What I'm reading this morning:
- Lending Club blows up, CEO resigns (Benzinga)
- The titillating and terrifying collapse of the dollar. Again. (Michael Pettis)
- China Revamps Credit Expansion as PBOC Balance Sheet Shrinks (Bloomberg)
- What Wall Street is missing: Europe is getting better (ValueWalk)
- Financial sector ♥'s Hillary (Wall Street Journal)
- Trump wants to raise taxes on the super-rich. At least, that's what he's saying this week. (Reuters)
- Krugman: "Truly, Donald Trump knows nothing. He is more ignorant about policy than you can possibly imagine" (New York Times)
- Offshore finance: more than $12tn siphoned out of emerging countries (Guardian)
- Hedge Funds Take Bullish Gold Bets to Highest Since 2011 (Bloomberg)
- The more capital a strategy attracts, the worse the returns (ETF.com)
- Is Human Progress Real or An Illusion? (Farnam Street)
- It's Evan Spiegel's world — we're all just snapping in it (Recode)
