Linkfest: Rising rents; Stock market reform; Big bets on wealth management disruption
Categories: Linkfest
Today’s most shared:
- Rising rents may drive inflation reports, inequality debate.
- Reforming stock trading.
- Disrupting wealth management.
- Frequently asked questions on a China property glut.
- The death of mortgage lending.
- Are hedge funds shock absorbers of financial volatility, or sources of contagion?
In Many Cities, Rent Is Rising Out of Reach of Middle Class
New York Times
More households are being priced out of more areas: An analysis found 90 cities where the median rent is more than 30 percent of the median gross income.
shared by @CenterOnBudget, @LaurenLaCapra, @markgongloff, @NickTimiraos
New York Times
More households are being priced out of more areas: An analysis found 90 cities where the median rent is more than 30 percent of the median gross income.
shared by @CenterOnBudget, @LaurenLaCapra, @markgongloff, @NickTimiraos
How Burrowing Owls Lead To Vomiting Anarchists
TechCrunch
Today, the tech industry is apparently on track to destroy one of the world’s most valuable cultural treasures, San Francisco, by pushing out the diverse people who have helped create it. At least that’s the story you’ve read in hundreds of articles lately.
shared by @kevinroose, @Noahpinion, @Richard_Florida, @ObsoleteDogma
TechCrunch
Today, the tech industry is apparently on track to destroy one of the world’s most valuable cultural treasures, San Francisco, by pushing out the diverse people who have helped create it. At least that’s the story you’ve read in hundreds of articles lately.
shared by @kevinroose, @Noahpinion, @Richard_Florida, @ObsoleteDogma
’Maker-taker’ may soon be a goner.
Wall Street Journal
U.S. regulators are weighing a plan to curb a fee system that is a major source of revenue for exchanges and some high-frequency traders, say top Securities and Exchange Commission officials.
shared by @ritholtz, @JohnLothian, @IvanTheK, @NicTrades
Wall Street Journal
U.S. regulators are weighing a plan to curb a fee system that is a major source of revenue for exchanges and some high-frequency traders, say top Securities and Exchange Commission officials.
shared by @ritholtz, @JohnLothian, @IvanTheK, @NicTrades
Flash In the Pan: On ’Flash Boys,’ Michael Lewis’s Baffling New Book
NY Observer
Strange things happen when Wall Street outsources its bargaining and brokering functions to computers.
shared by @felixsalmon, @MattGoldstein26, @bobivry
NY Observer
Strange things happen when Wall Street outsources its bargaining and brokering functions to computers.
shared by @felixsalmon, @MattGoldstein26, @bobivry
Betterment Raises $32 Million To Disrupt Money Management
TechCrunch
Betterment, the online financial services firm pitching better investments through technology, has raised $32 million in its latest round of funding.
shared by @felixsalmon, @abnormalreturns, @MichaelKitces, Abnormal Returns
TechCrunch
Betterment, the online financial services firm pitching better investments through technology, has raised $32 million in its latest round of funding.
shared by @felixsalmon, @abnormalreturns, @MichaelKitces, Abnormal Returns
Too Much of a Good Thing: A China Property Glut FAQ
Wall Street Journal
China’s smaller cities are now the scene of a housing glut, which could undermine China’s growth. What are the possible consequences? How are developers reacting? Is the government doing anything about it?
shared by @chinahearsay, @vshih2, @prchovanec
Wall Street Journal
China’s smaller cities are now the scene of a housing glut, which could undermine China’s growth. What are the possible consequences? How are developers reacting? Is the government doing anything about it?
shared by @chinahearsay, @vshih2, @prchovanec
Stockbrokers who repeatedly failed a qualifying exam have on average worse disciplinary records
Wall Street Journal
More than 51,500 stockbrokers failed a basic exam needed to sell securities at least once, according to data that Wall Street regulators don’t disclose to investors, and those who repeatedly failed have on average worse disciplinary records.
shared by @TFMkts, @retheauditors, @ReformedBroker, @IvanTheK
Wall Street Journal
More than 51,500 stockbrokers failed a basic exam needed to sell securities at least once, according to data that Wall Street regulators don’t disclose to investors, and those who repeatedly failed have on average worse disciplinary records.
shared by @TFMkts, @retheauditors, @ReformedBroker, @IvanTheK
Christopher Whalen: The death of mortgage lending
HousingWire
“New regulations are a very convenient excuse for the large banks to get away from what is a crappy business,” according to one senior banker.
shared by @NickTimiraos, Naked Capitalism, @Kiffmeister
HousingWire
“New regulations are a very convenient excuse for the large banks to get away from what is a crappy business,” according to one senior banker.
shared by @NickTimiraos, Naked Capitalism, @Kiffmeister
How Important Are Hedge Funds in a Crisis?
frbsf.org
Before the 2007–09 crisis, standard risk measurement methods substantially underestimated the threat to the financial system. One reason was that these methods didn’t account for how closely commercial banks, investment banks, hedge funds, and insurance companies were linked.
shared by @RoubiniGlobal, @jmackin2, @Noahpinion, @Nouriel
frbsf.org
Before the 2007–09 crisis, standard risk measurement methods substantially underestimated the threat to the financial system. One reason was that these methods didn’t account for how closely commercial banks, investment banks, hedge funds, and insurance companies were linked.
shared by @RoubiniGlobal, @jmackin2, @Noahpinion, @Nouriel
Where’s the Golden Age for Investors?
bloombergview.com
Economists say that capitalists are squeezing workers to get high profits. Tell that to investors.
shared by @ATabarrok, @Noahpinion, @M_C_Klein
bloombergview.com
Economists say that capitalists are squeezing workers to get high profits. Tell that to investors.
shared by @ATabarrok, @Noahpinion, @M_C_Klein
Who Spends Extra Cash?
houseofdebt.org
Imagine we dropped cash on every household in the country. Who would spend it? Who would save it? The answer to this question matters a great deal.
shared by @MarkThoma, reddit/Economics, @wonkmonk_, @M_C_Klein
houseofdebt.org
Imagine we dropped cash on every household in the country. Who would spend it? Who would save it? The answer to this question matters a great deal.
shared by @MarkThoma, reddit/Economics, @wonkmonk_, @M_C_Klein
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