My morning-train reading:

• Financial Television & The Culture of Charade (Above the Market)
• Wall Street’s New Housing Bonanza (DealBook)
• World risks deflationary shock as BRICS puncture credit bubbles (Telegraph), see also As China’s Economy Slows, the Pain Hits Home (NY Times)

continues here

Category: Markets


7 Responses to “10 Thursday AM Reads”

  1. RW says:

    When corporations are healthy but the economy is not then junk can outperform equities …at least for awhile.

    HY bond market weathering the storm


  2. rd says:

    There are trees growing north of the Arctic Circle where the climate is warm enough to sustain them. Trees have a hard time rooting themselves in permafrost. There have also been previous discoveries of very large fossilized leaves in the Arctic, incidcating that they grew in a warm climate above the Arctic Circle where there is abundant sunshine in the summer and none in the winter.

    If the world is warm enough to melt the ice caps and eliminate near surface permafrost, we would have the potential for trees everywhere on the planet. Who knows, maybe the next big farmer migration will be to Antarctica (the North Pole is sea water, so it would need to be hydroponic only)..

  3. rd says:

    This is a neat map that may be the best single indictor of where the wealthy live and travel in the US:

  4. hue says:

    The Food May Be Fast, but These Customers Won’t Be Rushed (NYTimes) “I don’t eat fast food. I just come here to hang out and deal with my mail.”

    Happy New Year: A Beautiful Map of the World’s Largest Annual Human Migration (Slate)
    Why Twitter Is So Big in Saudi Arabia (the beeb)

    The New York Times’ Most Popular Story of 2013 Was Not an Article (The Atlantic)

  5. hue says:

    sorry wish there was an edit function, missing quote mark, like a scene in Swingers

    (the beeb)