What I'm reading this morning:
- Puerto Rico may default on a $58 million bond payment this weekend, no biggie (Wall Street Journal)
- LinkedIn crushes it on Q2 earnings report (ValueWalk)
- NBC Universal investing big money in Buzzfeed and Vox because people under 30 don't watch live TV (Recode)
- Noah Smith: The secret to a great economy (Bloomberg View)
- China's stock markets have been trading in wild swings for 25 years (Wall Street)
- Does a breakdown in market breadth help predict major tops? (Irrelevant Investor)
- Technical analysis is like forecasting the weather - probabilistic. (Alpha Trends)
- Index masters at SPDJI call BS on the whole "six stocks make up the whole market gain this year" meme (Indexology)
- Larry Swedroe vs the predictions of Marc Faber (makes popcorn...) (ETF.com)
- LOL @ Rand Paul shorting Treasurys during the height of the debt ceiling fight he helped instigate (The Nation)
- FBI source says banks are being shaken down for money by hackers (MarketWatch)
- People you don't want to invest with (A Wealth Of Common Sense)
- Why 'Fear the Walking Dead' could give a boost to AMC Networks shares (Benzinga)
- Don't miss my new piece for Fortune on flat markets (Fortune)
