Tax Cuts, Haircuts and the Death of Truth

(Bloomberg Opinion) -- My Thursday morning train reads:

• Trump’s Botched Putin Summit May Help Protect the Russia Probe (Bloomberg Businessweek)
• Netflix was the great disruptor. Will it now be disrupted? (Washington Post)
• The Most Important Number in Finance Is Going Away. Wall Street Isn’t Prepared (New York Times)
• Ray Dalio Needs China. Does China Need Ray Dalio? (Institutional Investor)
• The Demise of Toys “R” Us Is a Warning (the Atlantic)
• What really went wrong in the 2008 financial crisis? (Financial Times)
• Trump’s Tax Cut Hasn’t Done Anything for Workers (Bloomberg Opinion)
• Can Economists and Humanists Ever Be Friends? (New Yorker)
• Can truth survive this president? An honest investigation. (Washington Post); see also The death of truth: how we gave up on facts and ended up with Trump (the Guardian)
• Your Haircut Is (Probably) Too Cheap (Wall Street Journal)

What are you reading?

5 largest S&P 500 stocks = market capitalization bottom 282 S&P 500 stocks

Source: Irrelevant Investor

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

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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