My nasty-icy-morning reads while you are waiting for mass transit to unsnarl:

• Doubts about the Fed’s plans are boosting bonds -- to the surprise of many (WSJ)
• Everything You Need to Know About the Emerging-Market Currency Collapse (The Atlantic), see also Understanding emerging-market turmoil (Vox)
• How Economics PhDs Took Over the Federal Reserve (Harvard Business Review)
• Better Ways to Teach Teens About Money? In a Contest, a Simple Idea Wins Out. (WSJ)
• In Fund Expenses, Tenths of a Point Mean a Lot (NY Times)
• Battles Loom in Many States Over What to Do With Budget Surpluses (NY Times)
• Why Microsoft Got It Right With New CEO Satya Nadella (Wired), see also Microsoft Has a New CEO -- Here’s How It Makes Money (Slate)
• Climate change is slowly but steadily cooking the world’s oceans (Quartz)
• In 1991, the iPhone would have cost $3.56 million dollars (Tech Policy Daily), based on Everything from 1991 Radio Shack ad I now do with my iPhone (Trending Buffalo)
• The 2014 Sony World Photography Awards (The Atlantic)

Can someone tell me what is going on with this miserable weather?

Small Banks Face TARP Hit

Source: WSJ
Source: WSJ

To contact the writer of this article: Barry Ritholtz at

To contact the editor responsible for this article: Alex Bruns at