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Trump's neocon conversion (!)
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2017-09-20 09:02:47
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}A daily digest of opinions and analysisIgnore the Bombast. Trump Gave a Conventional Speech.Sure, Trump’s address to the United Nations featured the dark brooding and bizarre insults we’ve come to expect from the American president, and his threatening to “totally destroy” North Korea was hardly a triumph for diplomacy. But Ramesh Ponnuru says that when you set aside the bluster, Tuesday’s speech was pretty run-of-the-mill — a defense of global order disguised as a nationalist provocation. And Eli Lake goes one step further, arguing that the “America First” president seems to have embraced neoconservativism.Some Corporations Pay a Lot More in Taxes Than OthersAmazon and Walmart are both retail giants; so why do they give such wildly different amounts to the taxman? Check their overseas earnings. Justin Fox dives into the data on how much U.S. businesses pay back (or don’t).Stumbling Isn't Humbling for This Hedge-Fund GuyIn June, a young fund manager won a proxy fight at Buffalo Wild Wings. The stock tanked. Now he’s playing hardball elsewhere. Humility loses in part two of the Joe Nocera miniseries, “Mick McGuire: Activist Investor.”Marijuana Sales Could Make Native Americans Richer — and PoorerThe tax-free cannabis business might be a revenue gusher for Native Americans. Whether tribal members will benefit is another issue. Naomi Schaefer Riley, author of “The New Trail of Tears,” explains why marijuana money could be a decidedly mixed blessing.Before it’s here, it’s on the Bloomberg Terminal. Find out how the Terminal delivers information and analysis that financial professionals can’t find anywhere else. Learn more.Ritholtz’s ReadsFemale hedge funds outperform those run by men (Financial Times)A requiem for Florida, the paradise that should never have been (Politico)How millennials can prepare for the next financial crisis (A Wealth of Common Sense)(Read Barry Ritholtz’s full daily news roundup here.) Bloomberg GadflyToys ‘R’ Us shows real estate can’t save retailThe one thing still protected at Equifax is payNot even 400,000 angry customers can stop RyanAir’s Michael O’Leary(Read more from BV’s sister site for fast business commentary.)Bloomberg L.P. ● 731 Lexington Avenue, New York, NY 10022Web ● Facebook ● TwitterFeedback ● Unsubscribe
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