Underground Banks Go Under, and So Do Beachfront Homes

(Bloomberg Opinion) -- Your POTUS-free morning train reads:

  • Cheap Stocks, 2% Bonds and Modest Earnings Built Record Bull Run (Bloomberg)
  • Massive P2P Failures in China: Underground banks going under (Petersen)
  • Sorry, Pal, I Don’t Want to Talk: The other reason people wear AirPods (Wall Street Journal)
  • How Sugar Subsidies Are Ruining Dozens of Florida Beaches, and Destroying Vast Quantities of Marine Life (FEE)
  • Facebook’s Flawed DNA Makes It Unable to Fight Misinformation (Monday Note) see also Nobody Trusts Facebook. Twitter Is a Hot Mess. What Is Snapchat Doing? ( Bloomberg)
  • Fleeing Venezuela’s Crushing Economic Crisis (The Atlantic)
  • Sea Level Rise Is Eroding Home Value, and Owners Might Not Even Know It (Washington Post)
  • Learning Is a Learned Behavior. Here’s How to Get Better at It. (Harvard Business Review)
  • Who is David Pecker?: Michael Cohen’s plea explains National Enquirer publisher’s role (Newsweek)
  • Nobel Golfer: The winner of the Nobel Prize in Economics has ideas for the game (Golf Digest)

What are you reading?

Make Coal Great Again?

Underground Banks Go Under, and So Do Beachfront Homes

Source: Bloomberg

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

Barry Ritholtz is a Bloomberg Opinion columnist. He founded Ritholtz Wealth Management and was chief executive and director of equity research at FusionIQ, a quantitative research firm. He is the author of “Bailout Nation.”

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