Friday Reading
A few items for the road...
- The Economist's Buttonwood summarizes the potential consequences of elevated crude oil prices. More on oil: David Gaffen at MarketBeat.
- Two interesting items via Calculated Risk: Fed Governor Mishkin on preemptive bubble-popping and a warning on festering problems in the HELOC market.
- Two interesting items from Barry Ritholtz: Merrill's strange new rating rules and a hugely important observation on the employment situation from Merrill's David Rosenberg.
- What if politics on the sub-continent was less about a nuclear standoff between India and Pakistan and more about...food prices?
- Behavioral finance? Here's a useful missive from John Mauldin on "investors behaving badly" (originally written a few years ago, with updates to reflect recent events).
