TSA Budget Cuts, Millionaires and Superguns

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 Memorial Day reads:

• When Congress cut TSA's agency budget last year, long lines appeared this year (NYT)

• Wall Street’s New Balance Sheet Is an ETF (Gadfly)

• Corporate America Chases the Mythical Millennial (NYT)

• Gold: The History of An Obsession (Irrelevant Investor)

• Higher Taxes Don’t Scare Millionaires Into Fleeing Their Homes After All (Bloomberg)

• Hedge Fund Investing (Journal of Accountancy)

• A First Look at America’s Supergun: Railgun projectile being adapted for use in conventional weapons (WSJ)

• Garden Bridge Versus Pier 55: why do New York and London think so differently? (The Guardian)

• Has a Hungarian Physics Lab Found a Fifth Force of Nature? (Scientific American)

• Clinton Is Still the Favorite (WSJ)

Be sure to check out our Masters in Business interview this weekend with Burton Malkiel, author of "A Random Walk Down Wall Street" and professor at Princeton.

This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.

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

To contact the editor responsible for this story:
James Greiff at jgreiff@bloomberg.net