{"id":6717,"date":"2011-08-14T11:05:43","date_gmt":"2011-08-14T15:05:43","guid":{"rendered":"http:\/\/drduru.com\/onetwentytwo\/2011\/08\/14\/links-for-2011-08-14\/"},"modified":"2011-08-14T11:05:43","modified_gmt":"2011-08-14T15:05:43","slug":"links-for-2011-08-14","status":"publish","type":"post","link":"https:\/\/drduru.com\/onetwentytwo\/2011\/08\/14\/links-for-2011-08-14\/","title":{"rendered":"links for 2011-08-14"},"content":{"rendered":"<ul class=\"delicious\">\n<li>\n<div class=\"delicious-link\"><a href=\"http:\/\/www.forbes.com\/sites\/robertlenzner\/2011\/08\/13\/the-battered-investment-class-has-no-confidence-in-markets-companies-banks-governments\/\">The Battered Investment Class Has No Confidence in Markets, Companies, Banks, Governments &#8211; Forbes<\/a><\/div>\n<div class=\"delicious-extended\">Over the past ten years investors have been battered by the dotcom bubble(off over 50%), 9\/11 (off over 25%), the credit crisis bubble(off 50%), the crash of commodities(down 25%) and now the government debt downgrade  together with  a dire European sovereign debt crisis(down 20-25%). Nor have we ever gotten back to the all-time peak of the Dow Jones industrial average of 1410, set in October, 2007. It\u2019s no surprise that investors are fleeing equity mutual funds and shoved  $50 billion of their savings  in money market funds yielding zero laast week. Zero is  once again again preferable to losing money.<\/div>\n<div class=\"delicious-tags\">(tags: <a href=\"http:\/\/www.delicious.com\/DrDuru\/stock_market\">stock_market<\/a> <a href=\"http:\/\/www.delicious.com\/DrDuru\/sell-off\">sell-off<\/a> <a href=\"http:\/\/www.delicious.com\/DrDuru\/sentiment\">sentiment<\/a>)<\/div>\n<\/li>\n<li>\n<div class=\"delicious-link\"><a href=\"http:\/\/www.bloomberg.com\/news\/2011-08-12\/global-stock-funds-post-biggest-withdrawals-since-2008-on-u-s-downgrade.html\">Withdrawals From Stock Funds Biggest Since \u201908 &#8211; Bloomberg<\/a><\/div>\n<div class=\"delicious-extended\">Funds that buy global equities suffered $3.5 billion in net withdrawals in the week ended Aug. 10, the most since the second week of October 2008, according to Cameron Brandt, director of research at Cambridge, Massachusetts-based EPFR Global. Investors removed $11.7 billion from funds that invest in U.S. equities, the most since May 2010 when investors pulled money following a one-day market crash that briefly erased $862 billion.<\/div>\n<div class=\"delicious-tags\">(tags: <a href=\"http:\/\/www.delicious.com\/DrDuru\/stock_market\">stock_market<\/a> <a href=\"http:\/\/www.delicious.com\/DrDuru\/mutual_funds\">mutual_funds<\/a> <a href=\"http:\/\/www.delicious.com\/DrDuru\/sell-off\">sell-off<\/a>)<\/div>\n<\/li>\n<li>\n<div class=\"delicious-link\"><a href=\"http:\/\/www.cnbc.com\/id\/44129737\">Japanese Rare Earth Consumers Set Up Shop in China &#8211; CNBC<\/a><\/div>\n<div class=\"delicious-extended\">&quot;Japanese production is moving to China faster than I&#039;ve ever seen in the past,&quot; said Neo Material Chief Executive Constantine Karayannopoulos. &quot;We may be witnessing a fundamental restructuring of the global rare earth supply chain.&quot;<\/div>\n<div class=\"delicious-tags\">(tags: <a href=\"http:\/\/www.delicious.com\/DrDuru\/rare_earth\">rare_earth<\/a> <a href=\"http:\/\/www.delicious.com\/DrDuru\/China\">China<\/a> <a href=\"http:\/\/www.delicious.com\/DrDuru\/Japan\">Japan<\/a>)<\/div>\n<\/li>\n<li>\n<div class=\"delicious-link\"><a href=\"http:\/\/www.psyfitec.com\/2011\/08\/proper-etiquette-for-market-panics.html\">The Proper Etiquette for Market Panics &#8211; The Psy-Fi Blog<\/a><\/div>\n<div class=\"delicious-extended\">When we\u2019re operating in situations we\u2019re not entirely sure about we follow a simple rule of thumb: we copy what other people are doing. So if we\u2019re attending a fancy dinner with a place setting of sporks and splayds we\u2019ll probably do whatever the people next to us are doing, in an attempt to look as though we understand the proper etiquette.