10 Wednesday PM Reads

My afternoon train reads:

• Win the White House, Lose the Midterms (Bloomberg)
• Oil-Glut Move Spurs Further Losses Crude Hits a Three-Year Low in Wake of Lower Saudi Prices; Bearish Hedge Funds Find a Winner (WSJ) but see America’s Uneven Boost from Cheaper Oil (WSJ)
• Pyramid scheme or not, Herbalife is tanking (LA Times)
• Investors Pulled Record Amount From Pimco’s Flagship Fund in October (WSJ)
• Warnings from Japan for the eurozone: Europe has been unwilling to address the structural excess savings of creditor countries (FT)
Ayn Rand vs. Adam Smith: the only midterm election that counts (Market Watch)
• The Republican Party ran against Obama, and the president lost big-time. (Slate) but see Midterm Outcome: Mandate On Obama Or Big Money At Play? (National Memo)
• Apple borrowing billions to pay shareholders is everything wrong with capitalism today (Wonkblog)
• The Republican Party’s Tech Countdown To 2016 (FastCo)
• Infrastructure a Key Ballot Issue in Many States and Metros (Brookings)

What are you reading?



Inflation markets have declined throughout much of 2014

Source: Fidelity Investments


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