Uber's Most Controversial Move Yet

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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My two-for-Tuesday hand curated morning train reads:

  • Peter Lynch’s Secret to Finding Value Is Coming Up Empty in the S&P 500 (Bloombergbut see Wall Street’s Still Too Bearish on US Stocks (TRB)
  • Gold Gains Allure as U.S. Economy Stumbles: Some investors return to gold, seeing a bargain and a haven as expectations of sharp rate hikes recede (WSJ)
  • Winners and Losers of the Fed’s QE (Bloombergbut see Bernanke on Monetary policy and inequality (Brookings)
  • Homeownership is no longer the linchpin of the American dream (Quartz)
  • Easy Access to Money Keeps U.S. Oil Pumping (WSJsee also Prices Are Down, but Saudis Keep Oil Flowing (NYT)
  • The crowd will see you now: Company taps Web for tough diagnoses (Lompoc Record)
  • Risk Parity Is Even Better Than We Thought (AQRsee also Tactical Asset Allocation: Beware of Geeks Bearing Formulas (Alpha Architect)
  • The rise and fall of Subway, the world’s biggest food chain (Washington Post)
  • This may be Uber’s most controversial move yet (Fortunesee also Carnegie Mellon Reels After Uber Lures Away Researchers (WSJ)
  • Bill Gates: The most predictable disaster in the history of the human race (Vox)

What are you reading?

Nominal GDP & After-Tax Corporate Profits

Dr. Ed Yardeni

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

To contact the editor on this story:
Cameron Abadi at cabadi2@bloomberg.net