What I'm reading this morning:
Stuff I’m Reading this Morning…
Jared Bernstein decodes yesterday’s Fed dot plot nonsense. (OnTheEconomy)
A giant drop in bullish sentiment in the last week. (Bespoke)
Bold call from JC, who loves Nokia here on this long-term downtrend break. (AllStarCharts)
Companies basically bought their earnings growth this quarter, with a monstrous $30 billion jump in buybacks. (Indexology)
If you’re frustrated with your trading, that’s okay – you’re supposed to be. (IrrelevantInvestor)
Larry Swedroe’s 2-part series on the problems with index funds: Part I (ETF) and Part II (ETF)
Why Washington DC is a hellish swamp and “like Hollywood for ugly people.” – editor’s note: I disagree, loved my time living there. (VICE)
Congress is a f***ing joke of an institution in the eyes of America at this point. (Gallup)
If “Yo” is the world’s dumbest app ever, why are all obsessed with it? (TechCrunch) and (Vox)
“Deeb Salem, a former Goldman Sachs Group Inc. (GS) trader who said he helped the bank earn more than $7 billion, wants to be paid the almost $5 million difference between his 2010 bonus and what he told his mother to expect.” LOL (Bloomberg)
The new book – Clash of the Financial Pundits – now available for pre-order!
