Ritholtz's Reads: The Balance Sheet That Ate Switzerland

Barry Ritholtz is a Bloomberg View columnist. He founded Ritholtz Wealth Management and was chief executive and director of equity research at FusionIQ, a quantitative research firm. He blogs at the Big Picture and is the author of “Bailout Nation: How Greed and Easy Money Corrupted Wall Street and Shook the World Economy.”
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Good Thursday morning. Be mindful and enjoy what little you have left of the work week, and be happy you are not hobnobbing with the oh-so-very annoying folks at Davos. And train reads:

  • S&P Got a Little Casual With its Mortgage Ratings (BV)
  • James Grant: The balance sheet that ate Switzerland (LinkedIn)
  • She’s No Greenspan: Yellen Signals She Won’t Babysit Markets in Turmoil (Bloombergsee also Unfazed by market swings, Fed sticks to mid-2015 hike scenario (Reuters)
  • I like… fat… tails and I cannot lie, You vol sellers can’t deny…”  (Climateer Investing)
  • No, Low-income households didn’t cause the financial crisis (CBS News)
  • Very Rich Get Very Richer: Wealthiest 20% Hold 94.5% of World’s Money (Real Time Economicssee also The Pitchforks Are Coming… For Us Plutocrats (Politico)
  • How Did The Muslim ‘No-Go Zones’ Myth Get Started Anyway? (Talking Points Memo)
  • 15 Tweets That Will Make You Hate Davos (NY Mag)
  • Raise the Millionaires tax: Return to tried and true policies that encouraged and grew our once-robust middle class. (USA Today)
  • Crunch time for pet theory on dark matter: Thought to make up the Universe’s missing matter, WIMPs are running out of places to hide. (Nature)

What are you reading?  

ECB’s QE Proposal Calls for €1.1 Trillion in Bond Buys Per Month

WSJ

This column does not necessarily reflect the opinion of Bloomberg View's editorial board or Bloomberg LP, its owners and investors.

To contact the author on this story:
Barry L Ritholtz at britholtz3@bloomberg.net

To contact the editor on this story:
Cameron Abadi at cabadi2@bloomberg.net