Links We Liked!
- The Federal Reserve Bank of San Francisco wrote an economic letter trying to get a grasp on why wage growth has been so weak - and how to fit wage growth into the inflation picture.
- An excellent manifesto from Nelson at Financial Uproar who notes that folks who need financial help the most are often least able to pay for it. What's the solution? (Not Reddit...)
- Ryan Avent at the Economist asks: "why do we work so hard?". (Don't ask someone who runs a web site, though - we're probably all a little bit nuts.)
- The Irrelevant Investor asks if we are due for a recession.
- Bruce Schneier makes the case that companies should save less personal data - then there is far less to lose in the event of an attack.
- Free By 50 examines the true costs of used cars - and sees a bargain in a used Nissan Leaf. Read his analysis.
- Sherry at Save. Spend. Splurge. notes that many Americans think more about money than sex - and wonders about the endgame.
- Josh Brown, normally of the Reformed Broker (see above), defends the fiduciary standard requirement proposed for all financial advisors.
- Sam Ro at Yahoo! Finance discusses the gap between GAAP and adjusted non-GAAP earnings... and the large current spread.