MUST READS Gunmen detain 3 journalists in eastern Ukraine – AP Ukraine Accord Nears Collapse, Biden Visits Kiev – Bloomberg Russia is already feeling the pain of Western sanctions – CNBC Putin’s career roadmap goes back to emperors Peter and Catherine – Quartz Nevada Standoff a Symptom of Increasing Authoritarianism – Ron Paul Institute On Tour With Rock-Star Economist Thomas Piketty – New York Magazine The Systematic Errors In Thomas Piketty’s New Book – Real Clear Markets How Income Inequality Can Hurt the Economy – Fiscal Times Why a Global Tax on Wealth Won’t End Inequality – Foreign Affairs Young Adults Cite College Costs as Their Top Money Problem – Gallup The Myth of Working Your Way Through College – The Atlantic The saddest way to default on your student loan – Vox
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MARKETS/INVESTING Asian stocks edge mostly higher on US earnings – AP Bull vs. Bear debate: Is pullback over? – USA Today Is This What a Credit Bubble Looks Like? – Cyniconomics China Stock Index Rises for First Time in Four Days – Bloomberg Hedge Fund Assets Hit a Record, For the 7th Straight Quarter – Barron’s Treasury Two-Year Auction Near Highest Yield Since 2011 – Bloomberg Gold steadies off 2-1/2 week low as dollar retreats – Reuters Why China is a positive gold prices going forward – Arabian Money China Banks And 100,000 ‘Outlets’ Sell Gold – GoldCore Chinese gangs implicated in India gold smuggling – Mineweb Lack of upside catalysts weigh on gold – MarketWatch
ECONOMY/WORLD/HOUSING/BANKING Death of Ceteris Paribus – Alhambra Partners What Recovery? How the NBER Determines When Recessions End – WSJ Sorry, Fed Inflationistas: Technology Is Deflationary – of two minds Chinese Bad-Loan Ratio Rises ‘Significantly,’ Huarong Says – Bloomberg Stephen Roach: China, U.S. Headed in Opposite Directions – Caixin Online Wage cuts make Spain’s recovery a long, painful path – Reuters Fannie, Freddie cut housing-market forecasts for 2014 – MarketWatch Americans think owning a home is better for them than it is – Washington Post U.S. Housing Market Looking for Good Old Days – S&P Housing Views Guess Who Makes More Than Bankers: Their Regulators – WSJ Report Card on Fed Policy During the Great Recession – Fiscal Times A Chance to Remake the Fed – American Prospect
