What I'm reading this morning:
- Can't even: Tsipras caves overnight - agrees to most of creditors' terms. This is unbelievable! (Financial Times)
- ADP: Private Payrolls up 237k from May to June (Calculated Risk)
- ACE Agrees to Buy Chubb for $28.3 Billion (Wall Street Journal)
- Merrill Hires ‘Methuselah’ Barclays Advisor; “Bidding against themselves…” (AdvisorHUB)
- I bet you can't even guess what America's favorite fast food chain is (TIME)
- Ohmygod, really can't even: Bill Gross has warned that his former employer’s liquidity management strategies are “counterintuitive” and prove high risk in the event of a major market shock. (CIO)
- Julian Robertson (Tiger) did a rare TV appearance to talk Greece / China (Market Folly)
- There Are Now More Stock Traders in China Than Communist Party Members - CANNOT EVEN (Bloomberg)
- Can't even - "Hedge Funds Fight to Save Puerto Rico Investments" (DealBook)
- Consuming Financial News Without Being Consumed By It (Jason Zweig)
- What if risk-free returns go away slowly (A Wealth Of Common Sense)
- The new Hillary emails - just stop, can't even. (Business Insider)
