Black Holes, Young Millionaires and Guy Fieri

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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Ahhh, back to work after a week of vacation. My morning train reads:

  • The June Jobs Report in 15 Charts (Real Time Economics); see also The Jobs Recovery May Not Be Flashy, But It’s Strong (FiveThirtyEight)
  • The best performing asset class no one talks about (Reformed Broker)
  • Black Hole of Negative Rates Is Dragging Down Yields Everywhere (Wall Street Journal)
  • How millionaires under 40 manage their money (Washington Post)
  • It’s NOT the economy, stupid: Brexit as a story of personal values (LSE); see also Will Brexit Spark a Constitutional Crisis in the U.K.? Q&A (Bloomberg)
  • 13 Nikola Tesla Quotes for His Birthday (Climateer)
  • The Accidental American Genius of Guy Fieri (New Yorker)
  • Trump and Gingrich connect as outsiders who live on the inside (Washington Post); see also Blaming Trade and Voting Trump in the Rust Belt (New York Times Magazine)
  • How Exercise Shapes You, Far Beyond the Gym (New York)
  • A New Way to See Inside Black Holes (Cornell University Library); see also Black Holes’ Inner Secrets Revealed -- with Math (Space.com)

FTSE 100 Resilience Isn’t All It Appears

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