Ritholtz's Reads: Markets Divorced From Reality
My morning pre-flight plane reads:
Markets’ Panic Incongruent With Economic Reality—For Now: Stock selloff could presage recession (unlikely), trigger a recession (unlikely) or indicate a lack of faith in policy makers (plausible) (WSJ) see also How to Make Sense of Plummeting Global Markets (NYT)
Seven Reasons Active Management Underperformed in 2015 (CFA Institute)
Three Things That Matter During a Market Sell-Off (A Wealth of Common Sense)
Do Payrolls Have A Measurement Problem Leading To Strong Numbers? (TBP)
Just How Much Does Koch Industries Pollute? (Bloomberg)
How an obscure adviser to Pat Buchanan predicted the wild Trump campaign in 1996 (The Week)
2015 Was the Hottest Year on Record, by a Stunning Margin (Bloomberg)
What are you reading?
Source: Calculated Risk
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