A Note To My Readers
andrewsullivan.com – 11 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]
@morningmoneyben: Sure do identify with a lot in this @sullydish essay. [link]
@newsycombinator: A Note to My Readers [link]
Builder quietly cancels Toronto condo complex
thestar.com – 10 hours ago
Kingsclub becomes second condo project in last few weeks to suddenly convert to rental apartments, leaving more than 100 preconstruction buyers out in the cold.
@volatilitysmile: RT @NickTimiraos: Miami 2007, meet Toronto 2015: Builder quietly cancels condo complex [link] ht @sobata416 [link]…
@edwardnh: Builder quietly cancels condo complex | Toronto Star [link] conversion to rentals sounds like market top stuff
@NickTimiraos: Miami 2007, meet Toronto 2015: Builder quietly cancels condo complex [link] ht @sobata416 [link]
@HardcoreValue: Builder quietly cancels condo complex. @Urban_Toronto [link] I wonder if @FortressRDI @FortressRC is facing a slowdown too?
@BobBrinker: RT @NickTimiraos: Miami 2007, meet Toronto 2015: Builder quietly cancels condo complex [link] ht @sobata416 [link]…
Federal Reserve issues FOMC statement--January 28, 2015
Federal Reserve – 11 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]
TPG Sues Ex-Spokesman for Allegedly Taking Documents From Buyout Firm
Wall Street Journal – 8 hours ago
TPG sued its former spokesman, claiming he took confidential documents from the private-equity firm and in some cases disseminated them to news outlets after he was denied a promotion.
@AmyResnick: RT @danprimack: So TPG thinks it has figured out who leaked all of us those documents last month... [link]
@danprimack: So TPG thinks it has figured out who leaked all of us those documents last month... [link]
@jennablan: RT @LaurenLaCapra: TPG sues ex-spokesman for allegedly taking documents from buyout firm [link] via @WSJ
@morningmoneyben: Crazy story about TPG suing its former spokesman, Adam Levine, who was a deputy press sec under George W. Bush. [link]
@LaurenLaCapra: TPG sues ex-spokesman for allegedly taking documents from buyout firm [link] via @WSJ
Bloomberg – 1 day 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: RT @cromwellc: [link] shares the frustration in their 404 error pages [link]
@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]
Uber, a Rising Business Model
New York Times – 11 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.
@volatilitysmile: RT @nytimes: The Uberization of work may soon be coming to your chosen profession [link]
@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
@EmanuelDerman: Nice for other people, not for you. MT @nytimes: The Uberization of your work may be coming to your chosen profession [link]
Confirmed: Starbucks knows the next hot neighborhood before everybody else does
Quartz – 12 hours ago
Coffee first—mortgage next.
Abnormal Returns: Wednesday links: picking baskets
@NickTimiraos: Homes located near a Starbucks have appreciated faster than those near a Dunkin Donuts [link] [link]
@BarbarianCap: RT @NickTimiraos: Homes located near a Starbucks have appreciated faster than those near a Dunkin Donuts [link] http://t.co…
@Richard_Florida: The Starbucks Effect ... via @MarkMuro1, @NickTimiraos - [link] [link]
New Rules in China Upset Western Tech Companies
New York Times – 7 hours ago
Stringent regulations, including a requirement to share secret codes, are another form of economic protectionism, Western technology companies say.
@MParekh: Market that accounts for 43% of Glibal #Tech sector growth: "New Rules in #China Upset Western Tech Companies" [link]
@niubi: New Rules in China Upset Western Tech Companies - NYTimes it is called "getting huawei’d" [link]
@Techmeme: China requires source code, backdoors from companies working with banks; US tech firms alarmed [link] [link]
Wow, That Was a Horrible Decade
Bloomberg View – 23 hours ago
The U.S. has pulled through one of the roughest decades in its history, a testimony to the nation’s resilience.
@MarkThoma: U.S. Survived 9/11, Iraq War, Great Recession in Horrible Decade - Noah Smith [link]
@JustinWolfers: The US economy and the Terrible, Horrible, No Good, Very Bad Decade: [link] @Noahpinion
@reddy: "perhaps the political, economic, and cultural system of the U.S. is simply a lot more robust than it looks." [link]
@pmarca: RT @BV: U.S. endured as century’s worth of traumas and setbacks from 2000 to 2011 by @noahpinion [link] [link]…
Is the Economy Still Threatened by Secular Stagnation? - The New Yorker
New Yorker – 7 hours ago
The economy didn’t pay much heed to last year’s secular-stagnation scare, but the theory hasn’t been fully discredited.
What Silicon Valley Thinks of Women
newsweek.com – 7 hours ago
@mathewi: That they shouldn’t have eyes MT @Newsweek: Our cover: "What Silicon Valley Thinks of Women" [link] [link]
@mims: RT @lhon: What Silicon Valley Thinks of Women [link]
@IvanTheK: The cover is awful. Not gonna judge the piece by it, but not a good start.What Silicon Valley Thinks of Women [link]
Arthur Laffer’s view on the Kansas economy: Prosperity awaits patient tax cutters
kansascity.com – 7 hours ago
Celebrity economist Arthur Laffer told me that he was not surprised by the huge deficits Kansas is facing due to massive tax cuts. “You have to view this over 10 years,” Laffer said. “It will work in Kansas.”
