My morning reads:
• The Superstitious Fund Project (A Superstitious Fund)
• Jeffrey Frankel on the “Procyclicalists”: Fiscal austerity vs. stimulus (Vox)
• Germany and Italy near blows over euro (Telegraph) see also Merkel’s Bavarian Allies Turn Critics on Anti-Crisis Measures (Bloomberg)
• Good news! Earnings growth is slowing (Market Watch)
• In search of liquid water (investment vehicles) (FT.com)
• Google Googles for Yield, Finds Auto Bonds (WSJ) see also Investors Seek Out Safer Shores (NYT)
• How to Invest in a Real-Estate Rebound (Smart Money)
• Weather Extremes Leave Parts of U.S. Grid Buckling (NYT)
• Does Cybercrime Really Cost $1 Trillion? (ProPublica)
• Four pieces of advice for the Verizon Wireless store (Jeff Stern)
What are you reading?
J.P. Morgan ‘Whale’ Was Prodded By Boss to Boost Values of Losing Bets
Source: WSJ, see also • J.P. Morgan ‘Whale’ Was Prodded to Falsify Trades (The New Republic)
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