10 Wednesday AM Reads

No foolin’ around with our April Fool’s morning train reads:

• Investors Across the Globe Join the Party (WSJ)
• All Hail Jeffrey Gundlach, the New Bond King (Bloomberg View)
• Once-bullish fund managers start to capitulate on oil prices (Reuterssee also Oil Speculators Focused on Glut Miss Surge as Bombs Hit Yemen (Bloomberg)
• Highs and lows of the minimum wage (Tim Harford)
• Did Bernanke forget about QE? (FT Alphavillesee also U.S. Government Bonds Rise for Fifth Straight Quarterly Gain (WSJ)

Continues here: Ritholtz’s Reads: All Hail the New Bond King

 

 

 

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  1. hue commented on Apr 1

    the 1% solution: In defense of Trevor Noah’s stupid, tasteless tweets (WaPo) http://wapo.st/1BM8x93 Meet the tweet-deleters: people who are making their Twitter histories self-destruct ( fusion w/o the IQ) http://fus.in/1FhdefO

    The War Nerd: Islamic State and American Narcissism (pandodaily) http://bit.ly/1xyudu1

    ‘Sunk like a stone/ Like a first owner’s home loan’ (wsj) http://on.wsj.com/1IOlKnB Courtney Barnett to Release First Full-Length Album

    • hue commented on Apr 1

      WWJD who would jesus discriminate?

    • rd commented on Apr 1

      I think it was the money lenders and the Pharisees (religious leaders). The irony is too delicious.

  2. rd commented on Apr 1

    This is going to be an interesting case to watch. first off, it will be interesting to see if BoA can get it dismissed, and if not then to see if it goes to trial. It appears to highlight all of the advantages that you get in the financial system if you are a wealthy, “special” individual that is clearly not deserving of merely setting up accounts at Vanguard.

    http://losangeles.cbslocal.com/2015/03/31/nfl-linebacker-alleges-bank-of-america-aided-abetted-20m-fraud-scheme/

    • VennData commented on Apr 1

      Who are these religious people whose rights are being trampled upon? Where are the cases?

      It’s like the GOP complaining about all the family farms going bust.

    • Al_Czervik commented on Apr 1

      rd–I need to take a shower after reading a few of those comments over at MarketWatch. I hadn’t been over there in awhile and now I remember why.

    • rd commented on Apr 1

      I never read the comments at Marketwatch, Bloomberg etc. 1% of them have any value and the vast majority are just trolls. They have a decent selection of columnists though with some interesting info.

      I think this current furor is actually a sign of progress for the US as it shows that the belief in civil liberties is alive and well. In particular, the US has a long history with slavery and segregation that indicates the slippery slope discrimination can follow.

      “First they came for the Jews and I did not speak out — because I was not a Jew
      Then they came for the communists and I did not speak out — because I was not a communist
      Then they came for the trade unionists and I did not speak out because I was not a trade unionist
      Then they came for me and there was no one left to speak for me”
      (Pastor Niemoeller)

      Niemoller was initially a supporter of Hitler and the Nazis until he realized their true nature in the mid-30s. By then, they were in firm control and he ended up in concentration camp in 1937 and somehow managed to survive until the end of WW II.
      http://www.history.ucsb.edu/faculty/marcuse/projects/niem/articles/Marcuse2014NiemoellerQuote147gWeb.pdf

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