My late afternoon train reading:
• Cut in Household Spending Points to Recession (Bloomberg)
• As Investors, Chinese Turn to New York (NYT)
• Financial Crisis 2.0: Could Bad Mortgages Derail the Economy Again? (The Atlantic) see also Another Round of Bailouts? (Economix)
• 2011-20: Decade of U.S. economic hell (Market Watch)
• Interpreting the Fed: How Did it Lower Rates This Time? (Freakonomics)
• Robert Rubin, Bank America and the fate of the dollar (Institutional Risk Analyst)
• How to make monkeys out of rating agencies (FT.com)
• Chart of the day, global equity market edition (Felix Salmon)
• ‘Too big to fail’ is too dumb an idea to keep (John Kay)
• Welcome to the Anthropocene (The Economist)
• Taxes key to Mitt Romney’s ’04 pitch to Standard & Poor’s (Politico)
What are you reading?
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