1. Long-term economic forecasts aren’t worth much

Long-term economic forecasts aren’t worth much

Never mind the Wall Street Journal’s grim economic tidings: Barry Ritholtz says predictions of an economic slowdown in the next four years are a waste of print and pixels.

By: | Published: October 16, 2016 3:30 PM
While there’s not much scandal to be found in the thousands of private campaign messages Wikileaks released recently, that doesn’t mean they’re uninteresting.  (Reuters) While there’s not much scandal to be found in the thousands of private campaign messages Wikileaks released recently, that doesn’t mean they’re uninteresting. (Reuters)

Never mind the Wall Street Journal’s grim economic tidings: Barry Ritholtz says predictions of an economic slowdown in the next four years are a waste of print and pixels.

Clinton Campaign E-Mails and the Fine Art of Politics

While there’s not much scandal to be found in the thousands of private campaign messages Wikileaks released recently, that doesn’t mean they’re uninteresting. Paula Dwyer says the data dump offers insight into how political realities shaped Hillary Clinton’s economic and financial policies.

The Cities That Uber and Lyft Are Changing

Ride-hailing apps are transforming California’s big metro regions and urban areas in the South and West, and Justin Fox argues still more growth could be on the horizon.

Titans of Law Are Nobel-Worthy, Too

Why should scientists and peacemakers get all the love? Stephen L. Carter says there are towering intellects everywhere, and Stockholm should take special notice of those in the legal field.

Wild Horses Couldn’t Drag Government to Act

Wyoming’s wild horse population has grown out of the state’s control, but the courts say nature is allowed to take its course. Noah Feldman makes sense of a law that seems more informed by romanticism than environmental science.

Ritholtz’s Reads

Investment management vs. financial advice (A Wealth of Common Sense) This is the best news about wage growth in a year (but markets won’t love it) (Investor’s Business Daily) Little-known trading strategy exacerbates market turmoil: Knee-jerk, automated selling a factor behind the severity of recent slumps (Financial Times)
(Read Barry Ritholtz’s full daily news roundup.)

Bloomberg Gadfly

U.K. investments: Keep calm and carry on American workers go farther. Be worried, OPEC. Wells Fargo: The customers strike back
(Read more from BV’s sister site for fast business commentary.)

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