One sentence and six charts to explain why Comcast is buying Time Warner Cable
Quartz
Why is America’s largest cable TV company buying its biggest rival for $44 billion?
shared by @ritholtz, Abnormal Returns, @CardiffGarcia, Huffington Post
 

This Math Formula Shows Why the Comcast—Time Warner Cable Deal Should Be Blocked
New York
Good ol’ HHI.
shared by @TheStalwart, @ModeledBehavior, @counterparties
 

There is no such thing as the banking profession
Financial Times
Self-inflicted injuries result from a lack of both common purpose and shared values.
shared by @LaurenLaCapra, @counterparties, Naked Capitalism, @Ian_Fraser
 

The Dollar and the Damage Done by Barry Eichengreen
Project Syndicate
The US Federal Reserve is being widely blamed for the recent eruption of volatility in emerging markets. But is the Fed just a convenient whipping boy? Put three events – the tapering of QE, the torpedoing of IMF reform, and the entrenchment of dollar swaps – together and what you get is a US that has renationalized the international lender-of-last-resort function.
shared by @DavidBarboza2, reddit/Economics, @niubi, @B_Eichengreen, @wonkmonk_
 

World asleep as China tightens deflationary vice
The Telegraph
We keep our fingers crossed as we glimpse the first foam of a deflationary Ch’ient’ang’kian coming our way from China. The world’s central banks have no margin for error.
shared by @edwardnh, reddit/Economics, Naked Capitalism, @pkedrosky
 

Preparing for Disaster by Betting Against It
New York Times
Catastrophe bonds are an increasingly popular type of storm insurance — and public finance innovation.
shared by @ToddSullivan, @counterparties, @Kiffmeister
 

Pension politics
Reuters
The PBS series ‘Pension Peril’ has secretly been funded by John Arnold, a billionaire powerbroker with an aggressively anti-pensions political agenda.
shared by @interfluidity, @MarkThoma, @maxabelson, @AlephBlog, @Kiffmeister
 

A business of herding
researchpuzzle.com
Big questions from Noah Smith: Is trend-chasing by quasi-rational investors the big force behind long-term stock return predictability? And, could models be constructed to predict the peaks of bubbles?
shared by @derekhernquist, @ReformedBroker, @Noahpinion, Abnormal Returns
 

Why AOL ended up spending millions on ’distressed babies’
Fortune
Distressedbabygate at AOL is yet another sign that corporate America is taking on too much health care risk.
shared by @LaurenYoung, @mattbish, @BarbarianCap, @AlephBlog, @AmyResnick, @moorehn
 

IMF Paper: No U.S. Manufacturing Renaissance
Wall Street Journal
Don’t get your hopes up for a U.S. manufacturing renaissance.
shared by @edwardnh, @volatilitysmile, Naked Capitalism, @nasiripour, @Richard_Florida
 

Nassim Taleb looks at what will break, and what won’t
The Economist
Paradoxically, one can make long-term predictions on the basis of the prevalence of forecasting errors.
shared by @ObsoleteDogma, @JacobWolinsky, @Noahpinion, @mark_dow
 

Apple Said to Plan New Set-Top Box Amid Time Warner Cable Talks
Bloomberg
Apple Inc. is planning to introduce a new Apple TV set-top box and is negotiating with Time Warner Cable Inc. and other potential partners to add video content, according to people with knowledge of the matter.
shared by @firstadopter, @pkedrosky, @ReformedBroker, @Techmeme, @MParekh
 

Walrus Value: Notes on The Art of Short Selling
walrusvalue.blogspot.com
shared by @JacobWolinsky, @herbgreenberg, @BarbarianCap