The Big Squeeze, School Choice and Happiness

(Bloomberg) -- May has finally arrived! Enjoy the new month with our Tuesday morning train reads:

• The Big Squeeze: Why the Stock Market’s Bull Run Faces Its Biggest Threat in Years (Investor’s Business Daily) but see The Data Has Spoken: Buy Stocks! (All Star Charts)
• How Wall Street Bought Toys ‘R’ Us And Left 30,000 People Without Jobs (BuzzFeed)
• Stock Buyers Lose Bond Foundation for Steep Valuations (Bloomberg Gadfly) but see Expensive stocks may not be so dear after all (MoneyWeek)
• Stall Speed, Flattening Yield Curve, and the Longest Expansion (Dr. Ed’s Blog)
• Architect of Greatest Trade Ever Hit by Losses, Redemptions Postcrisis (Wall Street Journal); see also David Einhorn Finds Victories More Elusive Since Winning Lehman Bet (Wall Street Journal)
• Q&A: How an Economist Unlocked Hidden Truths About School Choice (Real Time Economics)
• The president is seeking to destroy journalism. Now let’s debate dinner entertainment! (Washington Post); see also Hey, Washington, the Joke’s on You (Bloomberg View)
• Charlie Douglass and his Laff Box invented the laugh track as we know it. (Slate)
• People Overestimate the Happiness New Purchases Will Bring (the Inquirer); see also Guide to Happiness (Time)
• Snowstorm on a comet! (Syfy Wire)

What are you reading?

Forget Caterpillar’s Freakout. The S&P 500 Profit Picture Looks Rosy

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

To contact the author of this story: Barry Ritholtz at britholtz3@bloomberg.net.

To contact the editor responsible for this story: Brooke Sample at bsample1@bloomberg.net.

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