Econintersect: Click Read more >> below graphic to see today’s list.
The top of today’s reading list is about a looming lost decade…….. and the tenth article is about global stocks at an all-time high. The 11th (bonus) article discusses the “incredible shrinking dollar” (Australia version).
- The Looming Lost Decade (Ashoka Mody, Project Syndicate)
- Predictions for 2014: Rodriguez, Fisher, Buckingham, Arnott (Jane Wollman, ThinkAdvisor)
- Bill passed banning investigative journalism! (Michael Haltman, The Political Commentator) Michael Haltman has contributed to Global Economic Intersection.
- Noise in claims data makes the measure useless for now (Walter Kurtz, Sober Look)
- Asset bubbles loom over 2014 (AFP, The Japan Times)
- Why This Company is Crowdsourcing, Gamifying the World’s Most Difficult Problems (Neal Ungerleider, Fast Company) Hat tip to Roger Erickson.
- Investing Metric Beats Dividend Yield, Buybacks (Carla Fried, Y-Charts) Carla Fried has contributed to Global Economic Intersection, most recently 14 December: Some Stock Buybacks Aren’t So Smart.
- The “Global Savings Glut” Is Conceptually Incoherent. “The Economy” Cannot “Save” (Steve Roth, Angry Bear) There is a little confusion of money with credit here but otherwise a great essay.
- Are Dividend Stocks a Separate Asset Class? (Joseph Lisanti, Financial Planning)
- Global stock rally: World market cap reached record high in November, and is back above pre-recession, pre-crisis level (Mark J. Perry, Carpe Diem, American Enterprise Institute) Mark Perry has contributed to Global Economic Intersection. Note: The data is in nominal terms. Correction the November 2013 value for inflation since October 2007, the real value in 2007 dollars is $58 T. On that basis there is still just a little to go (8.3%) to get to a value equal to $68.2 T in 2007 dollars.
BONUS
- The incredible sinking Australian dollar! (Houses and Holes, Macro Business)
