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Further further reading

For the commute home or your day off,

- An expert take on a US sovereign default.

- “Incentives reward luck instead of skill … Examples include sports, gambling, investing, and wide swaths of business.”

- A Random Walk with ETFs.

- Emerging market inflation and US monetary policy. Oh the irony.

- Some counterfeit liquidity.

- When mortgage servicers walk away — in Chicago.

- Goldman Sachs, Facebook and “news leak.”

- “Who hired the goddamn bankers to do their pissant deal in the first place?”

- 30 years of Time Magazine covers … and the stock market.

- Introducing “time-period arbitrage.”

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