Ritholtz's Reads: Expensive Is the New Cheap
My Two-for-Tuesday, post-holiday weekend morning train reads:
- For S&P 500, Expensive Is the New Cheap (Bloomberg) but see Don’t Count on Happy Returns for U.S. Stocks (MoneyBeat)
- Productivity: It’s a drag. Restoring productivity levels is crucial to boosting living standards and filling tax coffers (FT)
- Yanis Varoufakis: Austerity Is the Only Deal-Breaker (Project Syndicate) see also What Would Happen If Greece Doesn’t Pay the IMF: Q&A (Bloomberg)
- Here’s where the jobs in renewable energy are (Vox)
- Hedge Funds: The Awkward Victors (Market Mogul) see also Hedge funds’ conspiracy of mediocrity keeps fees high, returns low (Fortune)
- If I Knew Then: Advice on careers, finance, and life from Harvard Business School’s Class of 1963 (HBS 1963)
- BEA Works to Mitigate Potential Sources of Residual Seasonality in GDP (BEA) see also First-Quarter Growth May Look Better After Upcoming Statistical Tweaks (Real Time Economics)
- Urban world: Cities and the rise of the consuming class (McKinsey)
- What Liberals Still Don’t Understand About Fox News (Politico) see also Bartlett: Are Polls Always 'Skewed' Against Republicans? (TBP)
- Why Honest People Do Dishonest Things: A failure to anticipate an ethical decision makes men and women more likely to lie or cheat. (Scientific American)
What are you reading?
Economists’ predictions for first Fed rate increase shift toward September
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