My morning reading:
• A Tale of Two Dows (or why we invest globally) (The Reformed Broker)
• Imagine the Fed bought defaulted Treasuries (FT Alphaville) see also 5 countries with bonds safer than Treasurys (MarketWatch)
• The Toughest Task in Investing: Picking an active manager (Morningstar)
• Euro Bonds Gain Favor Overseas (WSJ) see also The Wide, Wide World Of Bond ETFs (Capital Spectator)
• Twitter vs Tweeter: Extraordinary popular delusions (Marketwatch)
• Business Groups See Loss of Sway Over House G.O.P. (NYT) see also Republican Party Favorability Sinks to Record Low (Gallup)
• Why are some scientists unhappy with the Nobel prizes? (Economist)
• We spent 224 years building our credit. Only Congress can act to protect it. (Wonkblog) see also The GOP rewrites its ransom note (Wonkblog)
• The battle to destroy Wikipedia’s biggest sockpuppet army (Daily Dot)
• Elected governments should worry less about voting lobbies and more about how to govern well (Economist)
What are you reading?
Treeing the full faith and credit
Source: FT Alphaville
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