My afternoon train reading:
• The computers that run the stock market (CNNMoney)
• A Portfolio That’s as Simple as One, Two, Three (WSJ)
• Consumers Boost Borrowing (Real Time Economics) see also It’s Not Just ‘Jobs,’ It’s the Kind of Jobs That Matters (Moneybeat)
• S&P to court: Reasonable investors wouldn’t rely on our ‘puffery’ (MarketWatch)
• Audi to Zappa See Trade Talks as Chance to Cut Rules (Bloomberg)
• Good Urban Design Losing in Miami Beach (World Property Channel)
• How Spitzer as comptroller could impact Wall Street (MarketWatch) see also Sex Scandal, Just Another Spitzer Campaign Event (Bloomberg)
• China’s Great Rebalancing Act (The Diplomat)
• Top iOS apps and games go free ahead of App Store’s fifth anniversary (Verge) see also The Only Smartphones Worth Buying Right Now (Business Insider)
• Scientists find black hole bonanza (CNN)
What are you reading?
The bond fund outflow, charted
Source: FT Alphaville
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