For those of you complaining about the lack of volatility, I hope you are happy now! Our vine-ripened morning train reads:
• Fund Managers Who Spit Out Their Own Cooking (Morningstar) see also As Activism Rises, U.S. Firms Spend More on Buybacks Than Factories (WSJ)
• Paulson & Rubin: Why the U.S. Needs to Listen to China, and vice-versa. The importance of the mutual economic criticisms between two major world powers. (The Atlantic)
• The Tanker Market Is Sending a Big Warning to Oil Bulls (Bloomberg) see also Iraq About to Flood Oil Market in New Front of OPEC Price War (Bloomberg)
• How FIFA’s Structure Lends Itself To Corruption (fivethirtyeight)
• GMO Scientists Could Save the World From Hunger, If We Let Them (Newsweek) see also You won’t believe the $%#! you’ve been eating (CNN Money)
Post-modern retirement. I wonder if this is what the FX traders are going to be doing in retirement?
http://www.bloomberg.com/news/articles/2015-05-28/worldwide-elderly-crime-rates-increase
Awesome homicide monitor is awesome
http://flowingdata.com/2015/05/28/homicide-monitor-shows-distribution-of-violence-worldwide/
GOP stunt doubles for Presidency.
http://www.salon.com/2015/05/28/gops_summer_of_sad_stunts_the_desperate_hilarious_measures_2016_long_shots_are_taking_just_to_get_noticed/
Remember when Latino leaders said Obama could “fix immigration with the stroke of a pen!”?
… Obama could “fix immigration with the stroke of a pen”
http://www.nationaljournal.com/magazine/obama-s-immigration-options-20140408
Well…
http://www.cnn.com/2015/05/26/politics/obama-immigration-texas-federal-appeals-court/index.html
They were wrong. Time to call them out, in front of their supporters. And get them to focus their ire where all American’s ire should be, on Republicans
We need action on Immigration, Infrastucture, ISIS.
Add to every “general misconceptions” list out there:
You can’t do “this or that” with an election coming…
The elections are ALWAYS coming. That’s what they’re there for.
STOP MAKING SENSE!
FIFA Foofaraw
Qatar slavery… er… a… In-sourced labor.
http://www.thedailybeast.com/articles/2015/05/27/world-cup-slaves-it-gets-worse.html
Putin’s own goal
http://edition.cnn.com/2015/05/28/football/fifa-corruption-investigations-what-next/
The lack of support for Sunni anti-ISIS fighters and the US’s attempt a thwarting a Iran bomb may not had abided by the gulf state monarchy’s tantrums (not showing at Camp David.) So The gulf monarchies have to shoose corruption, stagnation, Putin and Iran nukes or America.
Your choice.
European Soccer Body Drops Threat to Boycott FIFA Vote
http://www.nytimes.com/2015/05/29/sports/soccer/sepp-blatter-fifa-corruption-soccer.html
Those brave European footballers. Nothing to see here, move along.
Let’s count all the ways FIFA is corrupt (vox http://bit.ly/1KsaLRr) FIFA Frantically Announces 2015 Summer World Cup In United States http://onion.com/1G2V6dq futbol, you bet! i always hated soccer, which is supposed to take over american sports since the 1980s
Dead Sites Posting (the awl http://bit.ly/1J8W72u) unless your site is about one thing, it’s about everything (Fredrik deBoer http://bit.ly/1Broz9y)
The War Nerd: Doing the math on Alawite casualty numbers http://bit.ly/1GGCcaQ and some people thought the Iraq invasion could lead to a regional war. damned libs, liberators
> Sign Up at irs.gov Before Crooks Do It For You (Krebs on Security)
Of course, that’s presently not possible because the IRS Get Transcript online service was hacked and has been shut down for the time being:
“The online Get Transcript service is currently unavailable. Transcripts may still be ordered using the Get Transcript by Mail service. We apologize for any inconvenience.”
Hackers stole personal information from 104,000 taxpayers, IRS says
http://goo.gl/xE6DD7 (WAPO)
Instead of Playing Golf, the World’s Elderly Are Staging Heists and Robbing Banks
http://www.bloomberg.com/news/articles/2015-05-28/worldwide-elderly-crime-rates-increase
Do they leave their Life Alerts at home?
In keeping with Bruce Bartlett’s recent and increasing exposure here and elsewhere, his twitter account today lists 19 instances of academic research citing Fox News as the far-right liars they are. Too numerous to list here. See for yourselves: https://twitter.com/brucebartlett
Incredible data visualization of the deaths in WWII (and war deaths before and after):
http://www.fallen.io/ww2/
Wow! Yes, very incredible. Thanks for sharing the link.I felt compelled to pay the ‘ticket’ price at the end.
“For those of you complaining about the lack of volatility, I hope you are happy now!”
I don’t get it. We’ve been hovering in a narrow band for months on end. There is no volatility.
Will central banks allow “free markets” to go down given the focus on “wealth effect” policy? As I’ve said for years, I very much expect stocks will never be allowed to go down again. There is no “market” any more; more and more “professional” analysts arrive at this conclusion with each passing day.
seems that some states actually increase income inequality
http://www.chron.com/news/nation-world/article/Federal-Reserve-These-states-are-stealing-from-6287561.php#photo-8015896
coming soon?
http://www.ibtimes.com/after-hours-use-work-email-may-finally-see-some-labor-regulations-1940882
and i wonder if IT will be still be considered a highly paid profession. with the impact of globalization and some employer collaboration (the wont hire from each other pact). it would seem that some of the current rules would go away
the easy way (most would call trickery and if not criminal just short of it) vs the hard way
http://www.pragcap.com/the-easy-way-vs-the-hard-way
seems like wall street believes the easy way is always the way to go
Feds charge former House Speaker Dennis Hastert with lying to FBI, illegal cash structuring
http://chicago.suntimes.com/news-chicago/7/71/644023/feds-charge-former-house-speaker-dennis-hastert-lying-fbi-illegal-cash-structuring
Boehner’s hero who bases his rule using the Hastert Rule to make the laws we live by.
http://www.politico.com/story/2013/06/john-boehner-hastert-rule-immigration-93511.html
Better late than never.
how the fed cant do what some thing it can
http://www.pragcap.com/bullard-endorses-ngdp-targeting-based-on-entirely-flawed-premise
it money isnt dropped into your account.
The end of SLR cameras?
Trying to catch up and failing.
http://www.dslrbodies.com/newsviews/offense-or-defense.html
Remember when Sony was the coolest brand in anything they made?
VAIO was supposed to connect it all seamlessly – computer, tv, music, mobile, etc- but siloed Japan divisions just would not allow it.
Now Sony is your father’s Oldsmobile.