This post provides links to a number of interesting articles I have read over the past few days that you may also enjoy.

• Randall Forsyth (Barron’s): Synchronicity and stock prices, November 3, 2009. In a post-bubble world, equities move in sync with the cycle - worrying given the loss of momentum. As albert Edwards concludes, “the trend is your friend until it hits a bend. Beware, we may have just hit one.”

• Judy Chen (Bloomberg): Stiglitz says US is paying for failure to nationalize banks, November 2, 2009. Nobel Prize-winning economist Joseph Stiglitz said the world’s biggest economy is suffering because of the US government’s failure to nationalize banks during the financial crisis. “If we had done the right thing, we would be able to have more influence over the banks,” Stiglitz told reporters. “They would be lending and

CBRC Official Says U.S. Bonds Not Only Option, China News Says

By Judy Chen

Feb. 13 (Bloomberg) — China Banking Regulatory Commission official Luo Ping said holding U.S. government bonds is not the only option for investing reserves, clarifying comments made a day earlier, the China News Service reported.

U.S. debt is one option in addition to gold and other government debt, Luo, head of the training center at the banking regulator, was quoted as saying in an interview with the news agency late yesterday. If the U.S. government issues too much debt in its efforts to revive the economy, all Treasury holders will suffer losses, he added, the Chinese-language report said.

Dow Jones on Feb. 11 cited Luo as saying that there are few real alternatives to holding U.S. Treasury securities. CBRC said late yesterday in a statement that Luo’s comments don’t represent the view of the regulator.