My morning reads:
• 2013 S&P 500: Analysts Predict How High It Will Go (Minyanville) see also Stock Buybacks Expected to Increase (NYT)
• David Rosenberg: Why Carney is the Wayne Gretzky of Canadian finance (The Globe and Mail)
• California Finds Economic Gloom Starting to Lift (NYT) but see ECRI Weekly Leading Index: Index Rises, Growth Diminishes (advisorperspectives)
• Milton Friedman’s Distortions (Unlearning Economics)
• American Housing Casino Revives After Big Drop: Mortgages (Bloomberg) see also Housing’s recovery looks real, but road back is still long (USA Today)
• Why Finland’s Unorthodox Education System Is The Best In The World (Business Insider)
• Gas tanker Ob River attempts first winter Arctic crossing (BBC)
• Soaring iPhone 5 sales in US knock Android into second place (KantarWorldPanel) see also Enterprises buying iPhones ‘in droves’: Here’s the tipping point (ZDNet)
• The folly of making political prediction markets like Intrade illegal (Reuters)
• 100 Notable Books of 2012 (NYT)
What are you reading?
Myspace grows 1% as Facebook falls double digits 10%
Source: The Orange County Register
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