Review & Outlook

Our take on the investing, financial, & economic themes of the day

What We’re Reading: July 10

10 July, 2014 by Ben O'Brien in Commentary

Quote of the Day:

“It is dangerous to short stocks that have disconnected from traditional valuation methods. After all, twice a silly price is not twice as silly; it’s still just silly”.

— David Einhorn, quoted in the Financial Times 

 

 

Thursday morning reading:

Fed Sets October End for Bond-Buying (WSJ)

Companies Selling Stock at Record Pace (WSJ)

Where Did All the Short Sellers Go? (Financial Times)

The Rising Burden of U.S. Student Debt (Bloomberg)

Stock Prices as a Rorshach Test (Bloomberg)

The Race is on to Profit from Urgent Care (NY Times)

3D Printing is Speeding up Small Businesses (Businessweek)

Schlumberger Rally Can Continue Amid Upgrades (Barron’s)

Chipotle Fans Willing to Pay Higher Prices (Financial Times)

The Uber of Alcohol (Businessweek)

 

 

Chart of the day:

Source: WSJ