What I'm reading this morning:
- Eurozone unemployment just plunged at the fastest pace in over 8 years (Business Insider)
- 63% of all US Treasury bond trading is handled by 5 Chicago HFT firms (Contrarian Corner)
- 99% of the time, we can expect S&P 500 returns to be between 20.57% and 1.49% (Greenspring)
- Income equality is bad, but retirement equality is even worse (Bloomberg View)
- Why the future of indexing will not be market cap-weighted (Investor Field Guide)
- Theranos was such a great story that almost nobody bothered to look closely (New York Times)
- Of course there were deep ties between Goldman and the Valeant dealmaking machine (Bloomberg)
- The subadvisors of famed value fund Sequoia try to explain why 30% of their assets are invested in this shitshow (Sequoia Fund)
- Oy vey: "Mutual Funds Flail at Valuing Hot Startups Like Uber" (Wall Street Journal)
- Izzy explains the Nasdaq's intentions to settle trades using the blockchain (FT Alphaville)
- These are the assets the "super rich" leave behind when they die (Real Time Economics)
- How to be a good client (A Wealth Of Common Sense)
- Investors: Come meet Ben Carlson in NYC next month! (The Big Picture)
