Ritholtz's Reads: Meet the Next Generation of Robots

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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Hey, it's Thursday. You are so close to the weekend, when you can start working on that summer reading list. Meanwhile, our morning train reads:

• How the Red Cross Raised Half a Billion Dollars for Haiti ­and Built Six Homes (ProPublica)

• Goldman Sachs to Companies: Stop Buying Back Your Stock (Bloombergsee also Why to Pay Attention to Today’s Buyback Boom (BlackRock)

• Is Revolution Coming in the Auto Industry? (Bloomberg View)

• Oppenheimer’s Wald: What you need to understand about Dow Theory (TRB)

• Meet the New Generation of Robots for Manufacturing (WSJ)

• How OPEC Hurt Big Oil: Vienna meeting amounts to a counseling session—but no one expects good times soon (WSJ) see also Warnings over oil debt are getting louder (FT)

• Leading Economists Now Lean Left (Bloomberg View)

• How Facebook’s video-traffic explosion is shaking up advertising (Fortune)

• Congress turns away from post-9/11 law, retooling U.S. surveillance powers (Washington Post) see also Everyone’s heard of the Patriot Act. Here’s what it actually does. (Vox)

• How a curmudgeonly old reporter exposed the FIFA scandal that toppled Sepp Blatter (Washington Post)

What are you reading?

Buybacks as a percent of total cash use at highest level since 2007


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