Linkfest: Real stagnation and chronic asset bubbles; Luck and fate; Modelers and models
Categories: Linkfest
Today’s most shared: Fed worries about secular stagnation… “I knew the Internet bubble. The Internet bubble was a friend of mine. Gentlemen, this is no Internet bubble.” … Interdealer chats under fire… Luck and fate… The fault lies not in our models, but in ourselves… The perils of not backing up your Bitcoin.
Fed Reveals New Concerns About Long-Term U.S. Slowdown
Bloomberg
Federal Reserve Chairman Ben S. Bernanke and his colleagues are suffering through their own form of cognitive dissonance: revealing new concerns about the economy’s long-term prospects even as they forecast faster growth in 2014.
shared by @mccarthyryanj, @RoubiniGlobal, reddit/Economics
Bloomberg
Federal Reserve Chairman Ben S. Bernanke and his colleagues are suffering through their own form of cognitive dissonance: revealing new concerns about the economy’s long-term prospects even as they forecast faster growth in 2014.
shared by @mccarthyryanj, @RoubiniGlobal, reddit/Economics
Let Me Tell You Something About The Internet Bubble…
Business Insider
Here’s what the bubble was really like.
shared by @ObsoleteDogma, @CardiffGarcia, @IvanTheK, @TheArmoTrader, @mccarthyryanj
Business Insider
Here’s what the bubble was really like.
shared by @ObsoleteDogma, @CardiffGarcia, @IvanTheK, @TheArmoTrader, @mccarthyryanj
Back to Housing Bubbles by Nouriel Roubini
Project Syndicate
What we are witnessing in many countries looks like a slow-motion replay of the last housing-market train wreck. And, like last time, the bigger the bubbles become, the nastier the collision with reality will be.
shared by @DanielAlpert, @AmyResnick, @Nouriel, @counterparties, @RoubiniGlobal
Project Syndicate
What we are witnessing in many countries looks like a slow-motion replay of the last housing-market train wreck. And, like last time, the bigger the bubbles become, the nastier the collision with reality will be.
shared by @DanielAlpert, @AmyResnick, @Nouriel, @counterparties, @RoubiniGlobal
Former Fed Chief Greenspan Sees No Bubble in Dow 16,000
Bloomberg
Former Federal Reserve Chairman Alan Greenspan said the U.S. economy probably will grow more slowly next year than some forecasters predict and indicated that a record U.S. stock market isn’t in a bubble.
shared by @ritholtz, reddit/Economics, @aarontask, @Nouriel, @JohnLothian, @DougKass
Bloomberg
Former Federal Reserve Chairman Alan Greenspan said the U.S. economy probably will grow more slowly next year than some forecasters predict and indicated that a record U.S. stock market isn’t in a bubble.
shared by @ritholtz, reddit/Economics, @aarontask, @Nouriel, @JohnLothian, @DougKass
Microsoft Said to Lean to Mulally, Nadella in CEO Search
Bloomberg
shared by @firstadopter, @HamzeiAnalytics, @raju, @nichcarlson, @hblodget, @Techmeme
Bloomberg
shared by @firstadopter, @HamzeiAnalytics, @raju, @nichcarlson, @hblodget, @Techmeme
Trader Messages Scrutinized as UBS Bans Chats Among Firms
Bloomberg
Messages between traders in a commodities chat room last week ranged from the dating habits of Kim Kardashian’s mother to West African pirates plundering oil and gas reserves to a riddle.
shared by @fiatcurrency, @JohnLothian, reddit/Economics, Here Is The City
Bloomberg
Messages between traders in a commodities chat room last week ranged from the dating habits of Kim Kardashian’s mother to West African pirates plundering oil and gas reserves to a riddle.
shared by @fiatcurrency, @JohnLothian, reddit/Economics, Here Is The City
3 key facts about Japan’s deteriorating demographics
Sober Look
shared by @edwardnh, @EconBrothers, @Noahpinion, Marginal Revolution
Sober Look
shared by @edwardnh, @EconBrothers, @Noahpinion, Marginal Revolution
Luck
Stumbling and Mumbling
Rick’s lovely account of how computers enabled him to write should remind us of a more general point – that luck determines pretty much all of our economic fate.
shared by @TheStalwart, @MarkThoma, @CardiffGarcia, @EpicureanDeal, @moorehn
Stumbling and Mumbling
Rick’s lovely account of how computers enabled him to write should remind us of a more general point – that luck determines pretty much all of our economic fate.
shared by @TheStalwart, @MarkThoma, @CardiffGarcia, @EpicureanDeal, @moorehn
The Trouble With Economics Is Economists
New York Times
If only we had listened to the textbooks.
shared by @cullenroche, @GTCost, reddit/Economics, @Noahpinion
New York Times
If only we had listened to the textbooks.
shared by @cullenroche, @GTCost, reddit/Economics, @Noahpinion
Blanchard: Monetary policy will never be the same
VOX
shared by @MarkThoma, reddit/Economics, Naked Capitalism, @tomkeene
VOX
shared by @MarkThoma, reddit/Economics, Naked Capitalism, @tomkeene
Missing: hard drive containing Bitcoins worth £4m in Newport landfill site
theguardian.com
A digital ’wallet’ containing 7,500 Bitcoins that James Howells generated on his laptop is buried under four feet of rubbish
shared by @firstadopter, @izakaminska, @spignal, @prchovanec
theguardian.com
A digital ’wallet’ containing 7,500 Bitcoins that James Howells generated on his laptop is buried under four feet of rubbish
shared by @firstadopter, @izakaminska, @spignal, @prchovanec
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