My afternoon (please don’t be too late) train reading:
• China’s model stimulus has more to show for it than US (FT.com) see also America’s huge mistake on monetary policy: How negative interest rates could have stopped the Great Recession in its tracks (Quartz)
• Locking horns over the fiduciary standard (Benefits Pro)
• It’s about to get harder to buy a home (MarketWatch) see also Mortgage Lenders, Home Buyers Feel Rate Squeeze (WSJ)
• How High 401(k) Fees Can Doom Your Retirement Plans (Moneybox)
• As Entrepreneurs Keep Reminding Us, They Lied To Us In Econ. 101 (Forbes) see also Ten Things for Applied Econometricians to Keep in Mind (Econometrics Beat: Dave Giles’ Blog)
• People make the same basic investment decisions as monkeys, scientists find (Quartz)
• Mercy for the Fed (The Sun)
• Sheila Bair: U.S. Banking System Still Fragile (WSJ) see also Banks Seen at Risk Five Years After Lehman Collapse (Bloomberg)
• Google Search Data Makes the RIAA’s Censorship Efforts Look Pretty Dumb (Gizmodo)
• How the Internet broke on 9/11 (The Switch)
What are you reading?
Comparing Tech’s Market Cap to Other Sectors
Source: Avondale
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