My afternoon train reading:
• Millennials may be about to move out (Washington Post)
• Numbers and Narrative: Modeling, Story Telling and Investing (Musing on Markets)
• Nobel-winning economist Robert Merton says 401(k)s face a crisis. Here’s why. (MarketWatch) see also Index fund guru Bogle finds little traction on governance (Reuters)
• CNBC Viewership Drops To Lowest Since 1997 as Cramer Has Worst Month Ever (Zero Hedge)
• Crumbling U.S. Grid Gets Jolt in Smart Houston Power System (Bloomberg)
• Two-thirds of U.S. states haven’t recovered the jobs they lost in the recession (Real Time Economics)
• Reports of Radio’s Death Have Been Greatly Exaggerated (Priceonomics)
• Meet today’s right-wing political football: The Ex-Im Bank (LA Times)
• 8 Star Trek Technologies Moving From Science Fiction to Science Fact (Forbes) see also
• 2014 National Geographic Traveler Photo Contest, Part II (The Atlantic)
What are you reading?
Financial Sector Has Taken Over the Economy
Source: The Economist
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