Some things I’m reading this morning:

  • Correlations make alpha generation more difficult (PragmaticCapitalism)
  • Should crimes of capital get capital punishment (TotalReturn)
  • Paul Krugman on why rates are so low:  “deleveraging shock”. You might not agree with him, but he’s been right…so far (NYT)
  • Five Guys Burgers:  America’s fastest growing restaurant chain (Forbes)
  • Stock specific stories:  does Apple’s candor imply a new product offering in this quarter (Barrons); Morningstar believes Brown-Forman’s shares are overvalued (Morningstar); higher chicken wing prices are hurting Buffalo Wild Wings (Barrons)
  • 3 reasons why hosting the Olympics is a Loser’s game (Atlantic)
  • The world according to Kobe (WSJ)
  • Pitchfork’s review of Passion Pit’s second album, ‘Gossamer’:  on both a musical and lyrical level, it’s a raising of the bar, far more complex
    than anything the band has done to date (Pitchfork)