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The Latest Opinions From Bloomberg View


October 17, 2014

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Russia

The Editors: "This week, as falling oil prices have hammered the Russian economy, President Vladimir Putin has warned repeatedly that his country, a nuclear superpower, must not be 'blackmailed.' He was talking about economic sanctions, but there is a different lesson he should be drawing right now and it has nothing to do with the U.S. or the European Union."
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Tech

Leonid Bershidsky: "Ever since Apple and Google said the contents of mobile devices that run their operating systems would in future be encrypted by default, Federal Bureau of Investigation director James B. Comey has been waging a campaign against the move, complaining that law enforcement agencies can't keep up with modern technology. The more he says it, the more I'm inclined to believe in a conspiracy theory."
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Bershidsky: "If you were disappointed with Apple's low-key, same-but-better pitch for the new iPad yesterday, take heart: As it did with cell phones, Apple is just buying time until its next big imitative leap."
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Noah Smith: "Energy storage, in the long run, will be even more important than fracking. So I think it's time for a government push to improve energy-storage technology."
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Economics

QuickTake:The term "income inequality" is often used imprecisely "as a catch-all description of various related ills including poverty, job stagnation, class division and social disorder. Yet there's much debate among economists about the impact of inequality itself and its relationship to prosperity."
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Real Estate

Barry Ritholtz: "The inability of qualified borrowers to obtain credit to either refinance their existing mortgages or make a home purchase is an enormous drag on the economy."
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Sports

@KavithaDavidson (Kavitha A. Davidson): Is Kobe the guy who can help reverse the NBA's top-heavy corporate culture?
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India

Dhiraj Nayyar:"This was a good week for Reserve Bank of India Governor Raghuram Rajan. ... New data showed India's wholesale inflation slowing to its lowest rate in five years." The numbers should spur both him and the government of new Prime Minister Narendra Modi "to sort out once and for all lingering questions about how India should combat inflation."
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Asian Economy

William Pesek: "Fear once again stalks the global economy. ... The most-asked question isn't where to make profits, but where to find a safe haven from the coming storm. Could it be Asia again?"
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News Roundup

Matt Levine
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(Read the news roundup)

- Stocks.
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- Bonds.
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- Hedge funds.
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Barry Ritholtz
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(Read the news roundup)

- Bargain hunters pounce on panic.
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- People think CEO pay is out of control. The truth is much worse than they know.
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- Twitter should ditch its new algorithm and teach news feed building.
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