My afternoon train reads:
• Stock Investors in Japan Still Back Abe (WSJ) see also Abe $1 Trillion Gift to Stock Market Shields Recession Gloom (Bloomberg)
• Deep Recessions Leave Permanent Scars, Fed Research Finds (Real Time Economics)
• The S&P 500 and Its Earnings (Crossing Wall Street) see also Gold vs. Stocks: The 10-Year Winner Is… (Total Return)
• How AQR’s New Fund Adds Value An Alternative Approach to Alternatives: Investing with Style (Advisor Perspectives)
• Norway Wealth Fund Outsmarts Flash Boys as Algorithms Abandoned (Bloomberg)
• The Programmer’s Price: Want to hire a coding superstar? Call the agent. (New Yorker)
• A Carbon Tax Could Bolster Green Energy (NY Times)
• Musk’s Artificial Intelligence Warnings Are Hype (Bloomberg View)
• Michael Gerson: Pope Francis challenges the faithful (Washington Post)
• Today’s WTF headline: Eco project takes urine seriously (FT)
What are you reading?
Purgatory Of Low Returns
Source: GMO via BI
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