Big Debt, Big Drought and Big Risk

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 pre-flight hotel reads:

  • The Most Powerful Man in Banking: Fed governor Daniel Tarullo (Wall Street Journal)
  • Billion-Dollar Club Grows by 98 in 2015, Controls 88% of Industry AUM (FINalternatives)
  • Why Employers Have Lost the Upper Hand (Strategy+Business)
  • Trillions in Debt -- but for Now, No Reason to Worry (WSJ)
  • A Worrisome Pileup of $100 Million Homes (New York Times)
  • The incredible miracle in poor country development (Noahpinion)
  • Can the worldwide boom in digital fact-checking make the leap to TV? (Poynter)
  • Donald Trump is the ultimate tail-risk candidate, but voters aren’t focusing enough on how risky he is (Business Insider); see also Shady accounting underpins Trump’s wealth: The GOP nominee is rich. But how rich depends on odd accounting and subjective criteria. (Politico)
  • We’re in Year Five of California’s Drought (Slate)

What are you reading?

Another Trillion Dollars for Private Equity

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:
Brooke Sample at bsample1@bloomberg.net