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Mar 03, 2016
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<td style="padding-left: 15px; padding-right: 15px"><h2 style="font-fam=ly:'Arial Black', sans-serif;font-weight:bolder;color:#444444;font-size:17=x;line-height:1.6em;margin-bottom:0">Broker Misconduct Is Worse Than We Th=ught</h2>
<p style="font-family:Georgia, serif;font-weight:normal;color:#333333;fon=-size:17px;line-height:1.6em;text-transform:none">One in 13 financial advi=ers have been <a href="http://link.mail.bloombergview.com/click/6217832.19/aHR0cDovL3d3dy5ibG9vbWJlcmcuY29tL25ld3MvYXJ0aWNsZXMvMjAxNi0wMy0wMS9pd=1qdXN0LWdvdC1ldmVuLWhhcmRlci10by10cnVzdC1maW5hbmNpYWwtYWR2aXNlcnM/55086a4c5d051538c37ccB030a035c" style="text-decoration:none;color:#00b9e7;line=height:1.6em">disciplined for ethical violations</a>, according to a <a hr=f="http://link.mail.bloombergview.com/click/6217832.31419/aHR0cDovL3BhcG=ycy5zc3JuLmNvbS9zb2wzL3BhcGVycy5jZm0_YWJzdHJhY3RfaWQ9MjczOTE3MA/55086a4c3b]051538c37ccB7bdc9fff" style="text-decoration:none;color:#00b9e7;line-h=ight:1.6em">decade-long study</a> of broker misconduct. Worse still, most enders stay in the industry after getting caught, and many become repeat=offenders. <strong><a href="http://link.mail.bloombergview.com/click/6212.31419/aHR0cDovL3d3dy5ibG9vbWJlcmd2aWV3LmNvbS9hcnRpY2xlcy8yMDE2LTAzLTAy=2Jyb2tlci1taXNjb25kdWN0LWlzLXdvcnNlLXRoYW4td2UtdGhvdWdodA/55086a4c3b35d0518c37ccBbff3c15c" style="text-decoration:none;color:#00b9e7;line-height:=.6em">Barry Ritholtz examines</a></strong> how offenders get away with hid=ng in plain sight.</p>
<h2 style="font-family:'Arial Black', sans-serif;font-weight:bolder;color=#444444;font-size:17px;line-height:1.6em;margin-bottom:0">Seeing Economic =atterns That Don\u2019t Exist</h2>
<p style="font-family:Georgia, serif;font-weight:normal;color:#333333;fon=-size:17px;line-height:1.6em;text-transform:none"><span class="topic-cha=ter">That graph with regular peaks and valleys? Don't count on it being mo=e than noise. <strong><a href="http://link.mail.bloombergview.com/click/!7832.31419/aHR0cDovL3d3dy5ibG9vbWJlcmd2aWV3LmNvbS9hcnRpY2xlcy8yMDE2LTAzL=AyL3dlLWdldC1mb29sZWQtYnktZWNvbm9taWMtcGF0dGVybnMtdGhhdC1kb24tdC1leGlzdA/56a4c3b35d051538c37ccBe9faba1a" style="text-decoration:none;color:#00b9=7;line-height:1.6em">Noah Smith considers</a></strong> the financial peril= of "apophenia," the tendency to find meaningful patterns in utter nonsens=. </span></p>
<h2 style="font-family:'Arial Black', sans-serif;font-weight:bolder;color=#444444;font-size:17px;line-height:1.6em;margin-bottom:0">The Upside of Pl=nging Oil Prices</h2>
<p style="font-family:Georgia, serif;font-weight:normal;color:#333333;fon=-size:17px;line-height:1.6em;text-transform:none"><span class="topic-cha=ter"><span class="topic-chatter"><a href="http://link.mail.bloombergvi=w.com/click/6217832.31419/aHR0cDovL3d3dy5ibG9vbWJlcmcuY29tL25ld3MvYXJ0aWNs=XMvMjAxNi0wMi0wNS9jaXRpLXdlLXNob3VsZC1hbGwtZmVhci1vaWxtYWdlZGRvbg/55086a4c5d051538c37ccBb4c833d8" style="text-decoration:none;color:#00b9e7;line=height:1.6em">"Oilmageddon"</a> has shaken markets and rattled policy make=s, but cheap crude has its benefits (and not only at the pump). <strong><a=href="http://link.mail.bloombergview.com/click/6217832.31419/aHR0cDovL3d=dy5ibG9vbWJlcmd2aWV3LmNvbS9hcnRpY2xlcy8yMDE2LTAzLTAyL3RoZS11cHNpZGUtb2YtcGmdpbmctb2lsLXByaWNlcw/55086a4c3b35d051538c37ccBbe5f58aa" style="text-d=coration:none;color:#00b9e7;line-height:1.6em">The Bloomberg View editoria= board takes note</a></strong>: Falling prices hit some of the world's mos= unsavory regimes where it hurts.</span></span></p>
