What I'm reading this morning:
- Hillary clinches the Democratic nom (CNN)
- You Know Almost Nothing About the Economy; Get Used to It (Wall Street Journal)
- Don't fall out of your chair: Valeant misses on earnings (The Street)
- SEC may use the 1940 Act to rein in the 170 leveraged ETFs that trade (Wall Street Journal)
- E-Trade launches a roboadvisor that no one is asking for (New York Times)
- Twitter working on its fifth head of product (Recode)
- Alan Blinder: Trump has no idea what Dodd-Frank even is (Wall Street Journal)
- "It is the first ten years of a retirement that have the biggest effect on whether a retirement plan succeeds or fails." (ValueWalk)
- "The image and, therefore, expectation of active managers is that they are Sherlock Holmes-style detectives gathering facts, interviewing witnesses, and developing theories to inform their investment judgments." (Enterprising Investor)
- Make The Neanderthals Great Again! (A Teachable Moment)
- Hef's neighbor will buy the Playboy Mansion and annex it upon his death (DealBreaker)
