Protesters and police clash at a Trump appearance in Burlingame, California, on April 29.

Photographer: JOSH EDELSON/AFP/Getty Images

U.S. Political Life Has Yet to Hit Rock Bottom

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Get Ready for U.S. Politics to Reach New Lows

A Trump/Clinton battle in the general election will make the primaries look dignified, Albert R. Hunt warns, with two maestros of mudslinging -- Roger Stone on the Republican side and David Brock on the Democrats' -- promising a historically ugly fight.

Establishment Man Hates the Establishment

President Barack Obama's foreign affairs message guru Ben Rhodes has nothing but contempt for the policy establishment, according to a recent (and controversial) New York Times Magazine profile. But Rhodes is hardly an outsider, Eli Lake notes, and his posturing reveals a basic error in the way the Obama administration approaches international affairs. 

Elon Musk's Vision Isn't Enough to Power Tesla

If the electric-car manufacturer wants to achieve its nearly impossible goals, ambition alone won't be enough, Edward Niedermeyer says. Instead, the high-end automaker needs to emulate ... Toyota.

Why China Is So Prone to Bubbles

Chinese government policy drives money into asset class after asset class, and officials are doubling down on losing strategies. The issue is surplus liquidity, and Christopher Balding warns of mounting risk.

Don't Panic; It's Only a Tech Bust

The unicorns are dying, venture capital is drying up -- it looks like the latest startup boom is finally petering out. So why aren't investors seized with a sense of impending doom? Noah Smith says this time, the financial system is working the way it should.

Ritholtz's Reads

  • B2C robo-advisors are dying as growth rates crash (Kitces)
  • The fiduciary journey: Retirement advice will never be the same (InvestmentNews)
  • Siri's creators say they’ve made something better that will take care of everything for you (The Switch)

(Read Barry Ritholtz's full daily news roundup.)

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