Weed, Greed, Recession and All Those Amazon Returns
(Bloomberg Opinion) -- My morning train reads:
• Weed Versus Greed on Wall Street: As potential profits in cannabis grow, big banks and blue-chip investors will lose their reticence about the pot business (Wall Street Journal)
• Do Longer Expansions Lead to More Severe Recessions? (Federal Reserve Bank of Cleveland)
• The Rise of Netflix Competitors Has Pushed Consumers Back Toward Piracy (Vice)
• This Is What Happens When You Try to Sue Your Boss (Bloomberg Businessweek)
• Where Amazon Returns Go to Be Resold by Hustlers (The Atlantic)
• The World’s Think Tank Dilemma (Japan Times)
• “Venture capital money kills more businesses than it helps,” says Basecamp CEO Jason Fried (Recode)
• White House Tips for Surviving the Shutdown (Reformed Broker)
• What I Learned by Eating Only Meat for a Month (Outside) but see A high-carb diet may explain why Okinawans live so long (BBC)
• Novak Djokovic Went Back To His Old Serve — And Back To No. 1 (FiveThirtyEight)
Source: Washington Post
This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.
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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