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}A daily digest of opinions and analysisWhen Trump Slams the Media, It’s an Act of LoveTimothy L. O’Brien has been wooed by Trump and sued by Trump, and literally wrote the book on Trump, so you can trust his insights into the president’s psychology. And simmering beneath Trump’s rage about #FAKENEWS, O’Brien writes, is a desperate desire for media attention — the kind he used to get from the New York tabloids.Bad Advice Drives India’s Irrepressible BullsIndians are pessimistic. The country’s growth is slowing. Its banking crisis is going nowhere. So why are global investors so giddy about its possibilities? Mihir Sharma says it’s a problem of skewed incentives: Investment advisers have every reason to push overly optimistic narratives. The Latest (Dim, Distant) Hope for Health-Care ReformSenators Lindsey Graham and Bill Cassidy probably won’t get enough fellow Republicans to support their last-ditch Obamacare repeal effort, and maybe that’s a shame. Megan McArdle says the doomed bill has some ideas worth taking seriously. The Knicks’ Bumbling Boss Has One Good IdeaKnicks owner James Dolan may not be loved by fans, but one Wall Street analyst says he deserves credit as a businessman — for understanding that pro sports teams are a poor investment. Joe Nocera is thrilled: Not only is Dolan correct, he says, but maybe that means he’ll finally sell the team!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 ReadsFive facts about millennial households (Pew Research)Why U.S. workers pay twice as much in taxes as wealthy investors (Bloomberg)Who owns a monkey selfie? A settlement should leave him smiling (New York Times)(Read Barry Ritholtz’s full daily news roundup here.) Bloomberg GadflyOPEC plays to its baseStart the bidding war, ToshibaBiotech gets more forgiving, but riskier(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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