How Americans Die
Bloomberg – 5 hours ago
Americans die in smaller portions each year, but what kills us is changing.
@ModeledBehavior: RT @M_C_Klein: How we die: [link] via @BV
@AnnieLowrey: Also, I love that today’s two most gorgeous interactives are about sex ([link]) and death ([link]).
@mccarthyryanj: RT @CardiffGarcia: This is great RT @BV Americans die (in charts): [link] via @M_C_Klein
@MichaelKitces: Interesting how this has changed over time. Implications for clients? "How Americans Die" [link]
@TimOBrien: “@MattCampbel: Gorgeous data journalism from @BV on mortality rates: [link]”
@naufalsanaullah: “how americans die” interactive chart set by @M_C_Klein [link]
@IvanTheK: Bloomberg’s Dr. Graphics, @M_C_Klein, on How American’s Die. [link]
@CardiffGarcia: This is great RT @BV Americans die (in charts): [link] via @M_C_Klein
@felixsalmon: Blown away by @bloombergview’s How Americans Die interactive. The first interactive in ages that I’ve really loved. [link]
@newsycombinator: How Americans Die [link]
@raju: +1 @patrickc: @BloombergNews "How Americans Die" is indeed very good: [link] h/t @BenedictEvans
@moorehn: RT @TimOBrien: Americans die in smaller portions each year, but what kills us is changing. [link]
@Bloomberg: RT @BV: How Americans die (in charts): [link] via @M_C_Klein
The Biggest Predictor of How Long You’ll Be Unemployed Is When You Lose Your Job
fivethirtyeight.com – 4 hours ago
One characteristic distinguishes the long-term unemployed from the rest of America’s jobless. It isn’t how many hours they worked at their old job, or what industry they came from, or even their le...
@M_C_Klein: "there is little that distinguishes the long-term unemployed apart from bad luck" [link] by @bencasselman
reddit/Economics: The Biggest Predictor of How Long You’ll Be Unemployed Is When You Lose Your Job
@ProPublica: The biggest predictor of how long you’ll be unemployed is when you lose your job [link] @FiveThirtyEight
@rortybomb: This chart from @bencasselman is remarkable: [link] The long-term unemployed are really just unlucky. [link]
@mccarthyryanj: The biggest factor in becoming long-term unemployed: the unemployment rate when you lose your job [link]
Hedge funds get clobbered by fall in tech stocks
CNBC – 1 hour ago
Hedge funds continued to be burned in April by volatility in tech and other stocks following losses in March.
@JacobWolinsky: Tiger cubs not looking too smart Hedge funds get clobbered by fall in tech stocks [link]
@SimoneFoxman: RT @ldelevingne: New from me & @KateKellyCNBC -Big hedge funds get clobbered by fall in tech stocks--again [link] via @CNBC
@FGoria: Hedge funds get clobbered by ’diabolical’ market [link]
@NicTrades: RT @FGoria: Hedge funds get clobbered by ’diabolical’ market [link]
When ‘Liking’ a Brand Online Voids the Right to Sue
New York Times – 16 hours ago
@davewiner: If you favorite this tweet you can’t sue me. [link]
Naked Capitalism: General Mills Opens New Frontier in Denying Consumers Right to Sue: Just Use Its Products
@TheIntuitInvest: Disgusting...When ‘Liking’ a Brand Online Voids the Right to Sue [link]
@BuzzFeedBen: RT @AdamSerwer: "Liking" something on Facebook is the new surrendering your legal rights to a corporation. [link]
@counterparties: Never interact with a brand on the internet #brands [link]
@davidmwessel: The march of binding mandatory arbitration: When ‘Liking’ a Brand Online Voids the Right to Sue [link]
@newsycombinator: When ‘Liking’ a Brand Online Voids the Right to Sue [link]
@raju: Liked @cheerios on @Facebook? Downloaded a coupon for @BettyCrocker ? You have lost right to sue parent @GeneralMills [link]
Suburbs Try to Prevent an Exodus as Young Adults Move to Cities and Stay
New York Times – 6 hours ago
A report found that counties like Westchester, Nassau and Suffolk faced tough competition from New York City for young people, perhaps because of less diversity and a dearth of modest rentals.
