Daily Reading on the Financial Markets: 4/5/13
From Salon, a great interview with Jim Chanos, who spells out the perverse incentive structure that rewards cheaters on Wall Street.
From Business Insider, Richard Koo believes that currency markets are misinterpreting QE, and failing to realize that Central Banks pushing on a string with QE.
Ambrose Evans-Pritchard at the Telegraph suggests what many of us already believe: that QE is irreversible.
The age demographics of employment gains over the last 4 years remains astonishingly underpublicized. Thanks to Zero Hedge for beating the drum: