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Hot Links: Trillion Dollar Siphon

Posted May 9, 2016 by Joshua M Brown

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)

For disclosure information please visit: https://ritholtzwealth.com/blog-disclosures/

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  • September 7, 2016 Clips from Today’s Halftime Report
  • March 17, 2011 Join me on FT Alphaville's Markets Live!
  • @reformedbroker

Joshua M. Brown

I’m a New York City-based financial advisor at Ritholtz Wealth Management LLC. I help people invest and manage portfolios for them.  For disclosure information please see here.

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