Linkfest: Middle class erosion; Emerging markets point fingers at Fed as Yellen takes over
Categories: Linkfest
Today’s most shared:
- Businesses marketing to middle class are pinched.
- Yellen takes over at Fed, Bernanke joins Brookings to write a book.
- Who is to blame for emerging markets turmoil?
- Boards seek to check the power of activist investors.
- SAC to change name, structure.
- Retiring on your own terms.
The Middle Class Is Steadily Eroding. Just Ask the Business World.
New York Times
The post-recession reality is that the customer base for businesses that appeal to the middle class is shrinking as the top tier pulls even further away.
shared by @MichaelKitces, @mccarthyryanj, Naked Capitalism, @Alea_
New York Times
The post-recession reality is that the customer base for businesses that appeal to the middle class is shrinking as the top tier pulls even further away.
shared by @MichaelKitces, @mccarthyryanj, Naked Capitalism, @Alea_
Fed’s Janet Yellen has long history of breaking barriers
Washington Post
But the new Fed chair has been reticent about the role that gender has played in her four-decade career.
shared by @kevinroose, @davidmwessel, @BCAppelbaum, Here Is The City
Washington Post
But the new Fed chair has been reticent about the role that gender has played in her four-decade career.
shared by @kevinroose, @davidmwessel, @BCAppelbaum, Here Is The City
Emerging Markets’ Victimhood Narrative
Bloomberg
From Istanbul to Brasilia to Mumbai comes a crescendo of complaints about dollar imperialism. Heads of state and central bank governors allege that the policies of central banks in industrial countries, especially the U.S. Federal Reserve, pursued in self-interest, are wreaking havoc in emerging-market economies.
shared by @NickMalkoutzis, Naked Capitalism, reddit/Economics
Bloomberg
From Istanbul to Brasilia to Mumbai comes a crescendo of complaints about dollar imperialism. Heads of state and central bank governors allege that the policies of central banks in industrial countries, especially the U.S. Federal Reserve, pursued in self-interest, are wreaking havoc in emerging-market economies.
shared by @NickMalkoutzis, Naked Capitalism, reddit/Economics
Who’s to blame for the emerging-market crisis?
Reuters
Paul Krugman and Dani Rodrik are out with dueling op-eds on the subject of the latest bout of financial-market craziness in places like Argentina and Turkey.
shared by @mark_dow, @MichaelKitces, @NickMalkoutzis, Naked Capitalism
Reuters
Paul Krugman and Dani Rodrik are out with dueling op-eds on the subject of the latest bout of financial-market craziness in places like Argentina and Turkey.
shared by @mark_dow, @MichaelKitces, @NickMalkoutzis, Naked Capitalism
The $15 trillion shadow over Chinese banks
The Telegraph
China analyst Charlene Chu explains why the nation is on the verge of crisis
shared by @prchovanec, @mccarthyryanj, @mhewson_CMC, @niubi
The Telegraph
China analyst Charlene Chu explains why the nation is on the verge of crisis
shared by @prchovanec, @mccarthyryanj, @mhewson_CMC, @niubi
Macro Man: The Case of the Missing Bodies
macro-man.blogspot.co.uk
shared by @jsphctrl, @graemewearden, @pcdunham, @Pawelmorski, @M_C_Klein
macro-man.blogspot.co.uk
shared by @jsphctrl, @graemewearden, @pcdunham, @Pawelmorski, @M_C_Klein
Unlikely Allies Seek to Check Power of Activist Hedge Funds
New York Times
The Shareholder-Director Exchange seeks to provide board members and institutional investors with a protocol to follow when either side wants to talk with the other.
shared by Crossing Wall Street, @JacobWolinsky, @ReformedBroker
New York Times
The Shareholder-Director Exchange seeks to provide board members and institutional investors with a protocol to follow when either side wants to talk with the other.
shared by Crossing Wall Street, @JacobWolinsky, @ReformedBroker
After Scandal, SAC Capital Begins to Fade to Black
New York Times
Steven A. Cohen’s 22-year-old hedge fund — once the envy of Wall Street — is completing plans to change its name and its corporate structure by mid-March.
shared by @JacobWolinsky, @JohnLothian, @ritholtz
New York Times
Steven A. Cohen’s 22-year-old hedge fund — once the envy of Wall Street — is completing plans to change its name and its corporate structure by mid-March.
shared by @JacobWolinsky, @JohnLothian, @ritholtz
Inside ’Billionaires Row’: London’s rotting, derelict mansions worth £350m
theguardian.com
The North London street where billionaires can buy homes, never live in them, let them rot and still make millions.
shared by @ATabarrok, @M_C_Klein, @fiatcurrency, @kmac, reddit/Economics
theguardian.com
The North London street where billionaires can buy homes, never live in them, let them rot and still make millions.
shared by @ATabarrok, @M_C_Klein, @fiatcurrency, @kmac, reddit/Economics
Retiring on Your Own Terms
Wall Street Journal
By creating a new savings plan this past week called the myRA, President Barack Obama refocused attention on the retirement crisis.
shared by @mccarthyryanj, @ritholtz, @howardlindzon, @ReformedBroker
Wall Street Journal
By creating a new savings plan this past week called the myRA, President Barack Obama refocused attention on the retirement crisis.
shared by @mccarthyryanj, @ritholtz, @howardlindzon, @ReformedBroker
Why so many ex-NFL players struggle with money
CNBC
Many NFL stars earn a fortune during their career, only to find themselves struggling when their playing days are over.
shared by @BarbarianCap, @victorricciardi, @AlephBlog
CNBC
Many NFL stars earn a fortune during their career, only to find themselves struggling when their playing days are over.
shared by @BarbarianCap, @victorricciardi, @AlephBlog
Ben Bernanke joins Brookings Institution, Plans Book
brookings.edu
David Wessel welcomes Ben Bernanke to the Brookings Institution and its new Hutchins Center on Fiscal and Monetary Policy, where the former chairman of the Federal Reserve will be a Distinguished Fellow in Residence.
shared by @TheStalwart, @ChrisAdamsMKTS, @kairyssdal, @mark_dow
brookings.edu
David Wessel welcomes Ben Bernanke to the Brookings Institution and its new Hutchins Center on Fiscal and Monetary Policy, where the former chairman of the Federal Reserve will be a Distinguished Fellow in Residence.
shared by @TheStalwart, @ChrisAdamsMKTS, @kairyssdal, @mark_dow
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