What I'm reading this morning:
Stuff I’m Reading this Morning…
Binyamin Appelbaum, who covers the Fed for the New York Times, says no December taper. (NYT)
Even if you’re a bull you might want to chill out at these market levels. (DynamicHedge)
Au Contraire! says Professor Siegel – the market is still 10-15% undervalued. LOL, people are going to flip out on him today. (AdvisorPerspectives)
Morgan Housel has written the definitive post about bubbles – stay humble when calling them or dismissing them. (MotleyFool)
Tom Brakke’s latest Prudent Fiduciary note is must-read for money management pros. (ResearchPuzzle)
Where the f*** are all the stock splits? (WSJ)
Banks are trying to spike the Volcker Rule at the last minute. (DealBook)
If hedge funds want to push some stocks up into year-end, these are the names they might use: (iBankCoin)
Bank of America is using technology, not branches, to maintain its nation-leading deposit base of $1.2 trillion. (MotleyFool)
Large institutions are increasingly taking their trades “upstairs” and away from the algos. (WSJ)
10 Ultra Luxury Properties in Foreclosure (ZeroHedge)
Trend Alert: Are beards becoming acceptable on Wall Street? (NYT)
My book, Backstage Wall Street, available at Amazon
