The Swiss intervene, will buy unlimited amounts of currency to keep the franc below 1.20. (StockSage) and (FelixSalmon)
Bankers are expected to extract $5 trillion from our economy over the next decade at the rate they’re going now. (Global Public Square)
Must-read from Barry: The Investor’s Dilemma. (TBP)
Investors are dumber than drooling dogs. Shots fired! (Psy-FiBlog)
Michael Kahn: Welcome to the new cyclical bear market. (MarketWatch)
John Hempton: Sometimes the Mad Man in right and the consensus is very, very wrong. (Bronte Capital)
Jon Huntsman’s op-ed on jobs and the economy. (WSJ)
Robert Reich: By eliminating the middle class, the wealthy may have destroyed themselves. (NYT)
“In the week ended Aug. 30, speculators raised their net- long positions in 11 commodities by 18 percent to 915,341 futures and options contracts.” (Bloomberg)
10 Things Everyone Should Know About Time. (Discover)
Saying goodbye to FT Alphaville’s Tracy Alloway. (FTAlphaville)
Don’t miss my daily linkfest for financial advisers. (WSJFA)
I’m a New York City-based financial advisor at Ritholtz Wealth Management LLC. I help people invest and manage portfolios for them. For disclosure information please see here.
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