Here are some of the posts that caught my eye. Hope you find something interesting.
- $292 Million Down The Drain: White House Fires Main Obamacare IT Contractor. (ZeroHedge)
- Consumer Electronic Show 2014 ‘Best Of’ Awards Lists Roundup. A list of lists. (TIME)
- Awesome: A New York Times bot is second-guessing NFL coaches on Twitter. (GigaOM)
- 2013's Most Striking Fine Art Photography. (HuffingtonPost)
- The 40 Most Viral YouTube Videos of 2013. (Mashable)
- Confessions of an Institutional Investor. (Big Picture)
- Hugh Hendry Throws In the Bearish Towel: His Full Must-Read Letter. (Zerohedge)
- Rasmussen Investor Index Reaches Six-Year High. (RasmussenReports)
- Here Is a List of Market Predictions for 2014. (StockTwits)
- The Probability Problem. "Unlikely" happens with surprising frequency. (PragCap)
Global Risks 2014: The Key Risks Indentified at the World Economic Forum
Just read a pretty good analysis of "Global Risks" (where Global Risk is defined as an occurrence that causes significant negative impact for several countries and industries over a time frame of up to 10 years).
A key characteristic of global risks is their potential systemic nature – meaning that they have the potential to affect an entire system, as opposed to individual parts and components.
Here are the Top 5 Global Risks, based on likelihood and severity of impact.
via World Economic Forum.
So, the big issues are: Financial Crisis caused by or in conjunction with ... Social Problems (employment levels and income disparity), Environmental Issues (e.g., climate and weather), and/or Cyber Threats. Surprise, Surprise, Surprise ...
The WEF article is much more nuanced and worth reading if you are interested.
On a related note, here is a video clip where Jon Stewart discusses the World Economic Forum:
The Daily Show
Get More: Daily Show Full Episodes,The Daily Show on Facebook
It is a little funny to think about a group of the world's wealthiest people gathering in an secluded mountain enclave to discuss concerns over income inequality.
Posted at 03:56 PM in Business, Current Affairs, Just for Fun, Market Commentary | Permalink | Comments (0) | TrackBack (0)
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