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The Latest Opinions From Bloomberg View


October 3, 2014

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JOBS

Mark Whitehouse:"Anyone looking for signs of inflationary pressures -- or hoping to see workers getting a raise -- will be disappointed by today's jobs report. Wage growth stalled in September, though folks who work in service and with their brains did better than others."
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Mohamed A. El-Erian:"Whether one month's report is higher or lower than the previous one matters far less than the larger picture. It's better to assess whether the U.S. saw robust monthly job creation, healthy wage growth and an improvement in the structure of the labor market."
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Midterm Elections

@lanheechen (Lanhee Chen): Obama's speech yesterday: A blow to endangered Democrats.
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Science

Cass R. Sunstein:"You're going to like this column a lot. It's the best one you'll read today, or any day this month. ... New research by social scientists Irene Scopelliti, George Loewenstein and Joachim Vosgerau offers a powerful explanation for why people undermine their own goals, and create a seriously negative impression, by bragging."
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INvesting

A. Gary Shilling:"Major stock indexes may be at or near all-time highs, yet I see a number of warning flags for equities."
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Olympics

The Editors: "Bravo to Norway for withdrawing its application to hold the 2022 Winter Olympics in Oslo. Nothing better illustrates the disrepute into which bidding for the games has fallen, or how drastically the process needs to be changed."
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Japan

William Pesek:"With the discovery of a 47th body on the slopes of Mt. Ontake yesterday, the volcano's eruption is now Japan's deadliest in 88 years. It's impossible not to worry about an even bigger volcanic threat that lies just 90 miles from Tokyo: Mt. Fuji."
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China

@MarcChampion1 (Marc Champion):Why is mighty China scared of a blue Japanese cartoon cat?@AdamMinter (Adam Minter) explains:
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India

Dhiraj Nayyar: "Last week, India's Prime Minister Narendra Modi shared a stage with actor Hugh Jackman in New York's Central Park at the Global Citizen Festival concert. Breaking from his usual practice of speaking in Hindi, Modi spoke in English for seven minutes largely about the importance of sanitation and cleanliness."
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News RounDup

Matt Levine
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(Read the news roundup)

- What was Libor for?
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- Banks can waive lockups, you know.
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- Why are finance workers paid so much?
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Barry Ritholtz
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- Asset-backed securities: Back from disgrace:
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- How to stop time:
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- Why the yield curve matters:
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Jonathan Bernstein
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(Read the news roundup)

- Ed Kilgore isn't impressed with Matt Bai's analysis of the Republican presidential contest.
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- Marc Ambinder has suggestions for reforming the Secret Service.
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- Matt Yglesias knocks down President Barack Obama's spin on the economy.
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