Making Money, Renting Cars and Hiring Bankers

(Bloomberg View) -- My Tuesday morning train reads:

  • Moody’s slashes its outlook for the global asset management industry (Business Insider)
  • Automation Can Actually Create More Jobs (Wall Street Journal); see also Wall Street’s Old, Unwanted Bond Salesmen Find a Home in Chicago (Bloomberg)
  • Just How Much Do the Top Private Equity Earners Make? (DealBook)
  • Why Donald Trump Keeps Hiring Goldman Sachs Bankers (Slate); see also Goldman Sachs to Extend Its Reach in Trump Administration (DealBook)
  • With Uber and Lyft Nearby, Rental Cars May Be Ripe for a Comeuppance (New York Times)
  • Will Trump Scrap NASA’s Climate Research Mission? (ProPublica); see also Massive Seawall May Be Needed to Keep New York City Dry (Scientific American)
  • 50 Twitter accounts for investors to follow in 2017 (MarketWatch)
  • New evidence suggests a ninth planet lurking at the edge of the solar system (Washington Post); see also To Planet 9 -- and Beyond! (Discover)
  • "The Grand Tour" May Be The Most Illegally Downloaded TV Show In History (Jalopnik)
  • The scientific explanation for why humans are so convinced that aliens look like octopuses (Quartz); see also Octopuses and the Puzzle of Aging (New York Times)

What are you reading?

Low Volatility Is Not a Buy-and-Hold Strategy

Making Money, Renting Cars and Hiring Bankers

Want to receive our daily reads in your inbox? Sign up here!

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.”

To contact the author of this story: Barry Ritholtz at

For more columns from Bloomberg View, visit