Trading in Your Feathers
esoltas.blogspot.com
There are two main dovish arguments. The first is that we’re “nowhere close” to full employment. The second is that, even if we are close, it’s worth chancing it with inflation because the benefits of a robust recovery greatly exceed its risks of taking it a bit too far.
shared by @ryanavent, EconLog, @ModeledBehavior, Free Exchange, Marginal Revolution
 

The Fed Absolutely Shouldn’t Give Up on the Long-Term Unemployed
The Atlantic
The new inflation hawks think labor markets are "tight" even though unemployment is still 6.7 percent. That’s crazy.
shared by @TheStalwart, @mccarthyryanj, @Noahpinion, @counterparties, @M_C_Klein
 

Quits Won’t Tell Us Anything About the True Unemployment Rate
Next New Deal
shared by @interfluidity, @ObsoleteDogma, @MarkThoma, @rortybomb
 

What is the Fed’s Real Inflation Target?
Macro and Other Market Musings
shared by @ryanavent, @MarkThoma, @EconBrothers, @Noahpinion
 

Regulators Size Up Wall Street, With Worry
New York Times
Bank regulators are using the bully pulpit to make sweeping, critical pronouncements about the ethos of the industry that they monitor.
shared by @ryanchittum, @retheauditors, @AmerBanker, Crossing Wall Street, @bobivry
 

Paralysed ECB leaves Europe at the mercy of deflation shock from China
The Telegraph
China will seek to pass its deflationary parcel to Europe, the one region that lacks a proper central bank and the governing coherence to protect its own interests.
shared by @ObsoleteDogma, @Alea_, @D_Blanchflower, @mhewson_CMC
 

Missed Alarms and 40 Million Stolen Credit Card Numbers: How Target Blew It
Bloomberg Businessweek
Target ignored its own alarms—and turned its customers into victims of an epic hack.
shared by @davewiner, @ErikSchatzker, @mccarthyryanj, @BarbarianCap
 

This Is the Real Reason Sbarro Is in Bankruptcy
New York Times
Sbarro’s strategy of being where the hungry people are fails when crowds thin and rents don’t fall.
shared by @SimoneFoxman, Marginal Revolution, @IvanTheK, @Neil_Irwin
 

Wells Fargo made up on-demand foreclosure papers plan: court filing
NY Post
Wells Fargo, the nation’s biggest mortgage servicer, appears to have set up detailed internal procedures to fabricate foreclosure papers on demand, according to allegations in papers filed Tuesday.
shared by Naked Capitalism, @ReformedBroker, @edwardnh, @moorehn
 

How Market Tops Get Made
bloombergview.com
With all the bubble chatter and talks of over-valued stock markets, I thought it was time to have a discussion with someone expert on the subject.
shared by @ritholtz, @AlephBlog, @tomkeene, @ReformedBroker
 

The FTC has opened an investigation into Herbalife
Financial Times
The Federal Trade Commission has opened a formal investigation into Herbalife.
shared by @TheStalwart, @ModeledBehavior, @M_C_Klein, @mccarthyryanj
 

Trading Rule #9 – Blame is for Losers
Kid Dynamite’s World
Blame is for Losers – Take Responsibility for your decisions and actions
shared by @howardlindzon, Abnormal Returns, @derekhernquist, @abnormalreturns
 

Eric Schmidt: The Future of Internet Freedom
New York Times
We have the technology to defeat censorship. Do we have the will?
shared by @joshchin, @HamzeiAnalytics, @gadyepstein, @MarkThoma, @hedgefundinvest, @raju
 

An online Magna Carta: Berners-Lee calls for bill of rights for web
theguardian.com
Exclusive: web’s inventor warns neutrality under sustained attack from governments and corporations
shared by @ryanchittum, @davewiner, @Techmeme, Huffington Post