My morning reads:
• Are Retail Investors ‘Fleeing’ Stocks? (WSJ)
• Wall Street’s Leadership Vacuum (Businessweek)
• Steve Jobs Vindicated by Verdict Protecting Apple Design (Bloomberg) see also
• A reading list to reflect loss of faith in capitalism (FT.com)
• How Young Homeowners Lost Out by Buying (The Atlantic) see also Getting to Know Underwater Homeowners (Zillow Real Estate Research)
• Two moves that tell you everything you need to know about Twitter’s future (Gigaom)
• China’s unprecedented liquidity injection (FT Alphaville) see also China Said to Order Action by Banks as Developer Loans Sour (Bloomberg)
• Payment Data Is More Valuable Than Payment Fees (Tech Crunch)
• You Are Probably Worse Off Than You Were Four Years Ago (The New Republic) see also Five myths about Paul Ryan’s budget (Washington Post)
• David Brooks OPED the talk of Tampa: The Real Romney (NYT)
What are you reading?
McCulley and Rosenberg: This Indicator Could be Pointing to Recession
Source: Pragmatic Capital
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