A Note To My Readers
andrewsullivan.com – 3 hours ago
One of the things I’ve always tried to do at the Dish is to be up-front with readers. This sometimes means grotesque over-sharing; sometimes it means I write imprudent arguments I have to withdraw;...
@nancefinance: The Dish signs off. @sullydish is moving on from the blogosphere. [link] via @DishFeed
@rcwhalen: RT @MattGoldstein26: A Note To My Readers: [link] via @DishFeed
@tylercowen: RT @mattyglesias: Whoa. A deeply sad day for fans of the classic blogosphere. [link]
@johnpmcdermott: "I am saturated in digital life and I want to return to the actual world again." [link]
@markgongloff: End of an era: Andrew Sullivan quits blogging [link]
@mathewi: RT @jkottke: Cheers to Andrew Sullivan for kicking a nasty addiction [link]
@AntDeRosa: . @sullydish says he’s going to stop blogging indefinitely [link]
@tcarmody: “Sullivan quits blogging”… where is it, I bet it’s here somewhere… “I want to write a book”—Aha, he’s got a book deal [link]
@johngapper: RT @TheFix: . @sullydish is retiring from blogging. Wow. [link]
@ryanchittum: RT @brianstelter: Andrew Sullivan: "I am saturated in digital life and I want to return to the actual world again." [link]
@robenfarzad: RT @brianstelter: Andrew Sullivan: "I am saturated in digital life and I want to return to the actual world again." [link]
@davidmwessel: Why Andrew Sullivan is quitting his blog: [link] via @DishFeed
@StKonrath: ’A note to my readers’ - @sullydish: How do I say goodbye? [link]
@MattGoldstein26: A Note To My Readers: [link] via @DishFeed
@BuzzFeedBen: Sad to see maybe the last of the great blogs — & also one of the first — go, but there’s a time to every purpose etc [link]
@Richard_Florida: Wishing @sullydish they very, very best in his next act. [link]
@crampell: After 15 years, Andrew Sullivan has decided to stop blogging. [link]
@ezraklein: Wow. Andrew Sullivan is leaving blogging: [link]
@michaelsderby: Uber-blogger Andrew Sullivan is packing it in. [link]
@davewiner: Andrew Sullivan is quitting his blog. [link]
@kairyssdal: RT @brianstelter: Andrew Sullivan: "I am saturated in digital life and I want to return to the actual world again." [link]
@ObsoleteDogma: Wow, Andrew Sullivan is retiring from blogging [link]
@newsycombinator: A Note to My Readers [link]
Federal Reserve issues FOMC statement--January 28, 2015
Federal Reserve – 3 hours ago
The Federal Reserve Board of Governors in Washington DC.
@EconBrothers: Federal Reserve issues FOMC statement [link] #Fed
@BCAppelbaum: This is the Fed’s most upbeat econ assessment since Great Recession. "Solid" economic growth; "strong" job growth. [link]
@GTCost: RT @LorcanRK: Fed Statement [link]
reddit/Economics: Shocker of the Day: Fed to remain "patient" on raising rates.
@StockTwits: RT @BobBrinker: $FED FOMC monetary policy statement Jan 28 2015 --> [link]
@ObsoleteDogma: FOMCzzz [link]
@MarkThoma: Press Release--FOMC statement - FRB [link]
@LorcanRK: Fed Statement [link]
Calculated Risk: FOMC Statement: "Economic activity has been expanding at a solid pace", "Patient" on Policy
Business Insider: The Two Words That Made The Fed’s Statement Dovish
@davidmwessel: The FOMC remains patient [link]
@BobBrinker: $FED FOMC monetary policy statement Jan 28 2015 --> [link]
Bloomberg – 19 hours ago
Bloomberg Business delivers business and markets news, data, analysis, and video to the world, featuring stories from Businessweek and Bloomberg News.
@maoxian: MT @TheStalwartThe new [link] is alive [link] | Scrolls on and on, hate it all but I’m a fuddy duddy.
@edwardnh: [link] now forwards to [link] which has been re-labelled Bloomberg Business. Cleaner interface
@FGoria: AKA @TheStalwart’s touch RT @chiaraalbanese Saturday night in a Soho club. Welcome to the new @business homepage >>> [link]
@AntDeRosa: Is information density an issue for anyone with the new [link]?
