What I'm reading this morning:
- Broken Bond Market Complicates Fed’s Plan to Raise Rates (MoneyBeat)
- Alex Gurevich: The Fed is not stupid, nor does it know something you don't (Market Philosopher)
- RIP Rolling Stone (New York Times)
- JC Parets is bullish on energy and EM for Q2 (All Star Charts)
- All 3 Preconditions for Active Outperformance are Present (TRB)
- Would Ben Graham have hated index funds? Jason Zweig investigates! (Total Return)
- Conor Sen says we are racing toward full employment (CSEN)
- Larry Summers: The US has maybe lost control of the global economy (Washington Post)
- The Runaway Train Of Late Stage Fundraising (Tomasz Tunguz)
- What made Lou SImpson such an incredible investor? (25iq)
- The UK made all its financial advisors act as fiduciaries to their clients and the world didn't end (ETF.com)
- You can't learn everything from your heroes. (A Wealth of Common Sense)
- Mohamed El-Erian gets introspective: Life after PIMCO (OC Register)
- The Real Reason College Tuition Costs So Much (New York Times)
- Venezuela reaches the final stage of socialism: no toilet paper (Business Insider)
- Here's the most accurate headline the financial media has ever produced (Bloomberg)
