
What I'm reading this morning:
More Hot Links for Weekend Reading…
JPMorgan‘s head of algorithmic trading calls high frequency program trading a form of parasitic market making…omg. (ZeroHedge)
Everything you ever wanted to know about Sheila Bair but forgot you cared enough to ask. (The New Yorker)
David Merkel on his current asset allocation strategy and some thoughts on where he finds value in the bond market. (Aleph Blog)
Twofer from Felix Salmon:
How bad is real estate? People apparently aren’t even renting these days! (Reuters)
Which journalists should start blogging and how should they go about it? (Reuters)