For the commute home, and to help you safely absorb capital inflows,
- More clues that interest rates don’t affect house prices, but might affect homeownership rates.
- A group of economists has published a letter calling for restrictions on capital controls to be removed from trade agreements.
- The San Fran Fed concludes that things would have been worse without QE2.
- Why Wall Street only hires from prestigious universities.
- “The typical person in the bottom 5 percent of the American income distribution is still richer than 68 percent of the world’s inhabitants.”
- CFR’s guide to the protests in the Arab world and the best longform journalism about Egypt.
- Israel is dealing with a staggering decline in FDI.
- Cleveland Fed: the US unemployment is mostly cyclical.
- States are chasing the dumb money.
- Home economics, kitchen edition.
- Joe Weisenthal demands commentary on contango in Indian pepper and backwardation in turmeric — but we refuse to be like fools dancing on the strings held by some bigshot. (Also, our futures expert already went home for the day.)