Ritholtz's Reads: Welcome to the Crash

Here are your morning train reads.

Welcome back to work after the long holiday break. The first morning train reads of 2016 coincide with a crash that started in Asia: 

• China Halts Stock Trading After 7% Rout Triggers Circuit Breaker (Bloombergsee also Global Shares Tumble as Fears Rise Over Fresh Turmoil (NYT

• Maybe stocks are priced right and your valuation measure is wrong (Marketwatch

• How DOL Fiduciary Rule Will Change the Industry, and Careers (Think Advisor

• Fear Not the Bubble, Academic Says: Market values crashed only one out of ten times following a major boom over the last 115 years, research has found. (Chief Investment Officersee also Bubble Investing: Learning from History (Social Science Research Network

• FASB Proposes to Curb What Companies Must Disclose (NYT

• It’s a Brand-New Year — Why Fear the Future? (Re/Code

• What Do You Consider the Most Interesting Recent [Scientific] News? What Makes It Important? (Edge

• U.S. Bread Basket Shifts Thanks to Climate Change (Scientific American

• Bill Gates: The Billionaire Book Critic (NYT

• Calculated Risks From the Coach Who Never Punts (A Wealth of Common Sense

Hedge funds had their worst performance relative to risk since 2008 despite low volatility

hedge funds

Source: BAML

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    Barry L Ritholtz at

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