My afternoon train reading:
• Kass: The Bob Farrell Sentiment Indicator is Turning Bullish (The Street)
• All eyes on asset encumbrance in Europe (FT Alphaville)
• Banks’ Liquidity Hinges on Risky Assets (CFO)
• Chinese banks’ Weapons of Mass Ponzi (FT.com)
• WTF?!? Bonds for $105 Million to Cost School Over $1 Billion (Businessweek)
• The ruins of empire: Asia’s emergence from western imperialism (Guardian)
• Misplacing the Blame for Budget Problems (Economist’s View)
• Samsung’s 2010 Report Says Its Galaxy Would Be Better if It Were Just More Like the iPhone (All Things D) see also Apple’s motivation for suing Samsung (The Loop)
• The College Wage Premium (Cleveland Fed)
• How Romney’s Pick of a Running Mate Will impact Election (NYT)
What are you reading?
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Loan Terms, Bond Yields Buttress U.S. Economy
Source: David Wilson, Bloomberg
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