Here are today’s favorite reads:
• Summer’s Volume Augurs Down Fall (WSJ) see also S&P500: Two possible interpretations. Sharp decline or collapse.(Chart Ly)
• Fascinating read: Disney, Walton, Ford, Gates: Tales of When Legends Leave (WSJ)
• Bernanke Scholar Advises Bernanke Fed Chief (Bloomberg) see also Bernanke Signaling No Bond Purchases Backed by Data From Prices to Freight (Bloomberg)
• Billions Meant for Struggling Homeowners May Pay Down Deficit Instead (Pro Publica)
• I’ve avoided most of the overwrought Steve Jobs coverage, but these two are worth reading:
…..-How Steve Jobs Changed The World (WSJ)
…..-Apple Without Jobs Gives Cook $28B to Deal (Bloomberg)
• Profit and Strain for China Banks (WSJ)
• Too Good to Fail (Stanford Social Innovation Review)
• BofA’s Costly Buffett Buffer (WSJ)
• Jeffrey Gundlach and Patrick Galley: The New Dream Team (Barron’s)
• It’s A Bird! It’s A Planet! It’s A … Gigantic Diamond! (Talking Points Memo)
What are you reading?
Source: Tropical Storm Tracker
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