Linkfest: Policy coordination urged as ECB moves toward QE; Possible flood of HFT lawsuits, regs
Categories: Linkfest
Today’s most shared:
- El-Erian calls for more coordinated, aggressive policy intervention as ECB prepares for unconventional monetary policy.
- Possible flood of HFT lawsuits, regulation gets underway as Michael Lewis pushes back against critics.
- Facebook targets payments, Amazon to release phone (with possible push into payments), Google lobbies aggressively against a potential Comcast levy, among other issues.
- Shiller: Index tax brackets to combat inequality.
- A plethora of robo-advisers offer portfolios at low fees.
- How Milton Friedman invented tax witholding.
El-Erian: The Dangers of Policy Drift
bloombergview.com
The annual spring meetings of the International Monetary Fund and the World Bank signaled yet another wasted opportunity for enlightened and aggressive policy leadership at a time when the global economy desperately needs better steering.
shared by Marginal Revolution, @cafreeland, @tylercowen, @ReformedBroker
bloombergview.com
The annual spring meetings of the International Monetary Fund and the World Bank signaled yet another wasted opportunity for enlightened and aggressive policy leadership at a time when the global economy desperately needs better steering.
shared by Marginal Revolution, @cafreeland, @tylercowen, @ReformedBroker
ECB preparing to unleash unconventional monetary policy
Financial Times
Mario Draghi has signalled that the European Central Bank is getting ready to unleash new unconventional monetary policy in a bid to fight low inflation.
shared by @SonyKapoor, @prchovanec, @mhewson_CMC, Naked Capitalism
Financial Times
Mario Draghi has signalled that the European Central Bank is getting ready to unleash new unconventional monetary policy in a bid to fight low inflation.
shared by @SonyKapoor, @prchovanec, @mhewson_CMC, Naked Capitalism
Mario Draghi steers European Central Bank towards negative rates
Financial Times
Mario Draghi’s hint that the European Central Bank is readying more monetary easing suggests that eurozone policy makers’ next move will take them where no big central bank has gone before: cutting one of its key interest rates below zero.
shared by @fiatcurrency, @edwardnh, @davidmwessel, @HamzeiAnalytics
Financial Times
Mario Draghi’s hint that the European Central Bank is readying more monetary easing suggests that eurozone policy makers’ next move will take them where no big central bank has gone before: cutting one of its key interest rates below zero.
shared by @fiatcurrency, @edwardnh, @davidmwessel, @HamzeiAnalytics
Doom-mongers risk a self-fulfilling prophecy
Financial Times
Is the euro area entering a “lost decade” with a conjunction of low growth and deflation?
shared by @fiatcurrency, @LemaSabachthani, @economistmeg, @LorcanRK, @D_Blanchflower
Financial Times
Is the euro area entering a “lost decade” with a conjunction of low growth and deflation?
shared by @fiatcurrency, @LemaSabachthani, @economistmeg, @LorcanRK, @D_Blanchflower
CME Gave High-Frequency Traders Peek at Market, Lawsuit Claims
Bloomberg
CME Group Inc., owner of the world’s largest futures market, was sued by three of its users who alleged the company sold access to order information to high-frequency traders ahead of other market participants.
shared by @fiatcurrency, Here Is The City, @JoeSaluzzi, @Dvolatility
Bloomberg
CME Group Inc., owner of the world’s largest futures market, was sued by three of its users who alleged the company sold access to order information to high-frequency traders ahead of other market participants.
shared by @fiatcurrency, Here Is The City, @JoeSaluzzi, @Dvolatility
High-Frequency Traders Get Curbs as EU Reins In Flash Boys
Bloomberg
European Union lawmakers are poised to approve some of the toughest restrictions in the world on high-frequency trading, the first crackdown in the aftermath of Michael Lewis’s latest book, “Flash Boys.”
shared by @fiatcurrency, Here Is The City, @RANsquawk, Crossing Wall Street
Bloomberg
European Union lawmakers are poised to approve some of the toughest restrictions in the world on high-frequency trading, the first crackdown in the aftermath of Michael Lewis’s latest book, “Flash Boys.”
shared by @fiatcurrency, Here Is The City, @RANsquawk, Crossing Wall Street
Michael Lewis hits back: “There’s been a lot of people mouthing off without actually thinking about the book”
salon.com
The bestselling author explains the uproar caused by his new book: "This time I punched Wall Street in the balls."
