Vanishing Small Investors, Texas Goes for Green Energy

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 morning reads:

• Are Index Funds Eating the World? (WSJsee also One Million Market Beaters (Irrelevant Investor)

• Where Have All the Small Investors Gone? (Barron’s)

• The Latest Asset Management Price War: Target-Date Funds (WSJ)

• Maybe We Clamped Down Too Hard on Finance (Bloomberg View)

• How to Lie With Fed Statistics (Wealth of Common Sense)

• Why Electric Cars Will Be Here Sooner Than You Think (WSJsee also Which State Is a Big Renewable Energy Pioneer? Texas (WSJ)

• Why the Deeply Held Ideas of the Nation’s Most Elite Economists Were Direct Causes of Extreme Inequality (Evonomics)

• McMansions Define Ugly in a New Way: They’re a Bad Investment (Bloomberg)

• Donald Trump’s white voter problem, explained in 9 charts (Washington Post)

• An Exoplanet Too Far (The New Yorkersee also Just 4.2 light-years away, scientists spot a rocky, Earth-like planet that could have liquid water (LA Times)

2016 Rate Hike Odds Rose Following Yellen’s Speech

Source: BloombergBrief

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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