Fed’s Dudley Sees ‘Relatively Slow’ Pace of Tightening
Bloomberg Businessweek
Federal Reserve Bank of New York
President William Dudley said the pace of eventual interest rate increases “will probably be relatively slow,” depending on the economy’s progress and how financial markets react.
shared by @DougKass, @Convertbond, Reformed Broker
 

The Economic Outlook and Implications for Monetary Policy
New York Fed
The Economic Outlook and Implications for Monetary Policy
shared by @NYFed_news, @M_C_Klein, Business Insider, @NickTimiraos
 

What Kills You and Your Investments
Bloomberg View
Most of our fears are irrational, just like our investing decisions.
shared by @Noahpinion, @RPSeawright, Reformed Broker, @hblodget
 

The True Value of Macro Forecasting for Value Investors
Institutional Investor
Value investors have been enamored of macro forecasting since the financial crisis; to be successful, they need to act like climatologists, not meteorologists.
shared by @abnormalreturns, @vitaliyk, Abnormal Returns
 

China and Russia Are Said to Reach Major Gas Deal
New York Times
Capping a decade-long negotiation, the two countries agreed on Wednesday to a deal, expected to be worth about $400 billion, that would send gas from Siberia by pipeline to China.
shared by Business Insider, @AmyResnick, @MParekh, @ChrisAdamsMKTS, @TheStalwart
 

Comrade Capitalism
Reuters
Reuters investigates how the Russian elite do business in the Putin era.
shared by @ryanchittum, @HamzeiAnalytics, Huffington Post
 

After Fed, Bernanke Offers His Wisdom, for a Big Fee
New York Times
Ben S. Bernanke, the former chairman of the Federal Reserve, is poised to make millions of dollars from speaking engagements this year.
shared by Business Insider, @anatadmati, @NKingofDC, @peter_tl
 

BNP Paribas Risks Customer Flight as Dollar-Transfer Ban Looms
Bloomberg Businessweek
Credit Suisse Group AG emerged from a guilty plea this week relatively unscathed. The punishment that prosecutors are now holding over BNP Paribas SA’s head could have more severe consequences.
shared by @JohnLothian, @finansakrobat, Here Is The City, @moorehn, @eisingerj
 

Chinese real estate is in real trouble
Breakingviews
The coming correction could take several forms: shrinking investment, disappearing funding for developers, and lower prices. All three are connected.
shared by @MalcolmMoore, @retheauditors, @peter_tl, @Simon_Nixon
 

Debt rises in leveraged buyouts despite warnings
Wall Street Journal
Regulators have impressed upon banks that they aren’t happy with the amount of loans fueling takeovers by private-equity firms.
shared by @LaurenLaCapra, @ryanchittum, @JoeSaluzzi, @moorehn
 

BlackRock’s Fink Says Housing Structure More Unsound Now
Bloomberg
BlackRock Inc.’s Chief Executive Officer Laurence D. Fink said the U.S. housing market is “structurally more unsound” today than before the financial crisis because it depends more on government-backed mortgage companies such as Fannie Mae and Freddie Mac.
shared by @BarbarianCap, reddit/Economics, @Ian_Fraser, @nasiripour
 

Bankrupt Housing Policy
New York Times
A memoir from Timothy Geithner offers the chance to look back on the financial crisis and ask: Why didn’t the government do more to help homeowners?
shared by @delong, @anatadmati, @edwardnh, @MattGoldstein26
 

“Let’s, Like, Demolish Laundry”
New York
Silicon Valley is in a bubbly race to wash your clothes better, faster, and cooler. This is not a metaphor. Unless, you know, it is.
shared by @felixsalmon, @johngapper, @maxabelson, @TheStalwart