Wanting a Rally: Weekend Reading

Lastly, here are some articles and papers worth reading:

• BP(BP) installs fully functioning BOP on Macondo (Oil & Gas Journal)
• Japan Has More Than Just a Yen Crisis (Businessweek)
• The Deal Is Simple. Australia Gets Money, China Gets Australia (Businessweek)
• F-Bombs, Vanishing Billions Spice Rattner's Inside Tale of Auto Rescue (Bloomberg)
• Barron's picks homebuilders (Barron's)
• The U.S. as Superbroke, Superfrugal, Superpower (The New York Times)
• Debt load weighs on L.A.-Long Beach ports' rail expressway (Los Angeles Times)
• Hot rocks and high geothermal hopes (The Economist)
• The odd U.S. decouple from the global economy (The Economist)
• Global trade value up by about 25% in the first half of 2010 (World Trade Organization)
• Airline Fees and Fares Turn Small Recovery Into Big Profits (The New York Times)
• J. Craig Venter's Corporate Strategy: The Scientific Method (The New York Times)
• The myth of exponential growth (Prudent Bear blog)
• Credit default swap tango (Prudent Bear blog)
• The Optimistic Thought Experiment (Hoover Institution)
• No Money Down Mortgages Creep Back (The New York Times)
• America has a cow over Alan Simpson's candor on deficits (The Washington Post)
• Portage: Path Dependence and Increasing Returns in U.S. History (National Bureau of Economic Research)
• How set-tops got stuck in a TV transition (EETimes)
• The Many Iterations of William Shatner (The New York Times)
• 2010 All-America Fixed-Income Research Team: The Incredible Shrinking Market (Institutional Investor)

--Written by Paul Kedrosky in La Jolla, Calif.

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