What We’re Reading 12-9-11

Bill Miller had a great run. But did his investors?, Allan Sloan, Fortune

The ‘Financial Repression’ Trap, Kevin Warsh, The Wall Street Journal

The Economic and Employment Contributions of Shale Gas in the US, IHS

Tax Rates, Inequality and the 1%, Alan Reynolds, The Wall Street Journal

How to break up a monetary union(PDF), Donovan et. al, UBS Investment Research

Absolute Certainty Is Not Scientific, Daniel B. Botkin, The Wall Street Journal

receipts

$3 Trillion of Taxes

It was reported by the Treasury Department recently that Federal receipts have crossed the $3 trillion mark for the first time ever in fiscal 2014. But even with the highest receipts in history (much … [Read More...]

djia

Stocks Down 400 Points

"I was at the post office today and overheard someone comment that the stock market was way down, something like 400 points," wrote a client to me last week. "I just wanted to let you know we'll be … [Read More...]