Linkfest: Bank earnings wizardry; Stanley Fischer’s record; Do interest rates drive the business cycle?
Categories: Linkfest
Today’s most shared:
- Bank earnings have a lot of cookie jars.
- Stanley Fischer, the IMF, and the Asian debt crisis
- What quants don’t know
- Do interest rates drive investment?
- Robo-advisers – niche or mainstream?
- Jimmy Fallon and Bruce Springsteen on Chris Christie and ‘Bridgegate’
The Accounting Wizardry Behind Banks’ Strong Earnings
Bloomberg Businessweek
How banks such as JPMorgan Chase and Wells Fargo tap loan-loss reserves to bump up earnings.
shared by @LaurenLaCapra, NYT Dealbook, @m_delamerced, @lucymarcus
Bloomberg Businessweek
How banks such as JPMorgan Chase and Wells Fargo tap loan-loss reserves to bump up earnings.
shared by @LaurenLaCapra, NYT Dealbook, @m_delamerced, @lucymarcus
Fed Weighs Further Restrictions on Banks’ Commodities Units
Bloomberg
The Federal Reserve is weighing further restrictions on banks’ trading and warehousing of physical commodities as Congress scrutinizes potential conflicts of interest and manipulation in those markets.
shared by Naked Capitalism, @JohnLothian
Bloomberg
The Federal Reserve is weighing further restrictions on banks’ trading and warehousing of physical commodities as Congress scrutinizes potential conflicts of interest and manipulation in those markets.
shared by Naked Capitalism, @JohnLothian
What Stanley Fischer Did at the IMF
Bloomberg
Stanley Fischer has been nominated to be the vice chairman of the Federal Reserve Board. But senators should query him during his confirmation hearing about his time as No. 2 at the International Monetary Fund.
shared by @carney, @JohnLothian, Crossing Wall Street
Bloomberg
Stanley Fischer has been nominated to be the vice chairman of the Federal Reserve Board. But senators should query him during his confirmation hearing about his time as No. 2 at the International Monetary Fund.
shared by @carney, @JohnLothian, Crossing Wall Street
Albert Edwards’s Gloomy Tone Shifts to Top Gear
Wall Street Journal
Albert Edwards, a strategist at Societe Generale and the market’s undisputed Bear-In-Chief, presented his reliably gloomy view of the world in a swanky hotel in London Tuesday.
shared by @mark_dow, @SaraEisen, @LorcanRK, @Pawelmorski
Wall Street Journal
Albert Edwards, a strategist at Societe Generale and the market’s undisputed Bear-In-Chief, presented his reliably gloomy view of the world in a swanky hotel in London Tuesday.
shared by @mark_dow, @SaraEisen, @LorcanRK, @Pawelmorski
Ireland’s Rebound Is European Blarney
New York Times
Once the Celtic Tiger, the Irish economy has been severely chastened by austerity.
shared by @LaurenLaCapra, @NickMalkoutzis, @brianmlucey, reddit/Economics
New York Times
Once the Celtic Tiger, the Irish economy has been severely chastened by austerity.
shared by @LaurenLaCapra, @NickMalkoutzis, @brianmlucey, reddit/Economics
Why Quants Don’t Know Everything
Wired
The reason the number-loving quants win is they’re almost always right. But what happens after they win is not always the data-driven paradise they and their boosters expect.
shared by @EddyElfenbein, Abnormal Returns, @TimHarford, Felix Salmon, @eisingerj
Wired
The reason the number-loving quants win is they’re almost always right. But what happens after they win is not always the data-driven paradise they and their boosters expect.
shared by @EddyElfenbein, Abnormal Returns, @TimHarford, Felix Salmon, @eisingerj
Failing elites threaten our future
Financial Times
In 2014, Europeans commemorate the 100th anniversary of the start of the first world war.
shared by @SonyKapoor, @FGoria, @NickMalkoutzis, @mccarthyryanj
Financial Times
In 2014, Europeans commemorate the 100th anniversary of the start of the first world war.
shared by @SonyKapoor, @FGoria, @NickMalkoutzis, @mccarthyryanj
Larry Summers on why the economy is broken
Washington Post
An interview with Larry Summers.
shared by @delong, @tylercowen, @Noahpinion, @rortybomb
Washington Post
An interview with Larry Summers.
shared by @delong, @tylercowen, @Noahpinion, @rortybomb
Larry Summers, Who Always Has Something Interesting to Say
conversableeconomist.blogspot.co.uk
shared by @ObsoleteDogma, @rodrikdani, @TimHarford, @EpicureanDeal
conversableeconomist.blogspot.co.uk
shared by @ObsoleteDogma, @rodrikdani, @TimHarford, @EpicureanDeal
Interest rates don’t matter? Federal Reserve paper says so
CNBC
A new study from the Federal Reserve finds that businesses say that lower interest rates don’t really prompt more investment spending.
shared by @Noahpinion, @SimoneFoxman, @kairyssdal, @moorehn
CNBC
A new study from the Federal Reserve finds that businesses say that lower interest rates don’t really prompt more investment spending.
shared by @Noahpinion, @SimoneFoxman, @kairyssdal, @moorehn
Robo-adviser Wealthfront grows, but is it mainstream or just a niche?
InvestmentNews
At these sizes, it becomes increasingly difficult to ignore the strides that robo-advisers are making.
shared by @abnormalreturns, @MichaelKitces, Abnormal Returns
InvestmentNews
At these sizes, it becomes increasingly difficult to ignore the strides that robo-advisers are making.
shared by @abnormalreturns, @MichaelKitces, Abnormal Returns
Ten quotes on the question of financial bubbles
Abnormal Returns
Eddy Elfenbein, “A bubble is a bull market in which you don’t have a position.”
shared by @EddyElfenbein, @ritholtz, @MichaelKitces
Abnormal Returns
Eddy Elfenbein, “A bubble is a bull market in which you don’t have a position.”
shared by @EddyElfenbein, @ritholtz, @MichaelKitces
Bruce Springsteen, Jimmy Fallon sing Chris Christie ’New Jersey Traffic Jam’ song
nj.com
’They shut down the tollbooths of glory because we didn’t endorse Chris Christie’
shared by @peterlattman, @cate_long, @LaurenYoung, @petereavis, @ThemisSal, @moorehn
nj.com
’They shut down the tollbooths of glory because we didn’t endorse Chris Christie’
shared by @peterlattman, @cate_long, @LaurenYoung, @petereavis, @ThemisSal, @moorehn
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