Today’s most shared: The search for Putin’s treasure intensifies, as do sanctions on Russia, tensions in Eastern Ukraine. Is an end to fractional reserve banking feasible? Fracking restrains oil prices, but the benefits may be less enduring than generally believed. … Read more
Leave a CommentToday’s most shared: Housing holds back US economy. The case for and against against shareholder activists. One man’s market discipline is another’s short-term focus. Is Buffett shirking a fiduciary duty by abstaining on Coca-Cola compensation vote? Netflix vs. Comcast on … Read more
Leave a CommentToday’s most shared: Piketty, Piketty, and more Piketty. Alternatives to outsourcing money creation to banks. Housing won’t save the economy: Consumer balance sheets improve, but rents go up, construction activity remains low. FCC seeks to salvage something like ‘Net Neutrality’ … Read more
Leave a CommentToday’s most shared: Is inequality overstated? Exchanges, unsurprisingly, don’t like dark pools and think all trading should take place on exchanges. Is a house a better investment than the stock market? When your starting point is ‘short housing’ i.e. you … Read more
Leave a CommentToday’s most shared: The decline of the American middle and lower classes. Recent history looks increasingly like ‘trickle-up’ economics. Bank reform proves hard as Basel rules spare many derivatives which could result in contagion; Euro banking union remains unwieldy and … Read more
Leave a CommentToday’s most shared: Risk of rising rates to hit euro periphery, Wall Street trading desks. Hedge funds and VC don’t shine on a risk-adjusted basis. Everything you need to know about economics. Investing is a craft, like making sushi. The … Read more
Leave a CommentToday’s most shared: Momentum swings both ways: Hedge funds clobbered by fall in tech stocks, respond by driving them lower. No one still believes financial markets are self-stabilizing. Obama administration warns Wall Street bigs of escalating financial warfare on Russia. … Read more
Leave a CommentToday’s most shared: Are some types of trading negative-sum activities? Can too much liquidity be harmful? Are central bankers out of ammo? If you lose your job in a deep recession, you may be unemployed a long time. New York … Read more
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