@ObsoleteDogma: LOL, Art Laffer says he doesn’t know why Kansas’ deficits have exploded [link] [link]
@Noahpinion: Art Laffer: Kansas’ tax cuts will pay for themselves any day now, just you wait...just a little longer... [link]
@ritholtz: BY HIS OWN DEFINITION, THEREFOR, HE CAN NEVER BE WRONG Arthur Laffer’s view on the Kansas economy: Just wait [link]
How big is Mitt Romney’s California house? Here, compare it to yours.
Washington Post – 9 hours ago
An interactive tool to measure house inequality.
@nichcarlson: RT @BenDWalsh: Steve Cohen is not pleased with the Washington Post right now [link] [link]
@NickTimiraos: RT @JoshZumbrun: Think that @pbump won the day in interactive graphics -- everyone else can go home now [link] http://t.co/…
@reddy: Interactive graphics gone wild: How big is Mitt Romney’s house compared to yours? [link] [link]
Bonds: Caught in a debt trap
Financial Times – 7 hours ago
If Mario Draghi wanted reassurance that he still has a magic touch he need look no further than Europe’s stock markets. A steep rally in European equities — up almost 20 per cent since mid-October, twice as much as the US S&P 500 — fits wit...
RatingsDirect Platform Selection
spratings.com – 9 hours ago
@tomkeene: RT @standardpoors: #California has chipped away at its "wall of debt" as we discuss in this report: [link] [link]…
@cate_long: RT @standardpoors: #California has chipped away at its "wall of debt" as we discuss in this report: [link] [link]…
@pmarca: RT @standardpoors: #California has chipped away at its "wall of debt" as we discuss in this report: [link] [link]…
One in Five U.S. Children Depends On Food Stamps
Wall Street Journal – 12 hours ago
Roughly 16 million U.S. children under the age of 18—about one in five—received food stamps last year, according to statistics on families released by the Census Bureau on Wednesday.
@Alea_: RT @WSJ: Roughly 16 million U.S. children - about 1 in 5 - received food stamps last year. [link] [link]
@ToddSullivan: RT @NickTimiraos: More than half of US children on food stamps are in single-parent households [link] [link]
reddit/Economics: One in Five U.S. Children Depends On Food Stamps
@robenfarzad: RT @davidphinney: One in Five U.S. Children Depends On Food Stamps [link]
@raju: Get going, #GOP @WSJ: Roughly 16 million US children - 1 in 5 - received food stamps last year [link] [link]
Looks like we got ourselves a ballgame
The Reformed Broker – 1 day 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]
@mccarthyryanj: "When the extra return of equities is not being earned with extra risk, the game becomes flawed" [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"
Where There’s Already Faster U.S. Wage Growth
Wall Street Journal – 10 hours ago
Economists at Principal Global Investors used data from clients in defined contribution retirement plans to see if they could identify nascent trends not yet captured in the national data.
@Richard_Florida: RT @Noahpinion: Wage growth has accelerated in the U.S., hopefully that will last. [link]
@Noahpinion: Wage growth has accelerated in the U.S., hopefully that will last. [link]
@pmarca: RT @NickTimiraos: One firm’s analysis shows that there’s already faster U.S. wage growth [link] [link]
Yahoo Would Rather Not Pay Taxes on Its Alibaba Shares
Bloomberg View – 1 day 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]
Boom: Inside a British Bank-Bombing Spree
Bloomberg – 1 day 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]
@ProPublica: No one has robbed an American ATM with explosive gas. In the UK, its happened more than 90 times since 2013. [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
Greek debt and a default of statesmanship
Financial Times – 1 day ago
Sometimes the right thing to do is the wise thing. That is the case now for Greece. Done correctly, debt reduction would benefit Greece and the rest of the eurozone. It would create difficulties. But these would be smaller than those create...
@FGoria: Greek debt and a default of statesmanship [link] by @martinwolf_ via @FT
@AnjuliDavies: Greek debt and a default of statesmanship - [link] [link] via @FT
@NickMalkoutzis: Greek debt and a default of statesmanship by @martinwolf_ [link] via @FT #Greece #euro
@reddy: RT @pdacosta: Banks and politicians, not people, got bailed out in Greece. [link] cc @SKouvoussis [link]
@Markit: Greek debt and a default of statesmanship via @FT #grexit #Syriza [link]
@interfluidity: “spending by Greeks on goods and services has in fact fallen by at least 40 per cent.” @martinwolf_, excellent. [link]
@MattZeitlin: "Creating the eurozone is the second-worst monetary idea its members are likely to have. Breaking it up is the worst" [link]
@pdacosta: Banks and politicians, not people, got bailed out in Greece. [link] cc @SKouvoussis [link]
@felixsalmon: Wherein Martin Wolf says that the wise, statesmanlike course is for the EU to treat Greece as a HIPC [link]