@davidmwessel: 25-34 yr olds shun suburbs: Rye NY down 63% since 2000. Chevy Chase, -34%. House prices? Apt shortage? Urban revival? [link]
Marginal Revolution: Assorted links
@Richard_Florida: Young (highly educated & skilled) Americans shunning the suburbs for the urban center - NYT - [link]
@MattGoldstein26: RT @margafret: The fact that 32 is still considered "young adult" makes me feel like a f******* child [link]
Segregation Now: The Resegregation of America’s Schools
ProPublica – 15 hours ago
Sixty years after the Supreme Court declared an end to “separate but equal” education, many schools have moved back in time, isolating poor black and Latino students in segregated schools. ProPublica investigates Tuscaloosa schools, among m...
@JacobWolinsky: Track resegregation over last 20 years by state in this @ProPublica interactive [link] #SegregationNow
@counterparties: RT @FD: The re-segregation of American schools [link]
@lizzieohreally: RT @FD: The re-segregation of American schools [link]
@peterlattman: Many schools across the country are quietly resegregating. Big story by @TheAtlantic and @ProPublica [link]
Liberty Street Economics
New York Fed – 7 hours ago
One of the most innovative and potentially far-reaching consequences of regulatory reform since the financial crisis has been the development of liquidity regulations for the banking system.
@MarkThoma: Liquidity Policies and Systemic Risk - Liberty Street Economics [link]
reddit/Economics: Exploring the tradeoff between capital regulation and liquidity regulation for banks
@NYFed_news: Liquidity Policies and Systemic Risk [link]
@nasiripour: RT @HyunSongShin: NY Fed paper on why bank liquidity requirements can be better than bank capital requirements [link] http:…
SEC Charges Former BP Employee with Insider Trading During the Deepwater Horizon Oil Spill
SEC.gov – 2 hours ago
SEC announces insider-trading charges against a former BP employee who allegedly profited from nonpublic information about the extent of the oil spill arising from the Deepwater Horizon oil rig explosion in 2010.
Energy Looks Intriguing On A Relative Basis
All Star Charts – 2 hours ago
If you want to talk about a serial underperformer, look no further than the Energy space. Since peaking in the summer of 2008, we’ve seen …
@howardlindzon: RT @StockTwits: $XLE hitting all time highs and relative strength continues to rip. Here’s what I see [link] via @allstarch…
@Fullcarry: RT @StockTwits: $XLE hitting all time highs and relative strength continues to rip. Here’s what I see [link] via @allstarch…
@StockTwits: $XLE hitting all time highs and relative strength continues to rip. Here’s what I see [link] via @allstarcharts
How a 56-Year-Old Engineer’s $45,000 Note Loss Spurred SEC Probe
Bloomberg – 9 hours ago
Jeff Steckbeck didn’t read the prospectus. He didn’t realize the price was inflated. He didn’t even know the security he read about online was something other than an exchange-traded fund.
Goldman Says It Has No Plans to Exit Dark Pool Business
New York Times – 52 minutes ago
Harvey Schwartz, the chief financial officer of Goldman Sachs, told analysts that he had “no strategic plans” to close the bank’s dark pool trading business known as Sigma X.
When use of pseudo-maths adds up to fraud
Financial Times – 1 day ago
An academic journal called the Notices of the American Mathematical Society may seem an unlikely periodical to have exposed fraud on a massive scale. The investigation, published in the current edition, is certainly not going to sit among t...
