What I'm reading this morning:
Stuff I’m Reading this Morning…
I got your Great Rotation right here, doubters: Largest weekly equity fund inflow in more than five years, $20 billion versus $1 billion out of bond funds. (BusinessInsider)
Cullen: The Fear Trade Has Been Demolished (PragCap)
Barry: the landscape is littered with failed political and economic narratives and this is why so much angst still exists. (TBP)
The earnings beat rate this season is over 70%, but expectations are virtually nil so don’t get too excited. (MoneyBeat)
Justin Fox: Here’s why US businesses should be rethink fighting the minimum wage hike. (HBS)
Google’s quarter last night wasn’t so bad after all…here’s why: (BusinessInsider)
Don’t get so excited about Apple TV just yet. (BusinessWeek)
The time Bernanke got it wrong. (NYT)
A postcard from Henry Blodget’s vacation. (BusinessInsider)
ValueWalk recommends you read the Howard Marks book (I can’t believe you haven’t already!). (ValueWalk)
Krugman: The signs are now unmistakeable, China is in big trouble. (NYT)
The 100 best finance blogs. (InsiderMonkey)
Is Brazil too cheap? Last night I made the long-term case for the world’s most hated stock market. (TRB)
Don’t miss The Takeaway, my daily linkfest for financial advisors (InvestmentNews)
REMINDER: Backstage Wall Street is now on Kindle!
