My morning reads:
• Interest rates 101: Why the party is over (Fortune)
• Corporate Tax Rates Plummet As Profits Soar (National Memo)
• Forward guidance, the ECB way (FT Alphaville) see also After Bernanke, make unconventional policy the norm (FT.com)
• Japan and the liquidity trap (Noahpinion)
• Hedge Fund Alpha is Negative; Down Around 1700 BPs in 11 Years (ValueWalk)
• India may have picked a fight with the markets it can’t win (Quartz)
• The Sequester Is a Failure—Posner (Becker-Posner Blog) but see Market rally puts stock prices in question (USA Today)
• Spitzer: The Steamroller Returns (New York Magazine)
• A Sneak Peek of the National Grid on Renewables (MIT Technology Review)
• The Single Most Important Change You Can Make In Your Working Habits (Farnam Street)
What are you reading?
For Treasury, a Question of Fundamentals
Source: WSJ
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