Time Bombs, Algorithms and Easy Money

(Bloomberg View) -- My back-to-work morning train reads:

  • This is the stock market crash we needed: The era of easy money is over. That’s no bad thing (Spectator); see also 401(k) investors’ stock market “correction” survival guide (USA Today)
  • Market Time Bomb Bigger Than VIX: Loan funds could have a destabilizing effect. (Bloomberg Businessweek)
  • Exit Interview: Mark Mobius on 30 Years of Emerging Markets (Barron’s)
  • When Investing in Stocks Makes You Feel Like Throwing Up and You Do It Anyway (MoneyBeat)
  • Canada’s housing market flirts with disaster (Financial Times)
  • The Shutdown Lesson People Seem to Have Trouble Learning (FiveThirtyEight)
  • You May Now Kiss the Algorithm (Wall Street Journal)
  • The Real Reason NASA Created Makeup for Women Astronauts (Racked)
  • A (so far) complete timeline of the investigation into Trump and Russia (Washington Post)
  • Podcast Listeners Really Are the Holy Grail Advertisers Hoped They’d Be (Wired)

Be sure to check out our Masters in Business interview with Jack Devine, a 32-year veteran of the Central Intelligence Agency and a former acting director of CIA operations. He is the author of “Good Hunting: An American Spymaster’s Story.”

The Market Time Bomb That’s Bigger Than the VIX

Time Bombs, Algorithms and Easy Money

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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 britholtz3@bloomberg.net.

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