Jobs, Jobs, Jobs and Peak Punditry

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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Let’s jump right into our morning train reads:

  • The jobs report has a margin of error of 100,000 jobs (Washington Post); see also Monthly U.S. Jobs Report (Bloomberg QuickTake)
  • The risk-free rate has been falling for over 30 years. This is not a post-crisis blip; it is a secular trend. (Coppola Comment)
  • California Makes America’s Economy Great (Bloomberg View)
  • How to Get the Right Financial Adviser (Wall Street Journal)
  • Inside McKinsey’s private hedge fund (Financial Times)
  • Panama Papers Show How Rich United States Clients Hid Millions Abroad (New York Times)
  • Brutal, fact-based takedown on Trump University (Washington Post); see also Trump University Was a Product of the Housing Boom. But It Thrived During the Crisis. (Slate)
  • Twitter’s anti-Semitism problem is exactly why Twitter has a growth problem (Quartz)
  • Every hour, every day, every opinion: The non-stop parade of cable news pundits (Washington Post)
  • Juicy, Bloody Burger Made From Plants Impresses the Likes of Bill Gates and Chef David Chang (PETA)

By the Numbers

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

To contact the editor responsible for this story:
Brooke Sample at