Ritholtz's Reads: The Trader Joe's Smuggler

Barry Ritholtz is a Bloomberg View columnist. He founded Ritholtz Wealth Management and was chief executive and director of equity research at FusionIQ, a quantitative research firm. He blogs at the Big Picture and is the author of “Bailout Nation: How Greed and Easy Money Corrupted Wall Street and Shook the World Economy.”
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Time flies when the market swings -- and today looks rough as well. Your morning reads have arrived just in time:

  • Why Did the Stock Market Plummet Thursday? (TRB) see also Stocks Worldwide Extend Selloff as Brent Falls With Metals (Bloomberg)
  • Monetary Policy: An Unconventional Tool (FT)
  • Bill Gross's First Investment Outlook at Janus (Janus) see also Gross Sees a 'Happy Second Life' After Pimco Exit (WSJ)
  • Investors Say Political Discord Hurts Investment Climate; Income Equality Also Mentioned as a Negative (Gallup)
  • Inside the Booming Business of Kickstarter Coaches (Gizmodo) see also 2014: The Second Quarter in Numbers (Kickstarter)
  • The Man Who Smuggles Trader Joe's into Canada (Priceonomics)
  • Our Cities' Water Systems Are Becoming Obsolete. What Will Replace Them? (Vox) but see In Virtual Mega-Drought, California Avoids Defeat (LA Times)
  • 11 Charts That Should Make People Embarrassed About the US Healthcare System (Business Insider)
  • How Bill Murray Was Wooed By a Hollywood No-Name (WSJ) see also How Bill Murray Went Missing During Letterman's First Episode (Digg)
  • 'Calvin and Hobbes' Creator Bill Watterson Returns to the Comics Page -- to Offer a Few 'Pearls' Gems (Washington Post)

What's up for the weekend?

S&P 500 Sector Breadth Levels

This column does not necessarily reflect the opinion of Bloomberg View's editorial board or Bloomberg LP, its owners and investors.

To contact the author on this story:
Barry L Ritholtz at britholtz3@bloomberg.net