Price Gouging and One Shady Charity

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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Our cage-free, organic Tuesday morning train reads:

  • Coming Soon, Economists Hope: Big Spending on Roads, Bridges and Ports (New York Times)
  • The iPhone’s new chip should worry Intel (the Verge); see also Rush to Take Advantage of a Dull iPhone Started Samsung’s Battery Crisis (Bloomberg)
  • Uber investors aren’t paying for innovation anymore (Quartz)
  • The state of macroeconomics is not good (Washington Post); see also Overcapacity (Macro Man)
  • Price Gouging and the Dangerous New Breed of Pharma Companies (Harvard Business Review)
  • Why Do People Who Need Help From the Government Hate It So Much? (New York Times); see also The Coming Anti-National Revolution (Project Syndicate)
  • Lost Track of an Old 401(k)? Here’s a Plan to Help You Find Your Money (Bloomberg)
  • Donald Trump’s extremely shady charitable foundation, explained (Vox); see also How Donald Trump retooled his charity to spend other people’s money (Washington Post)
  • Why does Bill Murray have no friends? (ShortList)
  • A new class of galaxy has been discovered, one made almost entirely of dark matter (Washington Post); see also Which Galaxy in the Universe Is the Biggest? (Slate)

What are you reading?

Returns Not Really a Function of Yield

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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:
Brooke Sample at bsample1@bloomberg.net