@retheauditors: RT @FT: When use of pseudo-maths adds up to fraud [link]
@Noahpinion: Furious backtesting = data mining. [link]
@TheIntuitInvest: Super important paper...When use of pseudo-maths adds up to fraud - [link] [link] .@FT
@EmanuelDerman: When use of pseudo-maths adds up to fraud: [link] #FT
Abnormal Returns: Thursday links: sticking to beta
@Kiffmeister: When use of pseudo-maths adds up to fraud: Many models tweak strategy to fit data or are just flukes [link] via @FT
Why I’m Done With Financial Goals
fool.com – 3 hours ago
Maybe you should be, too. - Morgan Housel - Financials
Behind the Red Door: Finding Value in an Overpriced Market
Institutional Investor – 3 hours ago
In an overpriced equity market, investors can learn from my experience buying a house: Be sure to look behind every door, even the ugly ones.
Bonds for the long run
Financial Times – 4 hours ago
If we know one thing about investing, it’s that time and the power of compounding make stocks an essential holding for savers, right? Well, maybe not, at least when the choice is to hold bonds with a reasonable yield instead and the exce...
Derivatives and the Eurozone crisis
VOX – 14 hours ago
@MarkThoma: Derivatives and the Eurozone crisis - vox [link]
@FGoria: Derivatives and the Eurozone crisis [link]
@TFMkts: RT @PaulHannon29: On second thoughts, CDSs were to blame: Derivatives and the Eurozone crisis | vox [link]
@pdacosta: RT @PaulHannon29: On second thoughts, CDSs were to blame: Derivatives and the Eurozone crisis | vox [link]
@Kiffmeister: RT @PaulHannon29: On second thoughts, CDSs were to blame: Derivatives and the Eurozone crisis | vox [link]
About That TIAA-CREF Deal
morningstar.com – 3 hours ago
Amazon and Google are in an epic battle to dominate the cloud—and Amazon may already have won
Quartz – 1 day ago
In technology, it’s sometimes good to let a pioneer figure out the pitfalls of a new market. Apple’s iPod transformed music listening after countless lesser MP3 players failed to make a real dent. Google is now trying to do something simila...
Abnormal Returns: Wednesday links: the allure of stock picking
@davewiner: Amazon and Google are in a battle to dominate the cloud and Amazon may already have won. (Don’t believe it.) [link]
@AntDeRosa: If Amazon’s cloud were a computer, it would have 5x the capacity of its next 14 competitors—including Google—combined [link]
@Techmeme: Amazon and Google are in an epic battle to dominate the cloud--and Amazon may already have won [link] [link]
US financial showdown with Russia is more dangerous than it looks, for both sides
The Telegraph – 23 hours ago
The US Treasury faces a more formidable prey with Russia, the world’s biggest producer of energy with a $2 trillion economy, superb scientists and a first-strike nuclear arsenal
@JacobWolinsky: US financial showdown with Russia is more dangerous than it looks, for both sides | via @Telegraph [link]
@edwardnh: US financial showdown with Russia is more dangerous than it looks, for both sides [link] via @AmbroseEP
Naked Capitalism: Links 4/17/14
@mhewson_CMC: US financial showdown with Russia is more dangerous than it looks, for both sides | via @Telegraph [link]
High-Speed Traders Said to Be Subpoenaed in N.Y. Probe
Bloomberg – 22 hours ago
New York Attorney General Eric Schneiderman sent subpoenas to six high-frequency trading firms seeking information about special arrangements they have with exchanges and dark pools as well as their trading strategies, according to a person...
Here Is The City: High-speed traders to be subpoenaed in U.S. probe
@volatilitysmile: RT @BloombergNews: High-speed traders said to be subpoenaed in N.Y. probe: [link]
@JoeSaluzzi: High-Speed Traders Said to Be Subpoenaed in N.Y. Probe [link] via @BloombergNews
@JohnLothian: High-Speed Traders Said to Be Subpoenaed in N.Y. Probe - Bloomberg [link] #HFT
Cohen Gets to Trade for 90 Days Before Paying SAC Penalty
New York Times – 22 hours ago
That is longer than the 30 days recommended by federal probation officials, but it is the time frame that lawyers for SAC and federal prosecutors agreed to in November.