My afternoon train reading:
• Kass: 10 Laws of Stock Market Bubbles (The Street) but see Everything You Need to Know About Stock Market Crashes (Reformed Broker)
• To understand the potential of Tesla, look to the forest, not the trees (GigaOm)
• Ray Dalio: You’re not going to produce alpha, so focus on balancing…and meditation (MarketWatch) see also Ray Dalio’s Bridgewater On The Fed’s Dilemma: “We’re Worried That There’s No Gas Left In The QE Tank” (Zero Hedge)
• The government’s human price scanners (Washington Post)
• The Latest Measures of a Bid-Up Stock Market (Barron’s) but see Waiting for 10% correction? Don’t hold your breath (USA Today)
• Take a Crooked Path to Growth (Inc.)
• Todays WTF headline: The rise of paid friends: How New Yorkers are socializing with staff (Daily Mail)
• The Secrets Of A Memorable Infographic (Fast Company)
• Book Review: The Road to Recovery, by Andrew Smithers (FT)
• The secrets of the world’s happiest cities (Guardian) see also America’s Big Cities in Volatile Times (Pew States)
What are you reading?
Percentage of Stocks Above 50-Day Per Sector
Source: Bespoke
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