Tuesday, February 9, 2016

2:00PM Water Cooler 1/28/2016

Today’s Water Cooler: TPP, Trump to skip debate, Sanders v Clinton, Sanders single payer plan, durable goods, Malheur, Bronx slave market

Fiscal Cost of Refugees in Europe

Data in Sweden shows that even with generous support for refugees, the costs are not high.

Office of Financial Research Warns of Corporate Debt Defaults, Particularly Related to Energy Loans, as Stability Risk

Nothing like the downgrades and the prospect of default to focus the mind….

Links 1/28/16

a9631-zeus-edge-fly-25jan16. links

“This is Just Evil”: Massive Private License Plate Database Tracks Car Locations Over Years

Large-scale logging of time and location stamped license plate data, retained over years, means Big Brother knows where you have been.

Krugman’s Cowardly, Dishonest Attack on David Dayen Over Krugman’s Misrepresentation of Sanders’ Financial Reforms

Paul Krugman’s recent posts have been most peculiar. Several have looked uncomfortably like special pleading for political figures he likes, notably Hillary Clinton.

Are Economists in Denial About What’s Driving the Inequality Trainwreck?

Today’s richest Americans may soon blow past the tycoons of the Roaring Twenties.

2:00PM Water Cooler 1/27/2016

Today’s Water Cooler: Clinton tries to bribe Obama, housing stats, nervous elites, Flint water, and more to come.

Private Equity Fun Time

This is both a private equity joke and a test to see if you’ve become buzzword compatible enough to get it.

Links 1/27/16

raven links

Wobbly Italian Banks May Get “Bad Bank” Resolution Vehicle

Italian banks’ extend and pretend game may be coming to an end.

The Implications of Foreign Minister Lavrov’s Snub of Victoria Nuland

The reign of neocons, as symbolized by State Department Victoria Nuland’s “Fuck the EU” remark, may be past its sell-by date.

Andrew Bacevich: Six National Security Questions Hillary, Donald, Ted, Marco, etc., Don’t Want to Answer and Won’t Even Be Asked

In the realm of national security, election 2016 promises to be not just a missed opportunity but a complete bust.

2:00PM Water Cooler 1/26/2016

Today’s Water Cooler: TPP approaches signing, Democratic Town Hall, Trump dominates, housing stats, the Bundys, IoT and baby monitors

Investors Piling into Illiquid Assets to Avoid Discipline of Market Prices

Investors are piling into risky, illiquid assets at the worst possible time and for the worst reason: to fake performance.