shared by NYT Dealbook, @ritholtz, @JoeSaluzzi, @ThemisSal, @IvanTheK
salon.com
The bestselling author explains the uproar caused by his new book: "This time I punched Wall Street in the balls."
shared by NYT Dealbook, @ritholtz, @JoeSaluzzi, @ThemisSal, @IvanTheK
Facebook targets financial services
Financial Times
Not content with being just a platform to host cat photos and status updates, Facebook is readying itself to provide financial services in the form of remittances and electronic money.
shared by Huffington Post, @SaraEisen, @nichcarlson, @MatinaStevis
Financial Times
Not content with being just a platform to host cat photos and status updates, Facebook is readying itself to provide financial services in the form of remittances and electronic money.
shared by Huffington Post, @SaraEisen, @nichcarlson, @MatinaStevis
Amazon Preparing to Release Smartphone
Wall Street Journal
The retailer has plans to announce the phone in June and to begin shipping by the end of September, according to people briefed on the company’s plans.
shared by Huffington Post, Naked Capitalism, @ReformedBroker, @ericjackson
Wall Street Journal
The retailer has plans to announce the phone in June and to begin shipping by the end of September, according to people briefed on the company’s plans.
shared by Huffington Post, Naked Capitalism, @ReformedBroker, @ericjackson
How Google learned to stop worrying and mastered the Washington lobbying game
Washington Post
Since opening a one-man lobby shop nine years ago, the Web giant is now a pioneering corporate player in D.C.
shared by @TheStalwart, @mccarthyryanj, @newsycombinator, Naked Capitalism
Washington Post
Since opening a one-man lobby shop nine years ago, the Web giant is now a pioneering corporate player in D.C.
shared by @TheStalwart, @mccarthyryanj, @newsycombinator, Naked Capitalism
The power of the US cable barons must be challenged
Financial Times
Imagine if one company controlled 40 per cent of America’s roads and raised tolls far in excess of inflation. Suppose the roads were potholed. Imagine too that its former chief lobbyist headed the highway sector’s federal regulator.
shared by @TheStalwart, @MarkThoma, Abnormal Returns, @tomkeene
Financial Times
Imagine if one company controlled 40 per cent of America’s roads and raised tolls far in excess of inflation. Suppose the roads were potholed. Imagine too that its former chief lobbyist headed the highway sector’s federal regulator.
shared by @TheStalwart, @MarkThoma, Abnormal Returns, @tomkeene
Rich Start-Ups Go Back for Another Helping
New York Times
shared by @kevinroose, @mccarthyryanj, @BarbarianCap, Abnormal Returns
New York Times
shared by @kevinroose, @mccarthyryanj, @BarbarianCap, Abnormal Returns
Notes from the DoubleLine Lunch with Jeffrey Gundlach, Spring 2014
The Reformed Broker
Without further ado, here’s what I took away from the event.
shared by @firstadopter, @MichaelKitces, @moorehn, @howardlindzon
The Reformed Broker
Without further ado, here’s what I took away from the event.
shared by @firstadopter, @MichaelKitces, @moorehn, @howardlindzon
Shiller: Better Insurance Against Inequality
New York Times
The tax system could be tweaked to respond whenever the income gap widens.
shared by @TheStalwart, @MichaelKitces, @reddy, @HamzeiAnalytics
New York Times
The tax system could be tweaked to respond whenever the income gap widens.
shared by @TheStalwart, @MichaelKitces, @reddy, @HamzeiAnalytics
Financial Advice for People Who Aren’t Rich
New York Times
The new companies began with the idea of advising young adults on their finances, then discovered that people over 50 also wanted help.
shared by @abnormalreturns, @MParekh, @LaurenYoung, Abnormal Returns
New York Times
The new companies began with the idea of advising young adults on their finances, then discovered that people over 50 also wanted help.
shared by @abnormalreturns, @MParekh, @LaurenYoung, Abnormal Returns
How Milton Friedman Helped Invent Income Tax Withholding
Conversable Economist
shared by @davidmwessel, @MarkThoma, @TimHarford, @Austan_Goolsbee
Conversable Economist
shared by @davidmwessel, @MarkThoma, @TimHarford, @Austan_Goolsbee
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