Linkfest: Yellen takes over; BlackRock ends surveys to glean early analyst shifts; Deconstructing ‘bubbles’
Categories: Linkfest
Today’s most shared: Janet Yellen ascends, financial world asks what her era will bring… BlackRock agrees to no longer ask analysts for unpublished views… Lenders mine social media for creditworthiness clues… Bitcoins – the BusinessWeek cover indicator is here… Empirical historical surveys: past episodes may not be predictors of future performance… Sovereign wealth fund makes every Norwegian a krone millionaire… Deconstructing ‘bubbles’… Vanity Fair encroaches on Fortune’s turf, and vice versa.
Janet Yellen: The Sixteen Trillion Dollar Woman
Time
In her first and only interview as Fed chief, the economist says why she thinks the housing market is back on track, companies will invest, and more new jobs are on the way this year.
shared by @jennablan, @danprimack, Business Insider, @NickTimiraos
Time
In her first and only interview as Fed chief, the economist says why she thinks the housing market is back on track, companies will invest, and more new jobs are on the way this year.
shared by @jennablan, @danprimack, Business Insider, @NickTimiraos
The Bitcoin-Mining Arms Race Heats Up
Bloomberg Businessweek
It takes an army of believers to mine a virtual currency.
shared by Business Insider, Huffington Post, @jsphctrl, @counterparties, @mccarthyryanj
Bloomberg Businessweek
It takes an army of believers to mine a virtual currency.
shared by Business Insider, Huffington Post, @jsphctrl, @counterparties, @mccarthyryanj
BlackRock Agrees to Stop Pursuing Nonpublic Views
New York Times
The asset management company agreed to no longer ask analysts for their opinions of companies before that information is made public.
shared by @LaurenLaCapra, @HamzeiAnalytics, @MattGoldstein26
New York Times
The asset management company agreed to no longer ask analysts for their opinions of companies before that information is made public.
shared by @LaurenLaCapra, @HamzeiAnalytics, @MattGoldstein26
More lenders are using social-media data to flag problems with prospective borrowers.
Wall Street Journal
Lending companies are mining Facebook, Twitter and other social media to help determine a borrower’s creditworthiness or identity, a trend that is raising concerns among consumer groups and regulators.
shared by @LaurenLaCapra, Naked Capitalism, @Techmeme, @JacobWolinsky
Wall Street Journal
Lending companies are mining Facebook, Twitter and other social media to help determine a borrower’s creditworthiness or identity, a trend that is raising concerns among consumer groups and regulators.
shared by @LaurenLaCapra, Naked Capitalism, @Techmeme, @JacobWolinsky
World’s Biggest Wealth Fund Sees Backing to Expand Mandate
Bloomberg
Norway’s $820 billion sovereign wealth fund, the world’s largest, is closer to getting the go ahead to expand into more asset classes as it struggles to meet return targets.
shared by Business Insider, @lucymarcus, @JohnLothian, @M_C_Klein
Bloomberg
Norway’s $820 billion sovereign wealth fund, the world’s largest, is closer to getting the go ahead to expand into more asset classes as it struggles to meet return targets.
shared by Business Insider, @lucymarcus, @JohnLothian, @M_C_Klein
The Big Issues Facing Fed Chair Janet Yellen
Bloomberg Businessweek
Yellen must deal with some knotty questions as she prepares to take the helm of the Federal Reserve. The answers aren’t academic.
shared by NYT Dealbook, @petercoy, Crossing Wall Street
Bloomberg Businessweek
Yellen must deal with some knotty questions as she prepares to take the helm of the Federal Reserve. The answers aren’t academic.
shared by NYT Dealbook, @petercoy, Crossing Wall Street
UBS Weighing Spinoff of Investment Bank, Mediobanca Says
Bloomberg
UBS AG, Switzerland’s biggest bank, is considering a spinoff of its investment banking business as regulators’ demands for more capital thwart efforts to boost returns, according to Mediobanca SpA analysts.
shared by @JacobWolinsky, NYT Dealbook, @JohnLothian
Bloomberg
UBS AG, Switzerland’s biggest bank, is considering a spinoff of its investment banking business as regulators’ demands for more capital thwart efforts to boost returns, according to Mediobanca SpA analysts.
shared by @JacobWolinsky, NYT Dealbook, @JohnLothian
What’s That You’re Calling a Bubble?
HBR
Debating the meaning of this inescapable element of modern economic discourse.
shared by @edwardnh, reddit/Economics, @Noahpinion, @MarkThoma
HBR
Debating the meaning of this inescapable element of modern economic discourse.
shared by @edwardnh, reddit/Economics, @Noahpinion, @MarkThoma
The invincible JP Morgan
Reuters
JP Morgan’s share price has gone steadily up and to the right, almost doubling over the past 18 months. In the view of Wall Street, that share price is Dimon’s vindication, and his ultimate shield.
shared by @retheauditors, Naked Capitalism, @interfluidity, @Alea_
Reuters
JP Morgan’s share price has gone steadily up and to the right, almost doubling over the past 18 months. In the view of Wall Street, that share price is Dimon’s vindication, and his ultimate shield.
shared by @retheauditors, Naked Capitalism, @interfluidity, @Alea_
The Business of Magazines: Vanity Fair and Fortune Reverse Roles
starkmanpr.com
Almost without exception, whenever the media uniformly lionizes executives and uncritically portrays them as messianic trailblazers with near-superpower competencies, their subject matters invariably fall short of their effusive billings. Given that Vanity Fair has staked a claim on Fortune’s turf, maybe Fortune should return the story by taking a run at Vanity Fair‘s claim of celebrity profiles. Who’s gracing the latest cover of Fortune? Robert Downey, Jr.
shared by @JacobWolinsky, Naked Capitalism, @EpicureanDeal, @eisingerj
starkmanpr.com
Almost without exception, whenever the media uniformly lionizes executives and uncritically portrays them as messianic trailblazers with near-superpower competencies, their subject matters invariably fall short of their effusive billings. Given that Vanity Fair has staked a claim on Fortune’s turf, maybe Fortune should return the story by taking a run at Vanity Fair‘s claim of celebrity profiles. Who’s gracing the latest cover of Fortune? Robert Downey, Jr.
shared by @JacobWolinsky, Naked Capitalism, @EpicureanDeal, @eisingerj
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