10 Wednesday PM Reads

Put that iPhone down, you Candy Crush playing eejit, and enjoy these Train readings:

• Fed Keeps Rates Unchanged, Sees Eventual Rise in 2015, 2016 (WSJ)
• The fortunes of forecasters are telling, so why do we still listen? (Episode)
• Of darkish pools (FT Alphaville)
• Chinese companies have racked up $14.2 trillion in debt — more than any country on the planet (Quartz)
• Why Inexperienced Investors Do Not Learn: They Do Not Know Their Past Performance (SSRN)
• Steve Forbes tells Washington Post readers to ‘thank the billionaires’; op-ed backfires spectacularly (The Margin)
• The Bankrupt Economics of David Brat (Pragmatic Capitalism)
• The Long Truce (Talking Points Memo)
• What the Theory of “Disruptive Innovation” Gets Wrong (New Yorker) see also Let’s All Stop Saying ‘Disrupt’ (NY Mag)
•  Amazon Unveils the Fire Phone  (re/Code)

What are you reading?



1% Moves

Source: Bespoke Investment Group

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