The Big Picture

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• Long-term Finance: Can emerging capital markets help?
• Is Richard Sherman The NFL’s Best Corner?
• Sovereign Debt Stresses
• 10 Sunday Reads
• Baumgartner’s 24 Mile Freefall in HiDef
• How accurate is the groundhog?

Long-term Finance: Can emerging capital markets help? Posted: 03 Feb 2014 02:00 AM PST

Is Richard Sherman The NFL’s Best Corner? Posted: 02 Feb 2014 10:00 AM PST Source: The Onion

Sovereign Debt Stresses Posted: 02 Feb 2014 09:00 AM PST Source: JP Morgan

10 Sunday Reads Posted: 02 Feb 2014 06:00 AM PST Easy like my Sunday morning reads: • Wall Street Attracts Chop Shops 20 Years After 'Wolf' (Bloomberg) • Retiring on Your Own Terms (MoneyBeat) see also Jason Zweig's "Magic" Number for Retirement (Reformed Broker) • The Argument for Mandatory 401(k) Participation (Morningstar) • How do US taxes compare internationally? (Tax Policy Center) see also Anyone Who Thinks America Has High Taxes Needs To Look At These Charts (Business Insider) • Apple devices flow into corporate world (WSJ) • Bernanke Secret Sauce Drops Effective Fed Rate as QE Quantified (Bloomberg) see also Fed Policy Makers Rally Behind Tapering QE asYellen Era Begins (Bloomberg) • Google and Motorola in the Wake of Nortel (Digitopoly) but see The Inside Story of the Moto X: The Reason Google Bought Motorola (Wired) • Pot's Sobering Lessons From Prohibition (Bloomberg) • Who Runs Freedom Industries? West Virginia’s Chemical Spill Mystery (Businessweek) • The 12th man? Ask Texas A&M about it — they trace it to a January 1922 Aggie football game (WSJ) Happy Chinese New Years, Dim Sum for Brunch?   Retailers Lower Expectations After Cutthroat Season Source: WSJ

Baumgartner’s 24 Mile Freefall in HiDef Posted: 02 Feb 2014 05:00 AM PST October 14, 2012, Felix Baumgartner ascended more than 24 miles above Earth’s surface to the edge of space in a stratospheric balloon. Millions across the globe watched as he opened the door of the capsule, stepped off the platform, and broke the speed of sound while free falling safely back to Earth. Felix set three world records that day—and inspired us all to reach beyond the limits of our own realities, and reimagine our potential to achieve the incredible Wow: Via Yahoo!

How accurate is the groundhog? Posted: 02 Feb 2014 04:00 AM PST Not so good – less than chance, in fact. Approximately 90% of the time, Phil sees his shadow. Records indicate he’s right just 39% of the time — worse than a coin flip. Phil and his ancestors have been doing this since 1887 in Punxsutawney, Pennsylvania. -Wit & Wisdom

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