My morning travelin’ reads:
• China Stocks World’s Worst Losing $748 Billion on Slump (Bloomberg) see also Misreading Chinese Rebalancing (Project Syndicate)
• The Pros and Cons of Stock Buybacks (WSJ)
• Blackstone, Deutsche Bank in Talks to Sell Bond Backed by Home Rentals (WSJ)
• Forward Earnings Flying High (Dr. Ed’s Blog)
• Relax, We’re Not Detroit (The Daily Beast) see also After Detroit, muni bonds are safe, but no slam dunk (Reuters)
• American Dream Slipping as Homeownership at 18-Year Low (Bloomberg)
• In Europe, the case for… optimism? (FT Alphaville) see also A Marshall Plan for Greece (Reuters)
• 10 Signs That US Infrastructure Is A Disaster (Business Insider)
• Mobile Makes Facebook Just an App; That’s Great News (Stratechery)
• Apple’s iTunes Reaches One Billion Podcast Subscriptions (Small Business Trends)
What are you reading?
Blackstone/DB in Talks to Sell Bond Backed by Home Rentals
Source: WSJ
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