Below you will find the articles on economics, investing, and finance that we found most interesting for the week.
NB: ($) denotes subscription site.
The best way to make money in the long run is common sense. Avoid the “hot” new industry. Pay fair prices for established businesses.
Another consequence of the two-speed (fast for the rich; slow for the rest) economic recovery: renters outnumber homeowners more than ever before.
Article via Wall Street Journal ($)
Is personal health monitoring the “killer app” for wearable devices like the upcoming Apple Watch?
Article via Wall Street Journal ($)
Taiwanese snack and dairy tycoon Tsai Eng-Meng, sees tough times ahead for Chinese consumers as his company will shrink for the first time since 2008 after years of ~20% growth. Has the slowdown in China spread beyond just the real estate and luxury goods markets?
Pension plans are going to be a continuing drag on companies that have them due to increasing life expectancy and low rates of return on bonds.
McKinsey finds the world has made no progress in deleveraging since the financial crisis. In fact, global debt to GDP has risen substantially instead (to 286%).
“Debt and (not much) deleveraging” via McKinsey Global Institute
Summary of the report in The Economist ($)
The state of U.S. drug pricing is nearly untenable.
Article via Financial Times ($)
A profile of, Zulily, the flash sale e-commerce giant that “does everything wrong.”
