10 Wednesday AM Reads

Midway thru the week, will this torrid rally take a breather? Or have is the snapback just an oversold bounce? Find out in our morning train reads:

• The Timeless Allure of Stock-Market Timers (Barron’s)
• The Stock Market Bottomed Ten Days Ago (Irrelevant Investor) see also Why Americans Will Believe Anything You Tell Them, in One Chart (Businessweek)
• The worst possible case for the worst possible idea, the gold standard (WonkBlog)
• The Downside to Stock Buybacks: There Could Be Better Uses for the Money (WSJ)
• Facts and rubbish about bank leverage ratios (Medium) see also Europe’s banks are too feeble to spur growth (FT)
• Is (teaching) Economics doing more harm than good? (Brian Lucey)
• Where did the Deepwater Horizon oil go? To Davy Jones’ Locker at the bottom of the sea (NSF)
• Uber Says Its Drivers Make Great Money. But the Math Just Doesn’t Add Up. (Slate) see also Ubering While Black (Medium)
• Why Google wants to replace Gmail: Gmail represents a dying class of products that, like Google Reader, puts control in the hands of users, not signal-harvesting algorithms. (Computer World)
• Flying car approaches liftoff as most advanced prototype yet is unveiled (The Guardian)

What are you going to the Halloween party as ?


We Are Actually Printing Fewer $100 Bills
100 bills
Source: Real Time Economics


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