What I'm reading this morning:
- Worst ever start to the year for Dow Jones Industrials (http://www.wsj.com/articles/global-stocks-gain-some-respite-1452243425?mod=rss_whats_news_us)
- Morgan Stanley: Oil is heading to $20 (Bloomberg)
- Stock market breadth is now worse than it was during August's plunge (Andrew Thrasher)
- Is the China debacle going to negatively impact US investment banks? You're goddamn right it will. (Financial Times)
- ...which may be why they're firing everyone (Bloomberg)
- "Is an acid bath refreshing? If so, welcome to 2016." (Value Walk)
- The Farce Awakens (TRB)
- JC on the relative strength of megacaps (All Star Charts)
- Rhode Island teachers have called upon both the S.E.C. and F.B.I. to investigate some very serious allegations. (A Teachable Moment)
- Hedge Fund Veterans Who Blew Themselves up Now Courting Chinese Investors (Fortune)
- Larry Swedroe shreds the "sure thing" predictions of 2015. It's like fish in a barrel. (ETF.com)
- Yahoo rank-and-file have given up on Marissa's endless turnaround (New York Times)
- Another fake financial advisor steering client assets into a shell corporation (Cleveland.com)
- Sad news - David Bowie dead at 69 (New York Times)