@mark_dow: Welcome, Bloomberg Insider[link]
@johngapper: I love the radical Bloomberg Business decision to defy Bloomberg and go black on white [link]
@ThemisSal: RT @SamMamudi: I love the new @business site; check out [link] this morning. (An alternative homepage suggestion: http://t.…
@SimoneFoxman: nice! [link] @business
@NKingofDC: BloombergBusiness vies for clickbait. [link] [link]
@raju: Say hello to the all-new [link] [link] via @capitalnewyork
@ReformedBroker: New Bloomberg Business homepage is straight fire [link]
@mims: Open secret: Infinite scroll boosts page views and time on site. It’s why @business just copied that feature of @qz [link]
@robenfarzad: RT @rafat: BusinessWeek is dead, or just the site, but might as well in print too. Everything is now [link]. Jarring blue, …
@IvanTheK: BI, The Sequel. RT @mark_dow: Welcome, Bloomberg Insider[link]
@EpicureanDeal: My design sensibility and preferences for reading material must be the exact opposite of [link]. #wrongsideofhistoryagain
@jbarro: I’m impressed with the new [link]
@finansakrobat: I never ever visit a site to get updated, so the update of [link] seems like a mute discussion.
@cate_long: RT @MatthewKeysLive: Oh hey, Bloomberg @Business finally launched - [link]
@ClaraJeffery: Electric blue is the new highlight yellow: [link]
@moorehn: The new Bloomberg @business redesign looks pretty snazzy. [link]
Yahoo Would Rather Not Pay Taxes on Its Alibaba Shares
Bloomberg View – 20 hours ago
Let’s explore the mystical world of tax-free spin-offs together, shall we?
@kevinroose: Honestly how did we understand anything before @matt_levine. [link]
@cafreeland: RT @TimOBrien: Yahoo would rather not pay taxes on its Alibaba shares [link] @matt_levine $yhoo [link]
@BCAppelbaum: Perhaps you don’t think it’s possible to enjoy a column about Yahoo’s spinoff of its Alibaba shares. Try this one. [link]
@SimoneFoxman: .@matt_levine explains Yahoo’s plan for Alibaba and how it will try to sweet-talk the IRS [link] via @BV
@interfluidity: Imagine a world where a firm wld have to mean its incantations, so this could not be perfectly legal. cf @matt_levine [link]
@ObsoleteDogma: A few mystical incantations later, Yahoo! just got $16 billion in value from the government [link]
@peter_tl: "This is a company called "Yahoo!, probably it can come up with a silly name for SpinCo. Spinnr or something." [link]
@IvanTheK: "For a while, everyone assumed that Yahoo was letting uncoordinated children juggle the box blindfolded." [link]
Abnormal Returns: Wednesday links: picking baskets
@Techmeme: Yahoo’s spinoff of Alibaba holdings is tax-free, remains so if Alibaba eventually buys spinoff [link] [link]
@DavidSchawel: Yahoo Would Rather Not Pay Taxes on Its Alibaba Shares [link] Nobody better at explaining this stuff than @matt_levine
@MikeIsaac: my favorite part about reading matt levine is his footnotes[link]
Germans in shock as new Greek leader starts with a bang
Reuters – 4 hours ago
In his first act as prime minister on Monday, Alexis Tsipras visited the war memorial in Kaisariani where 200 Greek resistance fighters were slaughtered by the Nazis in 1944. The move did not go
@YanniKouts: Germans in shock as new Greek leader starts with a bang [link] /via @Reuters /ht @deepababington @noahbarkin #Greece
@economistmeg: Alexis Tsipras going in with guns blazing [link]
@BrunoBrussels: RT @economistmeg: Alexis Tsipras going in with guns blazing [link]
@EfiEfthimiou: RT @noahbarkin: #Germans in shock as new Greek leader starts with a bang [link]
Subprime Bonds Are Back With Different Name Seven Years After U.S. Crisis
Bloomberg – 17 hours ago
@M_C_Klein: "prefer the term ’nonprime’" [link] by @JodyShenn <-- a rose by any other name... for perspective, volumes still tiny
reddit/Economics: Subprime Bonds Are Back With Different Name Seven Years After U.S. Crisis
@ObsoleteDogma: “Nonprime mortgages.” I wonder what those could be… [link]
@edwardnh: Subprime Bonds Are Back With Different Name Seven Years After U.S. Crisis [link]
@nasiripour: RT @JodyShenn: Subprime Bonds Are Back With Different Name Seven Years After U.S. Crisis [link] via @business
@eisingerj: Subprime securitizations are back. I can make an uneasy peace as long as subprime CDOs don’t come back too: [link]
@Jeffrey_Cane: Funds "prefer the term ’nonprime’ for lending that flirts with practices that used to be employed for .... subprime" [link]
@Kiffmeister: RT @JodyShenn: Subprime Bonds Are Back With Different Name Seven Years After U.S. Crisis [link] via @business
Thinking About the New Greek Crisis
New York Times – 6 hours ago
Notes on the precipice.