<br \/>\nWhich works beautifully as long as someone knows what to do, but can be disastrous if no one has a clue. Which is all the explanation we need to understand why, currently, investors are trying to eat soup with a fish knife.<\/div>\n<div class=\"delicious-tags\">(tags: <a href=\"http:\/\/www.delicious.com\/DrDuru\/stock_market\">stock_market<\/a> <a href=\"http:\/\/www.delicious.com\/DrDuru\/trading_strategy\">trading_strategy<\/a>)<\/div>\n<\/li>\n<li>\n<div class=\"delicious-link\"><a href=\"http:\/\/blogs.hbr.org\/haque\/2011\/08\/the_great_splintering.html\">The Great Splintering &#8211; Umair Haque &#8211; Harvard Business Review<\/a><\/div>\n<div class=\"delicious-extended\">Underneath the surface chatter about police brutality and parental responsibility is a deeper fear, and a not unfounded one: that a social contract&#039;s been torn up. If you accept the possibility that there are many kinds of violence \u2014 not merely physical, but emotional, economic, financial, and social, to name just a few, then perhaps the social contract being offered by today&#039;s polities goes something like this: &quot;Some kinds of violence are more punishable than others. Blow up the financial system? Here&#039;s a state-subsidized bonus. Steal a video game? You&#039;re toast.&quot; (To be painfully clear, I don&#039;t think any form of violence is justifiable, excusable, or acceptable.)<\/div>\n<div class=\"delicious-tags\">(tags: <a href=\"http:\/\/www.delicious.com\/DrDuru\/banking\">banking<\/a> <a href=\"http:\/\/www.delicious.com\/DrDuru\/income_distribution\">income_distribution<\/a> <a href=\"http:\/\/www.delicious.com\/DrDuru\/United_Kingdom\">United_Kingdom<\/a> <a href=\"http:\/\/www.delicious.com\/DrDuru\/London\">London<\/a> <a href=\"http:\/\/www.delicious.com\/DrDuru\/social_unrest\">social_unrest<\/a>)<\/div>\n<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>The Battered Investment Class Has No Confidence in Markets, Companies, Banks, Governments &#8211; Forbes Over the past ten years investors have been battered by the dotcom bubble(off over 50%), 9\/11 (off over 25%), the credit crisis bubble(off 50%), the crash of commodities(down 25%) and now the government debt downgrade together with a dire European sovereign &#8230; <a title=\"links for 2011-08-14\" class=\"read-more\" href=\"https:\/\/drduru.com\/onetwentytwo\/2011\/08\/14\/links-for-2011-08-14\/\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-6717","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>links for 2011-08-14 - ONE-TWENTY TWO: Trading Financial Markets<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/drduru.com\/onetwentytwo\/2011\/08\/14\/links-for-2011-08-14\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"links for 2011-08-14 - ONE-TWENTY TWO: Trading Financial Markets\" \/>\n<meta property=\"og:description\" content=\"The Battered Investment Class Has No Confidence in Markets, Companies, Banks, Governments &#8211; Forbes Over the past ten years investors have been battered by the dotcom bubble(off over 50%), 9\/11 (off over 25%), the credit crisis bubble(off 50%), the crash of commodities(down 25%) and now the government debt downgrade together with a dire European sovereign ... 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