Bitcoin's Chaos and Death to Democrats

(Bloomberg View) -- Happy irrational exuberance day! Enjoy it with our Tuesday morning train reads:

  • This Could Be the Top ... buuuuuuut it might not be. (Irrelevant Investor); see also Dow rally peak? Don’t count out Dow 30,000 (USA Today)
  • Investing Lessons from the Dude. “Or, uh, His Dudeness, or uh, Duder, or El Duderino if you’re not into the whole brevity thing.” (25iq)
  • Will BlackRock and Vanguard Own Everything by 2028? (Bloomberg); see also Vanguard Begins Updating Its Investing Philosophy (Bloomberg View)
  • The Early Stage Slump (AVC)
  • Bitcoin Storms Wall Street (Barron’s); see also What the Hell Is Going On With Bitcoin? (the Atlantic)
  • Social Security: Is it really in danger of collapse? (USA Today)
  • Our fight against climate change is failing. One technology can change that. (Quartz); see also Wind Power Wins Converts in Rural U.S. (Wall Street Journal)
  • Why the Internet Should Be a Public Utility (Eudaimonia and Co.)
  • How New Yorkers Would Lose Under the Republican Tax Bill (New York Times); see also "Death to Democrats": How the GOP Tax Bill Whacks Liberal Tenets (Bloomberg)
  • Top 25 News Photos of 2017 (the Atlantic)

What are you reading?

Economies of American States and Cities Are Diverging

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This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.

Barry Ritholtz is a Bloomberg View columnist. He founded Ritholtz Wealth Management and was chief executive and director of equity research at FusionIQ, a quantitative research firm. He blogs at the Big Picture and is the author of “Bailout Nation: How Greed and Easy Money Corrupted Wall Street and Shook the World Economy.”

For more columns from Bloomberg View, visit http://www.bloomberg.com/view.

©2017 Bloomberg L.P.

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