Good Monday morning. Here are my morning reads:
• Taibbi: Secret and Lies of the Bailout (RollingStone)
• Besides Gold, Economists Don’t Agree On Much (Businessweek)
• VIX This Week – Record Cliff Dive, Down 39.1% (CBOE Communities) see also VIX Has Largest Weekly Down Move Since Inception (Global Macroman)
• Explaining the Silliness of the Debt Ceiling and Platinum Coin to The Rest of • Magic, markets and models of science (Magic, Maths and Money)
the World… (Pragmatic Capitalism)
• Banks Win 4-Year Delay as Basel Liquidity Rule Loosened (Bloomberg) see also Banks Win an Easing of Rules on Assets (NYT)
• Queenan: People Who Need Rich People (WSJ)
• Superstorm Sandy and the importance of polar orbiting satellites in forecasting (Dr. Jeff Masters’ WunderBlog) see also Climate change is big business (for the insurance industry) (arstechnica)
• Andy Kessler: In the Privacy Wars, It’s iSpy vs. gSpy (WSJ)
• The Dot-Com Era Finally Comes to an End (Barron’s)
What are you reading?
Happy New Year? Not for Bonds
Source: WSJ
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