Linkfest: Declining retail; A Volcker rule for Europe? Howard Marks on luck
Categories: Linkfest
Today’s most shared:
- Fall in mall, big box store traffic may be permanent.
- Identifying bubbles.
- Europe looks to ban prop trading at banks.
- Only in a Wall Street bizarro world could people say DC waged war on Wall Street and won.
- Howard Marks on luck.
- Valuing Forbes.
- Seniors have to work because they owe money.
Retail store traffic has fallen, and may just stay that way
Wall Street Journal
Many retailers reporting tepid holiday results are blaming the race to discount, But there is a deeper malaise at work: A long-term change in shopper habits has reduced store traffic—perhaps permanently—and shifted pricing power away from malls and big-box retailers.
shared by @nancefinance, @BarbarianCap, @edwardnh, @JustinWolfers, @IvanTheK, @hblodget
Wall Street Journal
Many retailers reporting tepid holiday results are blaming the race to discount, But there is a deeper malaise at work: A long-term change in shopper habits has reduced store traffic—perhaps permanently—and shifted pricing power away from malls and big-box retailers.
shared by @nancefinance, @BarbarianCap, @edwardnh, @JustinWolfers, @IvanTheK, @hblodget
How to detect a market bubble
Financial Times
Many investors would like to be able to distinguish bubbles, which happen relatively infrequently, and tend to reverse extremely abruptly, from a regular bull market.
shared by @gavyndavies, @edwardnh, Reformed Broker, @abnormalreturns
Financial Times
Many investors would like to be able to distinguish bubbles, which happen relatively infrequently, and tend to reverse extremely abruptly, from a regular bull market.
shared by @gavyndavies, @edwardnh, Reformed Broker, @abnormalreturns
EU Weighs Ban on Proprietary Trading at Biggest Banks From 2018
Bloomberg
The largest banks in the European Union would face a “narrowly” defined ban on proprietary trading from 2018 under draft plans by Michel Barnier, the EU’s financial services chief.
shared by Here Is The City, Naked Capitalism, @JohnLothian, @NicTrades
Bloomberg
The largest banks in the European Union would face a “narrowly” defined ban on proprietary trading from 2018 under draft plans by Michel Barnier, the EU’s financial services chief.
shared by Here Is The City, Naked Capitalism, @JohnLothian, @NicTrades
Banks Keep Their Mortgage Litigation Reserves a Secret
New York Times
Some investors are upset that banks will not divulge the amount of money set aside, but some banks say they don’t want regulators to know the number lest the authorities increase settlement totals.
shared by Naked Capitalism, @IvanTheK, @moorehn
New York Times
Some investors are upset that banks will not divulge the amount of money set aside, but some banks say they don’t want regulators to know the number lest the authorities increase settlement totals.
shared by Naked Capitalism, @IvanTheK, @moorehn
Wealthy CEO Is Deeply Concerned About Budget Deficits
Business Insider
Travelers CEO Jay Fishman wants people to talk more about the federal budget deficit.
shared by @carney, @ObsoleteDogma, @JustinWolfers, @IvanTheK
Business Insider
Travelers CEO Jay Fishman wants people to talk more about the federal budget deficit.
shared by @carney, @ObsoleteDogma, @JustinWolfers, @IvanTheK
Understanding the Potential Effects of QE on Gross Financial Flows to Developing Countries
Econbrowser
shared by @ritholtz, @edwardnh, @EconBrothers, Marginal Revolution, Reformed Broker
Econbrowser
shared by @ritholtz, @edwardnh, @EconBrothers, Marginal Revolution, Reformed Broker
Why stopping the next financial crash is an impossible dream
theweek.com
shared by @ProSyn, @Noahpinion, @TimOBrien
theweek.com
shared by @ProSyn, @Noahpinion, @TimOBrien
Metals, Currency Rigging Worse Than Libor, Bafin Chief Says
Bloomberg
Germany’s top financial regulator said possible manipulation of currency rates and prices for precious metals is worse than the Libor-rigging scandal, which has already led to fines of about $6 billion.
shared by reddit/Economics, Here Is The City, @nasiripour, @KidDynamiteBlog
Bloomberg
Germany’s top financial regulator said possible manipulation of currency rates and prices for precious metals is worse than the Libor-rigging scandal, which has already led to fines of about $6 billion.
shared by reddit/Economics, Here Is The City, @nasiripour, @KidDynamiteBlog
We Need A New Supply Side Economics
Business Insider
We need a suite of policies to encourage investment and innovation — and that doesn’t just mean tax cuts.
shared by @delong, @ObsoleteDogma, @Noahpinion, @TheArmoTrader, @ryanavent
Business Insider
We need a suite of policies to encourage investment and innovation — and that doesn’t just mean tax cuts.
shared by @delong, @ObsoleteDogma, @Noahpinion, @TheArmoTrader, @ryanavent
The newsonomics of Forbes’ real performance and price potential
niemanlab.org
Financial documents being shown to potential buyers raise questions about its future growth. Has Forbes peaked? And can it justify the high price it’s seeking?
shared by @TheStalwart, @StKonrath, @foxjust, @johngapper, @TimOBrien
niemanlab.org
Financial documents being shown to potential buyers raise questions about its future growth. Has Forbes peaked? And can it justify the high price it’s seeking?
shared by @TheStalwart, @StKonrath, @foxjust, @johngapper, @TimOBrien
Wall Street’s All-Out War Against Financial Regulation Continues Unabated
Huffington Post
Only in the warped, distorted, Alice-in-Wonderland world of Wall Street would one think "Washington went to war against big Wall Street banks" or that "Washington won [the war] in a blowout," as said today in a Politico article.
shared by @M_C_Klein, @ryanchittum, @JoeSaluzzi, @baselinescene, @ThemisSal, @moorehn
Huffington Post
Only in the warped, distorted, Alice-in-Wonderland world of Wall Street would one think "Washington went to war against big Wall Street banks" or that "Washington won [the war] in a blowout," as said today in a Politico article.
shared by @M_C_Klein, @ryanchittum, @JoeSaluzzi, @baselinescene, @ThemisSal, @moorehn
Does Household Debt Influence the Labor Supply and Benefit Claiming Decisions of Older Americans?
bc.edu
shared by @ObsoleteDogma, @greg_ip, @carney
bc.edu
shared by @ObsoleteDogma, @greg_ip, @carney
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