Econintersect: Click Read more >> below graphic to see today’s list.
The top of today’s reading list reports that 401(k) contributions are down and HSAs (Health Savings Accounts) are up …….. and the last article reports that an obscure stock market indicator has truned down.
- Workers Cut 401(k)s as They Fatten HSAs: Mercer (Danielle Andrus, ThinkAdvisor) With the Affordable Care Act, health care and its cost are top of mind, to the detriment of retirement savings.
- Swap Execution Facilities (SEFs): Everything Old is New Again (David Easthope, Focus, World Fedration of Exchanges)
- Fracking Bonanza Eludes Wastewater Recycling Investors (David Wethe and Peter Ward, Bloomberg)
Cleaning up water in the oil patch is a tougher slog than many expected. Geology and water chemistry vary so much by location that no one has devised a cheap, one-size-fits-all technology to convince most producers to recycle.
- All but ignored by investors, the retail sales outlook for this holiday season remains weak (Sober Look) See also Lee Adler and Steven Hansen both of whom have a more constructive interpretation of the data.
- How To Profit From ‘The Next Trillion-Dollar Industry’ (Investopedia)
- The PBGC’s perfect storm (Paula Aven Gladych, Benefits Pro) The government’s Pension Benefit Guaranty Corporation is $36 billion in the hole.
- From the Taj Mahal to Westminster Abbey: Notes from a Global Investor (Frank Holmes, U.S. Global Investors) Frank Holmes has contributed to Global Economic Interchange.
- The Kirtland Air Force Base Jet Fuel Spill: An Update (David Correia, La Jicarita) Hat tip to Sig Silber. The U.S. Air Force has created the largest underground toxic spill in U.S. history because of over a half century of neglect. And there is nothing being done about it.
- Does Modern Portfolio Theory Still Work? (Vern Smnight, Financial Planning) This slightly confusing article says yes but qualifies certain shortcomings. Something like this building location is safe from floods except for heavy rains.
- The ‘Paul McCulley’ Indicator Softened For The First Time In 6 Months (Sam Ro, Business Insider) “Nondefense capital goods orders excluding aircraft, aka core capex, unexpectedly fell by 1.2%.”