<h2 style="font-family:'Arial Black', sans-serif;font-weight:bolder;color=#444444;font-size:17px;line-height:1.6em;margin-bottom:0">What Happens Whe= Global Trade Goes Virtual</h2>
<p style="font-family:Georgia, serif;font-weight:normal;color:#333333;fon=-size:17px;line-height:1.6em;text-transform:none"><span class="topic-cha=ter">Remember globalization? Much like "Full House," it was huge in the '9=s and seemed like it would last forever. So why did international trade fa=l in 2015, after several flat years? Analysts point to a weak global econo=y and the rise of near-sourcing, but <strong><a href="http://link.mail.b=oombergview.com/click/6217832.31419/aHR0cDovL3d3dy5ibG9vbWJlcmd2aWV3LmNvbS=hcnRpY2xlcy8yMDE2LTAzLTAyL3doYXQtaGFwcGVucy13aGVuLWdsb2JhbC10cmFkZS1nb2VzL=ZpcnR1YWw/55086a4c3b35d051538c37ccBbb3c9c86" style="text-decoration:none=color:#00b9e7;line-height:1.6em">Justin Fox has</a></strong> a different t=eory: People might not want as much <em>stuff</em> as they used to.</span>=/p>
<h2 style="font-family:'Arial Black', sans-serif;font-weight:bolder;color=#444444;font-size:17px;line-height:1.6em;margin-bottom:0">Once Again, the =vy League Leads the Way on the Gridiron</h2>
<p style="font-family:Georgia, serif;font-weight:normal;color:#333333;fon=-size:17px;line-height:1.6em;text-transform:none"><span class="topic-cha=ter"><span class="topic-chatter">The Ivies were the birthplace of colleg= football, and last week they took another historic step \u2014 unanimo=sly voting to ban full-contact hitting in regular-season practices. <stron=><a href="http://link.mail.bloombergview.com/click/6217832.31419/aHR0cDo=L2Jsb29tYmVyZ3ZpZXcuY29tL2FydGljbGVzLzIwMTYtMDMtMDIvYmFubmluZy10YWNrbGVzLW=uLWZvb3RiYWxsLXByYWN0aWNlLWlzLWl2eS1sZWFndWUtc21hcnQ/55086a4c3b35d051538c3B272b21d5" style="text-decoration:none;color:#00b9e7;line-height:1.6em=>Kavitha A. Davidson applauds</a></strong> the move, and urges the rest of=the NCAA to put player safety first.</span></span> </p>
<h2 style="font-family:'Arial Black', sans-serif;font-weight:bolder;color=#444444;font-size:17px;line-height:1.6em;margin-bottom:0">Ritholtz's Reads=/h2>
<ul style="padding:0px;margin-top:0px;margin-left:25px;margin-right:0px;m=rgin-bottom:0px">
<li style="font-family:Georgia, serif;font-weight:normal;color:#333333;fo=t-size:17px;line-height:1.6em">Understanding modern-day philanthropy (<a h="http://link.mail.bloombergview.com/click/6217832.31419/aHR0cDovL2F3Z=FsdGhvZmNvbW1vbnNlbnNlLmNvbS8yMDE2LzAzL3RoZS1tb2Rlcm4tZGF5LXBoaWxhbnRocm9w=XN0Lw/55086a4c3b35d051538c37ccB7fdcc120" style="text-decoration:none;col=r:#00b9e7;line-height:1.6em">A Wealth of Common Sense</a>)</li>
<li style="font-family:Georgia, serif;font-weight:normal;color:#333333;fo=t-size:17px;line-height:1.6em">The psychology of breathtakingly stupid mis=akes (<a href="http://link.mail.bloombergview.com/click/6217832.31419/aH DovL3d3dy5zY2llbnRpZmljYW1lcmljYW4uY29tL2FydGljbGUvdGhlLXBzeWNob2xvZ3ktb=YtdGhlLWJyZWF0aHRha2luZ2x5LXN0dXBpZC1taXN0YWtlLw/55086a4c3b35d051538c37ccB1d003" style="text-decoration:none;color:#00b9e7;line-height:1.6em">Sc=entific American</a>)</li>
<li style="font-family:Georgia, serif;font-weight:normal;color:#333333;fo=t-size:17px;line-height:1.6em">Stock exchange prices grow so convoluted, e=en traders are confused (<a href="http://link.mail.bloombergview.com/cli=k/6217832.31419/aHR0cDovL3d3dy5ueXRpbWVzLmNvbS8yMDE2LzAzLzAyL2J1c2luZXNzL2=lYWxib29rL3N0b2NrLWV4Y2hhbmdlLXByaWNlcy1ncm93LXNvLWNvbnZvbHV0ZWQtZXZlbi10c=FkZXJzLWFyZS1jb25mdXNlZC1zdHVkeS1maW5kcy5odG1s/55086a4c3b35d051538c37ccBab 816" style="text-decoration:none;color:#00b9e7;line-height:1.6em">NYT<=a>)</li>
