Some interesting reads for Monday:
• Global Market Cap: Trillions in Losses, but No Firm Tally (WSJ)
• The Fed has already begun its third easing campaign (Credit Write Downs)
• Wall Street’s new lie to Main Street – Asset Allocation (Mark Cuban)
• First Ponzi Whistelblower: The Man Time (Almost) Forgot (Fraud Magazine)
• Why Reagan Tax Cut Worked in 1981 & Why It Wouldn’t Work Today (Capital Gains + Games)
• Once Bit, Rich Shy From Risk of Stocks (WSJ) see also Withdrawals From Stock Funds Biggest Since ’08 (Bloomberg)
• Don’t listen to recession forecasters (CNN Money) I would make that forecasters in general
• New York Commercial Property May Beat Las Vegas as Safety Net (Bloomberg)
• Microsoft Faces the Post-PC World (WSJ)
• How the internet has all but destroyed the market for films, music and newspapers (Guardian)
What are you reading?
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