My morning reads:
• This is the best thing you will read today: The End is Where We Start From (The Reformed Broker)
• Rally Matches 1990s Gains With Valuations 28% Lower (Bloomberg) see also Literally Every Strategist On Wall Street Has Been Wrong About The Stock Market (Business Insider)
• After a decade of decline, it’s time for the dollar to have its day (Telegraph)
• How the Rich Play the Market (WSJ)
• U.S. Posts Biggest Monthly Surplus in 5 Years (Real Time Economics)
• Japan: The Kuroda recovery will be about domestic demand and not about exports (The Market Monetarist)
• The Facebook Home disaster (Salon)
• Bloomberg’s culture is all about omniscience, down to the last keystroke (Quartz)
• Pilotless Planes, Pacific Tensions (NYT) see also U.S. automatic cuts send Pentagon contract awards down 52 percent (Washington Post)
• Twitter Vines Get Shared 4x More Than Online Video Researcher says nascent tool packs branding punch (AdWeek)
What are you reading?
Consumption and growth
Source: Economist
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