</ul>
<p style="font-family:Georgia, serif;font-weight:normal;color:#333333;fon=-size:17px;line-height:1.6em;text-transform:none"><span class="topic-cha=ter"><span class="topic-chatter"><span class="topic-chatter"><span cla=s="topic-chatter"><span class="topic-chatter"><span class="topic-cha=ter"><span class="topic-chatter"><span class="topic-chatter"><span cla=s="topic-chatter"><span class="topic-chatter"><span class="topic-cha=ter"><span class="topic-chatter">(Read Barry Ritholtz's full <a href="=ttp://link.mail.bloombergview.com/click/6217832.31419/aHR0cDovL3d3dy5ibG9v=WJlcmd2aWV3LmNvbS9hcnRpY2xlcy8yMDE2LTAzLTAyL3JpdGhvbHR6LXMtcmVhZHMtYW5ncnk=YW1lcmljYW5zLWFuZC1yZWFsbHktc3R1cGlkLW1pc3Rha2Vz/55086a4c3b35d051538c37ccB247d11" style="text-decoration:none;color:#00b9e7;line-height:1.6em">da=ly news roundup</a>.)</span></span></span></span></span></span></span></sp=n></span></span></span></span></p>
<h2 style="font-family:'Arial Black', sans-serif;font-weight:bolder;color=#444444;font-size:17px;line-height:1.6em;margin-bottom:0"><span class=""=Bloomberg Gadfly </span></h2>
<ul style="padding:0px;margin-top:0px;margin-left:25px;margin-right:0px;m=rgin-bottom:0px">
<li style="font-family:Georgia, serif;font-weight:normal;color:#333333;fo=t-size:17px;line-height:1.6em">America invades <a href="http://link.mail=bloombergview.com/click/6217832.31419/aHR0cDovL3d3dy5ibG9vbWJlcmcuY29tL2dh=GZseS9hcnRpY2xlcy8yMDE2LTAzLTAyL3Utcy1jb3Jwb3JhdGlvbnMtaW52YWRlLWV1cm9wZWF=LWRlYnQtbWFya2V0LWluLWJhdHRsZS1vZi15aWVsZA/55086a4c3b35d051538c37ccB488bf0=8" style="text-decoration:none;color:#00b9e7;line-height:1.6em">Europe'sbt market</a></li>
<li style="font-family:Georgia, serif;font-weight:normal;color:#333333;fo=t-size:17px;line-height:1.6em">A <a href="http://link.mail.bloombergview=com/click/6217832.31419/aHR0cDovL3d3dy5ibG9vbWJlcmcuY29tL2dhZGZseS9hcnRpY2=lcy8yMDE2LTAzLTAyL2JyaWNrLWFuZC1tb3J0YXItcmV0YWlsLXNob3dzLW5vLXNpZ24tb2YtY=1jb21lYmFjaw/55086a4c3b35d051538c37ccBaaf63c18" style="text-decoration:n=ne;color:#00b9e7;line-height:1.6em">fool's hope</a> for a retail resurgenc=</li>
<li style="font-family:Georgia, serif;font-weight:normal;color:#333333;fo=t-size:17px;line-height:1.6em">China's <a href="http://link.mail.bloombe=gview.com/click/6217832.31419/aHR0cDovL3d3dy5ibG9vbWJlcmcuY29tL2dhZGZseS9h=nRpY2xlcy8yMDE2LTAzLTAyL2NoaW5hLXMtc3RvY2stY2FybmFnZS1zb2x1dGlvbg/55086a4c5d051538c37ccBd86b0f28" style="text-decoration:none;color:#00b9e7;line=height:1.6em">stock carnage</a> solution</li>
</ul>
<p style="font-family:Georgia, serif;font-weight:normal;color:#333333;fon=-size:17px;line-height:1.6em;text-transform:none"><span class="topic-cha=ter"><span class="topic-chatter"><span class="topic-chatter"><span cla=s="topic-chatter"><span class="topic-chatter"><span class="topic-cha=ter"><span class="topic-chatter"><span class="topic-chatter"><span cla=s="topic-chatter"><span class="topic-chatter"><span class=""><span c=ass=""><span class="">(Read more from BV's sister site for <a id="_m=e_temp_anchor" href="http://link.mail.bloombergview.com/click/6217832.31/aHR0cDovL3d3dy5ibG9vbWJlcmcuY29tL2dhZGZseS8/55086a4c3b35d051538c37ccB6d999" style="text-decoration:none;color:#00b9e7;line-height:1.6em">fast=business commentary</a>.)</span></span></span></span></span></span></span>=/span></span></span></span></span></span></p></td>
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