Charles Kirk, “In my experience, usually the things we fear the most are the things that impact the market the least. I’ve seen this happen time and time again.”  (Kirk Report)

The “pub power” indicator has turned negative for the stock market.  (EconomPic Data)

Quantitative hedge funds seem to outpeform their qualitative cousins.  (CXO Advisory Group)

Is the AHL “black box” broken?  (The Source via alea_)

What is the optimal size for the active investment management industry?  (SSRN)

Nick Gogerty, “A good value investor is really a good collector of mental moat models and the competitive positioning for each participant in a market.”  (designing better futures)

Why do firms with increasing inventories undeperform?  (SSRN)

The TBTF tax amounts to no more than a 15 bp hike in the fed funds rate for the big banks. (Clusterstock also FT Alphaville, Felix Salmon)

The “financial crisis responsibility fee” is better than nothing.  (Mankiw Blog also Economix, Economist’s View, The Balance Sheet, Megan McArdle)

Paul Volcker is a voice in the wilderness on financial regulatory reform.  (WSJ also Floyd Norris)

“Contrary to the claims of several notable pundits, there was no “Great Consumer Deleveraging” in 2009, nor was there one in 2008.”  (Atlantic Business also Free exchange)

Did the Fed target too low an inflation rate?  (Economist’s View)

“Despite the bears’ growling, China’s economic collapse is neither imminent nor inevitable.”  (Economist)

Google (GOOG) is just another example of an Internet company forced from China in a “foreign internet purge.”  (Foreign Policy, WashingtonPost)

John Cassidy interviews Gary Becker and James Heckman.  (Rational Irrationality, ibid)

Do bubbles exist, and if they do can they be profitably exploited?  (TheMoneyIllusion, Free exchange)

What the arithmetic tells us about the strains of global population growth.  A talk with Albert Bartlett.  (Simoleon Sense)

Why social media matters in the midst of a humanitarian crisis.  (The Frontal Cortex, SmartMoney)

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