My afternoon train reads:
• Gary Shilling: Warning Flags in the Stock Market (Bloomberg View)
• Finding Alibaba: How Jerry Yang Made The Most Lucrative Bet In Silicon Valley History (Forbes)
• The middle class is poorer today than it was in 1989 (Wonkblog) see also Inflation-adjusted median household incomes are 9% lower than they were in 1999. (WSJ)
• No stopping ETFs: Total assets under management for U.S.-listed ETFs alone are approaching $2 trillion. (Fidelity)
• A Startling Look at How Profits Elude the Taxman (The Upshot)
• ‘Like Lingerie for Men’: How Statement Socks Became So Trendy (The Atlantic)
• Promise of New Subways Has West Siders Excited and East Siders Skeptical (NYT) see also Manhattan Homebuyers Pay Up as Sales Top Listing Price (Bloomberg)
• 11 Charts That Should Make People Embarrassed About The US Healthcare System (Business Insider)
• St. Louis gave teens free birth control, and they now have very low abortion rates (Vox) but see National Review’s Kevin D. Williamson Says Women Who Have Abortions & Their Doctors Should Be Hanged (Little Green Footballs)
• Which car to drive if you want to get the most tickets (WonkBlog)
What are you reading?
Nasdaq Composite Since 2000
Source: Chart of the Day
What's been said:
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