2015년 1월 10일 토요일

Share the View 2: Where's That Raise?

Bloomberg View
Share The View
THE LATEST OPINIONS FROM BLOOMBERG VIEW

JANUARY 9, 2015bloombergview.com

PARIS ATTACK
Leonid Bershidsky: "Perhaps you did not find Charlie Hebdo, the Paris satirical weekly attacked by terrorists on Wednesday, all that funny. ... It's important to note that it comes from a European tradition much broader than the French brand of satirical slapstick it most employs, and has at its roots a personal story as tortured as the continent's recent history." Read more...

ECONOMICS
The Editors: "Today's employment report marks the end of what has proved to be an outstanding year for U.S. job growth. Unfortunately, the same can't be said for wage growth -- and until it can, the Federal Reserve has ample reason to keep its economic stimulus efforts going." Read more...

FEDERAL RESERVE
Mohamed A. El-Erian: "As expected, Wednesday's release of the last Federal Reserve minutes has affected the financial markets. Most commentary has focused on the central bank's continued support for risk assets -- an important contributor to the stock market's impressive recovery this week. But another aspect also warrants attention: the extent to which Fed officials are monitoring and worrying about what's going on outside the U.S." Read more...

LAW
The Editors: "There are few ideas more un-American than government censorship of private citizens. ... Yet this is what U.S. governments do every day to any citizen who serves on a grand jury." Read more...
Noah Feldman: "A sitting member of the Securities and Exchange Commission co-writes an article accusing Harvard University of violating securities laws." In the discussion, "a crucial question has been lost: Exactly whose free speech is at stake here?" Read more...

ASIA
The Editors: "One little bag of nuts could land Heather Cho in jail for 15 years. One hopes it can have as big an effect on South Korea's economy."Read more...
Noah Smith: "It's a tradition in Japan to send (all-male) work teams to hostess clubs after hours, on the company dime. ... It illustrates one of Japan's biggest structural problems: poor corporate governance." Read more...

NEWS ROUNDUP
Barry Ritholtz (Read the news roundup)
  • 2014 was hedge funds' annus horribilis: Read more...
  • Once the biggest ETF in the land, GLD is no longer in top 10: Read more...
  • Beating the stock market has become even harder: Read more...
Matt Levine (Read the news roundup)
Jonathan Bernstein (Read the news roundup)
  • Nice interview of Dan Drezner by Henry Farrell: Read more...
  • The Ames Straw Poll is a bit closer to surviving in this presidential nomination cycle: Read more...
  • Interesting item on "dynamic scoring" vs. making stuff up: Read more...
Katie Benner (Read the news roundup)
  • This week in hilarious bloviating: Activist investment firm Starboard Value warned Yahoo in a letter that it doesn't like rumors that Marissa Mayer might want to buy Scripps Networks or Time Warner's CNN. Read more...
  • Cluetrain publishes new clues to take on Internet threats: Read more...
  • Re/code's Nellie Bowles has the lowdown on the unofficial brothel of CES: Read more...


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