
What I'm reading this morning:

Stuff I’m Reading this Morning…
Stocks shrugging off geopolitics this morning, headed higher. (TheStreet)
It’s official: The Alibaba IPO is on the way. (Reuters)
Russian billionaires get margin calls too, this is today’s Schadenfreude Special: (Bloomberg)
Mohamed El-Erian joins Twitter! (BusinessInsider)
Why the market should be more expensive that it has been historically. (PhilosophicalEconomics)
Jason Zweig on how investors can keep their emotions from dominating decision-making. (WSJ)
Jeremy Grantham (GMO) is not capitulating, just learning to live with the bubble. (Barrons)
So many activist investors running around they’re tripping all over each other. (Reuters)
Michael Wolff: Business Insider is raising more capital, but for what exactly? (USAToday)
And you though the US had problems with economic stratification, take a look at inequality in Britain: (Guardian)
List of Markets Not Tampered With By Bankers, Traders, Dominant Corporates & Hedge Funds. (Cassandra)
Scientists use nanomaterials to supercharge photosynthesis in plants, brave new world. (Wired)
Miley’s new lip tattoo is f***ing gross. (Buzzfeed)
My book, Backstage Wall Street, available at Amazon