What I'm reading this morning:
- The big banks got their stress test results from the Fed last night - who's hot and who's not? (Wall Street Journal)
- How Big Oil Is Profiting From the Slump (Bloomberg)
- Shake Shack blows its first quarter as a public company - or sets the table with reasonable expectations (Quartz)
- Andy Thrasher: The U.S. Equity Chart I’m Watching Right Now (AThrasher)
- Alibaba investing in Snapchat at a $15 billion valuation (Bloomberg)
- Currency-hedged Europe is the most crowded ETF trade (ETF.com)
- Matthew Ingram on why Gigaom died (too respectable? too much VC pressure?) (Columbia Journalism Review)
- BlackRock’s Fink, McKinsey Lead Group Fighting Wall Street Myopia (Wall Street Journal)
- Ray Dalio on the Power of Not Knowing (Institutional Investor)
- Bill Bernstein: Rule No. 1 Is Stick To Your Plan (ETF.com)
