Linkfest: Euro QE? Inflation is the dog that didn’t bark; Bond fund exits strain liquidity; Dalio: forget alpha, just meditate

Categories: Linkfest

Today’s most shared: Euro QE on tap? … Heroic central bank efforts fail to stoke inflation, squash deflation risk… Investors run for the exit from bond funds, may run into liquidity problems… Reactions to Bloomberg reportedly spiking a big China story, fearing expulsion… Dalio: you can’t outperform, so balance, index, and breathe.

ECB’s Praet: negative deposit rate, asset purchases are options
Wall Street Journal
The ECB could adopt negative interest rates or purchase assets from banks if needed to lift inflation closer to its target, a top ECB official said.
shared by @TheStalwart, @mccarthyryanj, @fiatcurrency, @jsphctrl
 
Economists Discover the Poor Behave Differently From the Rich
Bloomberg Businessweek
The profession used to view all people as behaving alike. It’s finally wising up.
shared by @ObsoleteDogma, @ReformedBroker, reddit/Economics
 
Central Banks Risk Asset Bubbles in Battle With Deflation Danger
Bloomberg
Central banks are finding it’s easier to push up stock and home prices than it is to prevent inflation from falling short of their targets.
shared by Naked Capitalism, reddit/Economics, Crossing Wall Street, @HamzeiAnalytics
 
Biggest banks face forex questions
Financial Times
The global probe into foreign exchange manipulation has widened to include 15 of the world’s biggest banks and some of the most actively traded currencies, as lenders scramble to help authorities in exchange for leniency.
shared by @davidenrich, Naked Capitalism, @JohnLothian, @Ian_Fraser
 
The Looming Bond Fund Crash
indexuniverse.eu
The risk of liquidity problems in retail bond funds continues to grow.
shared by @izakaminska, Naked Capitalism, @naufalsanaullah, @moorehn, @DavidSchawel
 
Preferred holders pitch to take over much of Fannie and Freddie
Financial Times
A group of hedge funds and private equity companies is preparing a proposal to take over large parts of Fannie Mae and Freddie Mac.
shared by @AmyResnick, NYT Dealbook, @JohnLothian, @petereavis, @nasiripour
 
Kevin Warsh: Finding Out Where Janet Yellen Stands
Wall Street Journal
In The Wall Street Journal, Kevin Warsh poses some subjects worth exploring at her confirmation hearing on Thursday.
shared by @BCAppelbaum, @ObsoleteDogma, @MarkThoma, @prchovanec
 
Mark Carney brings luck of the Irish to BoE
Financial Times
Since his arrival as governor of the Bank of England in July Mark Carney has had the luck of the Irish, enjoying rising growth, falling unemployment and rapidly moderating inflation.
shared by @graemewearden, @volatilitysmile, @LorcanRK, @peter_tl, @humenm
 
Spiked in China?
chinafile.com
According to Bloomberg News employees, Bloomberg editor in chief Matthew Winkler informed reporters by telephone on October 29 that Bloomberg would not publish their investigative story linking China’s wealthiest men to the country’s top leaders, because of concerns the story would anger the Chinese government and might elicit retribution in the form of denied visas for reporters.
shared by @goldkorn, @niubi, @larsonchristina
 
Switzerland’s Proposal to Pay People for Being Alive
New York Times
The simplest welfare program imaginable: an income for everyone, no strings attached.
shared by @TheStalwart, @MParekh, Marginal Revolution, @ObsoleteDogma
 
Steve Ballmer has made more than $1.7 billion since firing himself
Quartz
Microsoft shares have quietly leapt to their highest levels in more than 13 years.
shared by @jennablan, @JacobWolinsky, @ReformedBroker, Reformed Broker
 
Everything You Need to Know About Stock Market Crashes
The Reformed Broker
Since everyone is talking about stock market crashes this week, let’s add some context.
shared by Abnormal Returns, @counterparties, Crossing Wall Street
 

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