My morning reads:
• The Fear Gauge Goes Quiet—Too Quiet (WSJ) see also Stocks Approach Multiyear Highs (WSJ)
• Derivatives industry no likey new margin requirements (FT.com)
• Is Mark Zuckerberg in over his hoodie as Facebook CEO? (LA Times)
• Neuroeconomics two-fer
…..-Why are people overconfident so often? It’s all about social status (Barkeley HAAS)
…..-Studying Brain Responses Gives Marketers Increased Ability to Predict How People Make Decisions (Barkeley HAAS)
• Quelle Surprise! SEC Plans to Make the World Safer for Fraudsters, Push Through JOBS Act Con-Artist-Friendly Solicitation Rules (Naked Capitalism)
• China and India Lose Their Hunger for Gold (WSJ)
• New rules expose bigger funding gaps for public pensions (Washington Post) see also 11 reasons to leave your 401(k) behind (Market Watch)
• Google: Central Banks’ New Economic Indicator (Businessweek)
• The Single Most Important Object in the Global Economy (Slate)
• Fiscal Cliff Crisis Rooted in Senate Ploy to Pass Bush Tax Cuts (Businessweek)
What are you reading?
For Europe’s Economy, a Lost Decade Looms
Source: NYT
What's been said:
Discussions found on the web: