In case you missed it, yesterday was the 27th anniversary of 1987 crash – in 2014 terms, that would be a one day drop of 3700 Dow point! Oh, and reads:
• What is global market turbulence telling us? (FT)
• When Stocks Are Expensive, Returns Have Been Lower (The Upshot) see also How Low Will Stocks Go? (WSJ)
• Seeking a Cause After a Benchmark Bond’s Unnerving Move (Dealbook)
• 5 Reasons to Worry About Deflation (Washington Wire)
• GM’s hit and run: How a lawyer, mechanic, and engineer blew open the worst auto scandal in history (Pando)
• European banks and the global banking glut (Piera)
• The Plot Against Public Education: How millionaires and billionaires are ruining our schools. (Politico)
• This Could Be the Future of Battlefield Robotics (NextGov) see also Baidu Embraces Artificial Intelligence to Build a Better Search Engine (Businessweek)
• Nerd culture is destroying Silicon Valley (Quartz)
• How To Make $500,000 A Year On Twitter (Fast Company)
What are you reading?
Bears but no picnic
Source: The Economist
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