My afternoon train reading:
• Cheer Up: World Growth Is Accelerating (Bloomberg) see also The Myth of America’s Decline: Why the ‘Declinists’ Are Wrong (Again) (Yahoo Finance)
• Why investors are more bullish about the S&P 500 than Goldman and other analysts (MarketWatch)
• Bubbles: No One Has Any Idea What’s Going On (Motley Fool) see also Let Fear Be Your Friend in the Market (Forbes)
• Does a Federal Reserve taper even matter for stocks? (CNBC)
• Microsoft’s Apple Investment: The Worst Deal of Them All? (Businessweek)
• Yay! Less than half of 1996! For IPOs, 2013 Nears Busiest Year Since Dot-Com Era (WSJ)
• The Volcker rule is nearly finished. Here’s how we’ll know if it’s any good. (Washington Post) see also Near a Vote, Volcker Rule Is Weathering New Attacks (DealBook)
• By George, Britain’s Austerity Experiment Didn’t Work! (New Yorker)
• On Mars, an Ancient Lake and Perhaps Life (NY Times)
• China Mobile Adds the iPhone Follow-up (stratēchery)
What are you reading?
Greece has lost more than one-fifth of its pre-crisis economy
Source: Quartz
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