Maybe we should put on rose-colored glasses or at least take some Zoloft. According to economist Peter Atwater, many of our current problems — including anemic economic growth and growing perceptions of income/wealth inequality — are actually systematic conditions caused by extreme pessimism. The negative doom-‘n’-gloom cycle is causing us to be depressed and therefore hurting the economy. Here is Atwatis at MarketWatch explaining his take on our under-confidence.
Beyondbrics (Marcin Piatkowski): You know who exudes confidence? Poland. It could be the model for economic growth for everyone.
ETF.com (Dennis Hudachek): There’s actually a commodity exchange-traded fund that provides great returns and no tax hassles/counterparty risk. Sign me up.
DealBook (William Alden): Twitter’s (TWTR) #YesAllWomen rights campaign might have scored some big Wall Street support — at least in terms of marketing feminism. Next up: an index fund based on stocks that have women as a significant portion of their executives.
OilPrice.com (Andy Tully): Is that your cell-phone charger in your pocket or are you just happy to see me? Now, you can charge electronic devices with your pants.
Washington Post (Sam Forgione): Despite his ongoing insider trading investigation, it’s business as usual for Carl Icahn. He might now
Macro Business (Staff): The housing market isn’t just an issue here. China should start panicking now.
Wall Street Journal (Liyan Qi and Wayne Ma): Meanwhile, China and the United States’ solar war continues to escalate. New tariffs are on the way.
CNNMoney (Patrick M. Sheridan): Tesla (TSLA) bulls have another reason to smile. Tony Stark … er, Elon Musk … is staying for at least four to five more years.
Verge (Cassandra Khaw): Science is cool. You can now go see a living copy of Vincent van Gogh’s severed ear in a museum in Germany.