@ObsoleteDogma: Very good, very clear breakdown of the new Greek crisis, slightly different from the old Greek crisis [link]
@MarkThoma: Thinking About the New Greek Crisis - Paul Krugman [link]
@Noahpinion: Finally, an analysis of Greece/Germany that ignores morality and just talks about incentives. Thank you, Krugman! [link]
Marginal Revolution: Assorted links
@TheStalwart: Krugman’s comments about the Greek market panic are worthwhile. [link]
Bank of England governor attacks eurozone austerity
The Guardian – 3 hours ago
Mark Carney says eurozone is caught in a debt trap and should ease hardline budget cuts just days after the Syriza election directly challenged policy
@DanielAlpert: BOE Governor Carney sides with #Tsipras and @yanisvaroufakis [link] - Well, not by name, but in spirit. Austerity failed.
@GTCost: RT @DrGerardLyons: Bank of England governor attacks eurozone austerity [link]
reddit/Economics: Mark Carney, Bank of England governor attacks eurozone austerity
Boom: Inside a British Bank-Bombing Spree
Bloomberg – 17 hours ago
No American ATM has ever been robbed with explosive gas. The same was true in Britain — until 2013. Now there have been more than 90. Inside the birth of a bomb spree.
@kevinroose: Some seriously snazzy design on this @nicksummers story about ATM bombers (which should be called Doughfall). [link]
@spignal: This @business story includes a cut-out-&-keep guide on how to rob a bank (explosives needed) [link] [link]
@mccarthyryanj: RT @maxabelson: The new @nicksummers ATM heist thriller -- [link] -- is such a gas. @Business is the bomb
@BCAppelbaum: Free business idea? [link]
@johngapper: This an excellent story about gangs bombing ATMs in the UK [link]
@KidDynamiteBlog: but why would they want this worthless paper fiat??? [link] #TeamZerohedge #murika #obamacare #HFT
@JacobWolinsky: BTW new @business redesign is very well done this article is awesome mix of graphics and text [link]
@Jeffrey_Cane: There are 2 great bank robbery stories today. This [link] by @mcorkery5 and this [link] by @nicksummers
Looks like we got ourselves a ballgame
The Reformed Broker – 20 hours ago
@derekhernquist: Easily "@michaelbatnick: This is why @ReformedBroker is the best financial writer in all the land [link]” $SPX
@Jesse_Livermore: Completely agree here, 2013 Honeymoon officially ended in October, this mkt has diff tone, tho still brings oppty: [link]
@Noahpinion: If the return of volatility causes an increase in market-timing, that’s bad, right? [link]
@RPSeawright: Looks like we got ourselves a ballgame. Typically excellent analysis from @ReformedBroker. [link]
Abnormal Returns: Wednesday links: picking baskets
@chicagosean: "@reformedbroker: LOOKS LIKE WE GOT OURSELVES A BALLGAME [link] $SPY $UUP $GLD $TLT"
Gains From Economic Recovery Still Limited to Top 1 Percent
New York Times – 22 hours ago
In 2013, the concentration of income among the richest Americans remained at levels last seen nearly a century ago.
@JimPethokoukis: Rising tide is not lifting all boats | Gains From Economic Recovery Still Limited to Top One Percent [link] via @UpshotNYT
@ProPublica: The concentration of income is where it was in U.S. nearly a century ago, reports @UpshotNYT [link] [link]
@Claudia_Sahm: mix of long-term trends & cyclical gains & income sources here, makes my head hurt ... [link] #counterfactuals worth a read
@vshih2: RT @UpshotNYT: "So far all of the gains of the recovery have gone to the top 1 percent" @JustinWolfers [link] [link]…
@carlquintanilla: RT @davidmwessel: Via @JustinWolfers: So far all of the gains of the recovery have gone to the top 1%. [link] http://t.co/…
@davidmwessel: Via @JustinWolfers: So far all of the gains of the recovery have gone to the top 1%. [link] [link]
Uber, a Rising Business Model
New York Times – 3 hours ago
New technologies have the potential to divide a variety of traditional jobs into tasks that can be assigned to people just when they’re needed.
