
Stuff I’m Reading this Morning…
Emerging markets drama dragging the world’s equity markets down. (Bloomberg)
Is this the Return of Risk On/Risk Off? God I hated that. (RiskReversal)
About those Chinese GDP numbers that spooked the markets. (ChinaRealTime)
Actually, the start to this year is pretty textbook judging by history. (Bespoke)
I’m trying to picture what would have happened to PIMCO’s stock price this week were it a standalone, public company. (Reuters)
The problem with big cap tech stocks is that all the new business models are meant to dislodge them. (Recode)
How insane is the US stock / EM stock divide? “Google alone has a higher market value than the entire MSCI Brazil index, Wells Fargo Co. (WFC) is now “bigger” than India.” (YahooFinance)
No, social mobility has not fallen in the United States in the last few generations – but we still trail lots of countries in Europe. (NewYorker)
Bob Shiller: Not such a big fan of the Bitcoin. (BusinessInsider)
Uplifting: How the United States is reinventing itself yet again (WashingtonPost)
ICYMI: The worst day of 2014 so far. (TRB)
Facebook data scientist absolutely murders Princeton’s “study” about its usage trends. (Facebook)
Fuck you, Glenn Beck. (DailyBeast)
My book, Backstage Wall Street, available at Amazon
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