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Links for 04-30-16

Rescue Helicopters for Stranded Economies - J. Bradford DeLong Everyone Wants to Get Tough on Antitrust Policy, but Not Really - NYTimes Yuliy Sannikov and Continuous Time Dynamic Contracting - A Fine Theorem Campaign Financing Capture: Record...



Stocks fall, gold gains (1631513)

Stocks fell on Friday. The S&P 500 fell 0.5 percent but still finished the month up 0.3 percent. The Stoxx Europe 600 fell 2.1 percent but was up 1.2 percent for the month. Safe havens did better on Friday. Gold rose 1.9 percent while the yield on...



Black travelers share their experiences with Airbnb — and highlight discrimination

Airbnb prides itself on offering more than accommodation. The short-term rental platform refers to the hosts and guests that rent out and stay in homes around the world as a "community." But a community is rarely without problems. On Friday,...



Buffett reacts to Icahn's warning

The prognostication from Carl Icahn about a market "reckoning" should not be taken as gospel, Warren Buffett tells...



The EU Grew at a 2.4 Percent Annual Rate in the First Quarter

My guess is that many people reading this NYT article on Europe's GDP growth will think that its 0.6 percent rate was only slighly better than the anemic 0.5 percent rate the U.S. had just reported for the first quarter. Actually, it is a lot...



The Case for a Clinton-Warren Ticket

Eugene Robinson: “As Clinton’s running mate, Warren could erase this potential weakness with the Democratic base. She has spent her Senate career becoming known as the scourge of Wall Street. No political figure is more closely identified...



10 things you need to know before the opening bell (spy, spx, qqq, dia, fb, db, vrx)

Here is what you need to know. The Bank of Japan shocked the market. In a surprise 8-to-1 vote, the BOJ held its asset purchase program at an annual rate of around 80 trillion yen. Most economists had expected the central bank to increase the size of its...



Links for 04-29-16

Anti-Globalization or Xenophobia? - Caroline Freund Impurity in the Pursuit of Salvation Is No Vice - Paul Krugman Obama's Economic Disappointment - Bloomberg View Kocherlakota on the want of U.S. government debt - MacroMania Why Digital...



Stocks fall as US growth slows, BoJ holds monetary policy (1631116)

Stocks slumped on Thursday. The S&P 500 fell 0.9 percent after the US Commerce Department reported that the economy grew at an annualised 0.5 percent rate in the first quarter, the slowest rate in two years, while the Nikkei 225 plunged 3.6 percent...



Carl Icahn says he sold entire Apple stake on China woes: CNBC

NEW YORK (Reuters) - Billionaire activist investor Carl Icahn said Thursday he had sold his entire stake in Apple Inc , citing the risk of China's influence on the stock. ...



Reason #4 For Weak Productivity Growth: Labor Is Cheap

Neil Irwin noted the incredibly weak productivity growth of the last six years and then considered three possible explanations. Unfortunately he left out what may be the plausible one: labor is cheap. The high unemployment of the last seven years has...



Another Weak Quarter For US GDP



The Smaller the Better in 2016

A common theme you’ve probably heard recently is that breadth has been strong during the rally off the market’s 2016 lows on 2/11.  Small and mid-cap stocks have contributed just as much as large-cap names, which is a healthy...



BOEHNER: BIDEN COULD STILL ENTER PRESIDENTIAL RACE...

BOEHNER: BIDEN COULD STILL ENTER PRESIDENTIAL RACE...(Third column, 1st story, link)Related stories:Cruz is 'Lucifer in the flesh'... ...



Calling All (Potential) Peak Performers!

In our recent Freakonomics Radio episode “How to Become Great at Just About Anything,” we spoke with K. Anders Ericsson, a research psychologist who has spent more than 30 years studying expert performers in many fields — music,...



The U.S. Economy Officially Joins The Global Economic Slowdown – 1st Quarter GDP Comes In At 0.5%

Even the government is admitting that the U.S. economy is slowing down.  On Thursday, we learned that U.S. GDP grew at just a 0.5 percent annual rate during the first quarter of 2016.  This was lower than analysts were anticipating, and it...



Andrew Ross Sorkin's Confused Assessment of President Obama's Political Legacy

Andrew Ross Sorkin presented a confused account of the state of the economic and economic policy under President Obama. The account repeats many self-serving comments from Obama without comment and offers little useful context to readers. The confusion...



Valeant is making huge changes to its board

Drugmaker Valeant Pharmaceuticals is expected to name four new directors as soon as Friday, The Wall Street Journal reported. Five of its long-standing directors have agreed to step down to make room for the new nominees, the Journal reported, citing...



1 Minute of All-Out Exercise = 45 Mins of Moderate Exertion...

1 Minute of All-Out Exercise = 45 Mins of Moderate Exertion...(Third column, 12th story, link) ...



FBI won't tell Apple how it got into the San Bernardino shooter's iPhone

The FBI on Wednesday opted not to share its method for hacking into the iPhone used by one of the San Bernardino shooters with Apple. After a legal battle that dragged on for more than six weeks, the FBI was able to bypass the encryption on the iPhone...



Employee's Body Found at APPLE HQ...

Employee's Body Found at APPLE HQ...(Third column, 5th story, link)Related stories:'Suicide'... ...



Redacted Version Of The April 2016 FOMC Statement

Redacted Version Of The April 2016 FOMC Statement by David Merkel, The Aleph Blog March 2016 April 2016 Comments Information received since the Federal Open Market Committee (FOMC) met in January suggests that economic activity has been expanding at...



