Asset Management & Market Research

Weekend reads & charts ...

We scour the best of publications that cover the markets & economy, the world of business & finance, asset & wealth management, monetary & fiscal policy, Europe & Asia, the news & politics, science & technology … and throw in a bit of arts & entertainment, just to keep it light. Here’s what we found particularly compelling in the last 24 hours:

Why you won’t be audited this year (MarketWatch)

Mrs Thatcher’s economic legacy (Vox)

Putting Investor Bearish Sentiment into Context (The Big Picture)

Cyprus Rescue: From Bad to Worse: El-Erian (CNBC)

Bankrupt California city to resume paying pension fund, but not bondholders (Reuters)

Obama budget is a disaster for drugmakers (WonkBlog)

How does Bitcoin work? (Economist)

Bitcoin’s Wild Ride Shows It’s Not Real Money (Bloomberg)

US Economic Data Plunges Most In 10 Months (ZeroHedge)

California Universities Aggressively Expand Online Courses, Finds Failure Rates Drop (TechCrunch)

Americans Favor Giving Illegal Immigrants a Chance to Stay (Gallup)

All of the US energy capacity added in March was solar—all 44 megawatts (Quartz)

How tablets can save the PC (Abell/Reuters)

The Real Estate Commission Puzzle (Marginal Revolution)

The Human Thatcher (Chris Patten/Project Syndicate)

How Teenagers Spend Money (Atlantic)

The daily charts come to us courtesy of Quartz, and the WonkBlog. The former shows today’s disappointing retail sales figure. March retail sales were down 0.4%; forecasts called for retail sales to decline 0.1%, according to the WSJ. Ex autos, retail sales declined 0.4% (vs. expectations of unchanged); ex autos and gasoline, retail sales declined 0.1%. Last month showed a 1.1% gain in retail sales.

retail sales QUARTZ apr 12 !!!!!!


obama budget hits drug makers Wonk !!!!


Author: Kevin Lane

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