@kevinroose: RT @fmanjoo: The future of labor is on-demand. Your job will be Uberized. You may hate it. Me @nytimes. [link] http://t.co/…
@mims: RT @fmanjoo: The future of labor is on-demand. Your job will be Uberized. You may hate it. Me @nytimes. [link] http://t.co/…
@robenfarzad: Uberization of the workforce? [link] @fmanjoo cc: @rondel305
Why Don’t Asset Management Companies Hedge Their Biggest Risk?
mebfaber.com – 2 hours ago
Meredith Whitney: Expect Volatiltity ‘Vortexes’
Barron's – 49 minutes ago
Meredith Whitney joined the ranks of market watchers calling for higher market volatility. Whitney, a former sell-side analyst covering financials and best known for her prescient forecast that Citigroup was under-capitalized and would be f...
Whitewashing the Crazy, Fed Edition
New York Times – 2 hours ago
What the anti-Fed people have really been saying.
Bloomberg Redesigns Website As It Tries To Kill The Journal
Business Insider – 1 hour ago
Kevin Krim, head of Bloomberg.com, tells us why the company is ditching its black and amber look.
Russia considers creation of ‘bad bank’ to aid financial sector
Financial Times – 9 hours ago
Russia will consider creating a “bad bank” for troubled assets as part of a package of measures worth at least Rbs2.3tn ($35bn) to combat the country’s looming economic crisis. The announcement was part of a package of 60 measures unveiled ...
@ObsoleteDogma: Russia’s bank bailout is now up to $35 billion. And just wait until you see how big it is in a few more weeks… [link]
@GTCost: RT @GusFarrow: Russia considers creation of “bad bank” [link] $EURUSD #Europe FT
@davidgaffen: All those years later, "The Entity" returneth: Russia considers creation of ‘bad bank’- [link] [link] @FT
Greek market jitters evident as investors dump shares and bonds
macropolis.gr – 3 hours ago
The Greek stock market remained deep in the red for the third straight session on Wednesday, tumbling by 9.24 percent.
@tylercowen: RT @NickMalkoutzis: Market value of Greek state’s bank holdings down to €6.5bln from 25bln investment in 2013 [link] via @M…
@economistmeg: RT @NickMalkoutzis: Market value of Greek state’s bank holdings down to €6.5bln from 25bln investment in 2013 [link] via @M…
@NickMalkoutzis: Market value of Greek state’s bank holdings down to €6.5bln from 25bln investment in 2013 [link] via @MacroPolis_gr #Greece
Unemployment insurance and unemployment
The Grumpy Economist – 3 hours ago
Fed Says It Will Be Patient in Raising Interest Rates, Citing ‘Solid’ Growth
New York Times – 2 hours ago
The Federal Reserve gave its most upbeat economic assessment since the recession, though it did say inflation remains sluggish.
Job Licenses in Spotlight as Uber Rises
New York Times – 20 hours ago
Regulations for many occupations create bottlenecks in the economy, raise the prices of goods and services and put good jobs out of reach of many Americans.
@ModeledBehavior: RT @reihan: Conversation around licensing (see @portereduardo: [link]) an encouraging sign. Kudos to Kleiner: (http://t.co/…
@ATabarrok: RT @reihan: Conversation around licensing (see @portereduardo: [link]) an encouraging sign. Kudos to Kleiner: (http://t.co/…
reddit/Economics: Job Licenses in Spotlight as Uber Rises
@Noahpinion: RT @JustinWolfers: Glad to see an attempt to reform the madness of occupational licensing: [link] @Alan_Krueger @CEABetsey
@MParekh: Embracing Abundance over Scarcity: "Job Licenses in Spotlight as #Uber Rises" [link] #Licensing #Economy $$
@Austan_Goolsbee: RT @Alan_Krueger: Excellent article on excesses of licensing: Job Licenses in Spotlight as Uber Rises, via @nytimes [link]
@davidmwessel: Obama admin is pushing states to reconsider occupational licenses. Good Eduardo Porter column explains why: [link]
@pmarca: RT @BCAppelbaum: Interesting @portereduardo column about the spread of occupational licensing. [link] [link]