FOMC Statement: No Change to Policy, Less Global Concern

Not much change. Less mention of "global" risks.FOMC Statement: Information received since the Federal Open Market Committee met in March indicates that labor market conditions have improved further even as growth in economic activity appears...



4 Video Game Betas You Can Play or Sign Up for Now

Want to play some of the biggest video games weeks or even months before they come out? Not everyone is aware, but you can download and play limited versions of huge games, completely for free. That’s because game developers often run beta tests to...



Unfortunate man bitten on penis by venomous spider

What this port-a-john lacked in toilet paper, it made up for in venomous spiders. A 21-year-old Australian man was hospitalized Wednesday after a redback spider attacked his penis while he was using a portable toilet. While paramedics were called to the...



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Why One Analyst Believes Gold Could Hit $3,000 an Ounce

After finishing its best quarter in 30 years, gold extended its gains, rising more than 17.2 percent year-to-date to become the best performing asset class among other commodities, U.S. Treasury bonds and major world currencies and equity indices. We...



Android security report shows why you should stick to Google Play

Many security-conscious types will tell you to only grab apps from Google Play if you want to avoid malware, and Google just provided a good reason why. The internet giant has released its second-ever annual Android security report, and it's...



International Business Machines Corp. (IBM) Earnings Preview

IBM is scheduled to release its next earnings report tonight after closing bell, and consensus suggests earnings of $2.09 per share and revenue of $18.3 billion. In last year’s March quarter, the tech giant posted earnings of $2.91 per share...



Stocks fall, gold gains (1631513)

Stocks fell on Friday. The S&P 500 fell 0.5 percent but still finished the month up 0.3 percent. The Stoxx Europe 600 fell 2.1 percent but was up 1.2 percent for the month. Safe havens did better on Friday. Gold rose 1.9 percent while the yield on...



Links for 04-30-16

Rescue Helicopters for Stranded Economies - J. Bradford DeLong Everyone Wants to Get Tough on Antitrust Policy, but Not Really - NYTimes Yuliy Sannikov and Continuous Time Dynamic Contracting - A Fine Theorem Campaign Financing Capture: Record...



Links for 04-18-16

A financial hockey stick - Econbrowser Origins of feudalism in the West - Understanding Society Personal memories of the 1975 ‘Brexit’ campaign - Gavyn Davies The New Beyond - Economic Principals Unlikely Alliances - James...



Trader Plans Wily Strategy To Make Millions Off Facebook Inc

One big trader has come up with an interesting way of playing Facebook in the run up to the social network’s earnings announcement. The trader has sold 17,000 Facebook 100-strike puts expiring on April 29 for $1 each, to use round numbers. The...



Facebook's scary new world for media companies is about one fundamental change (FB)

Facebook has created a scary new world for media companies. In the last few years, much digital ink has been spilled over what happens to content in a future where Facebook (and potentially Snapchat and other messaging apps) entirely control distribution...



Apple at 40: Remembering when Steve Jobs went electric

“Every once in a while, a revolutionary product comes along that changes everything.”Like Bob Dylan strumming the first few notes of “Maggie’s Farm” on the Stratocaster at the Newport Folk Festival in 1965, when Steve...

Watch the Video > Post includes YouTube video


Time Out for Some Hippie Punching

The higher wisdom, as we all know, is that the Left and Right are equally enemies of Truth, which resides somewhere in the enlightened Center.  Since we might forget this amid the climate denialism of Republicans, the absurd economic claims of...



8 Popular Shows That Won’t Return to TV in 2017

While this television season has brought audiences several anticipated new series, it’s also signified the end of the road for some long-running favorites. By this point, many networks have already revealed which titles on their respective...



Impeachment Won't Save Brazil

Government spending, eating up 41% of GDP, is smothering the economy of the still-emerging...



Why Wind and Solar Are Not Currently the Answer on Emissions Reductions

I have made this point forever, but it always bears repeating -- the variability of wind and solar require hot fossil fuel backups that leads to little reduction in total fossil fuel generation capacity (so that wind and solar investments are entirely...



Corporate Concentration – Corporate Players By Sector [Chart]

Corporate Concentration – Corporate Players By Sector by Barry Ritholtz Fascinating visualization of just how concentrated leading corporate players are by sector: Source: The Economist The post Corporate Concentration – Corporate...



LinkedIn Recruiter Update Rolls Out

LinkedIn took care of upcoming college graduates earlier this week, so it turned its attention to recruiters. The professional network launched its revamped LinkedIn Recruiter application—originally announced at its Talent...



Google Books just won a decade-long copyright fight

The Supreme Court will not take up an Authors guild challenge to copyright...



How (and Why) You Should Buy a Refurbished iPhone

John Gress/Getty Images Shopping for a new iPhone can be a complicated endeavor. Not only do you have to figure out whether you want to invest in the latest model, or pay a little less for a model that’s a year old, but you also have to...



This 25-Minute Morning Routine Will Change Your Day

A happy man | Source: Thinkstock Most of us go to bed with every intention of waking up with enough time to properly start our day, but after a late night Game of Thrones binge our good friend the snooze button becomes more and more appealing. As a...



The Candidates and Wall Street

I had a chat last week with NPR about the candidates and Wall Street. What Does Wall Street Want In A Presidential Candidate? Source: NPR     The post The Candidates and Wall Street appeared first on The Big...



What Is the Actual "Gender Pay" Gap?