(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
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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.”
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