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Share the View 2: Waiting for Disruption
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<td style="padding-left: 15px; padding-right: 15px"><p><span class="top=c-title" style="font-family:'Arial Black', sans-serif;font-weight:bolder=color:#00b9e7;font-size:13px;text-transform:uppercase;line-height:1.6em"><= href="http://link.mail.bloombergview.com/55086a4c3b35d051538c37cc2oj68.=2sa/VQoHU0mOo5ZTeiFgBb61e" style="text-decoration:none;color:#00b9e7;lin=-height:1.6em">Wall Street</a></span></p>
<p><span class="topic-contributor-name" style="font-family:'Arial Black=, sans-serif;font-weight:bolder;color:#333333;font-size:17px;line-height:1nm;text-transform:none">Matt Levine:</span> <span class="topic-contribu=or-quote" style="font-family:Georgia, serif;font-weight:normal;color:#3333;font-size:17px;line-height:1.6em;text-transform:none">"People are worr about bond market liquidity, is the point I'm trying to make here. Shou=d they be? I don't know. ... When I first wrote about this a few months ag=, I said that I was looking around for a framework for thinking about the =ssue, and these observations might add up to a very rough framework."<span=class="topic-read-more" style="font-family:Arial, sans-serif;text-deco=ation:none;color:#00b9e7;font-weight:normal;font-size:17px;line-height:1.6=m;text-transform:none"> </span></span><span class="topic-read-more" styl="font-family:Arial, sans-serif;text-decoration:none;color:#00b9e7;font-=eight:normal;font-size:17px;line-height:1.6em;text-transform:none"><a href="http://link.mail.bloombergview.com/55086a4c3b35d051538c37cc2oj68.12sa/V=Awu8PoCJVcHCZ_Bfe76" style="text-decoration:none;color:#00b9e7;line-heig=t:1.6em">Read more...</a></span></p>
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<p><span class="topic-title" style="font-family:'Arial Black', sans-ser=f;font-weight:bolder;color:#00b9e7;font-size:13px;text-transform:uppercase=line-height:1.6em"><a href="http://link.mail.bloombergview.com/55086a4c35d051538c37cc2oj68.12sa/VRA8jUmOb8sc310UB7611" style="text-decoration:n=ne;color:#00b9e7;line-height:1.6em">Work</a></span></p>
<p><span class="topic-contributor-name" style="font-family:'Arial Black=, sans-serif;font-weight:bolder;color:#333333;font-size:17px;line-height:1nm;text-transform:none">Justin Fox:</span> <span class="topic-contribut=r-quote" style="font-family:Georgia, serif;font-weight:normal;color:#3333;font-size:17px;line-height:1.6em;text-transform:none">"There\u2019s = tension between the broader talk of tech-fueled economic change and disru=tion and the less-than-impressive evidence in economy-wide growth, product=vity and business-dynamism data. Disruption is everywhere, it seems, excep= in the economic statistics. But maybe the statistics are missing out, or =e\u2019re just very early in the transformation."</span> <span class=topic-read-more" style="font-family:Arial, sans-serif;text-decoration:no=e;color:#00b9e7;font-weight:normal;font-size:17px;line-height:1.6em;text-t=ansform:none"><a href="http://link.mail.bloombergview.com/55086a4c3b35d038c37cc2oj68.12sa/VXB9kkmOQNc8oW3XBcda0" style="text-decoration:none;c=lor:#00b9e7;line-height:1.6em">Read more...</a></span></p>
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<p><span class="topic-title" style="font-family:'Arial Black', sans-ser=f;font-weight:bolder;color:#00b9e7;font-size:13px;text-transform:uppercase=line-height:1.6em"><a href="http://link.mail.bloombergview.com/55086a4c35d051538c37cc2oj68.12sa/VRLhiUmOwEbNACpqB4dd0" style="text-decoration:n=ne;color:#00b9e7;line-height:1.6em">U.S. Economy</a></span></p>
<p><span class="topic-contributor-name" style="font-family:'Arial Black=, sans-serif;font-weight:bolder;color:#333333;font-size:17px;line-height:1nm;text-transform:none">Mohamed A. El-Erian:</span> <span class="topic-=ontributor-quote" style="font-family:Georgia, serif;font-weight:normal;c=lor:#333333;font-size:17px;line-height:1.6em;text-transform:none">"It has ome increasingly difficult to reconcile different sets of data to form a=coherent and decisive picture of the U.S. economy. Nowhere is this problem=more evident and consequential than when comparing the contrasting develop=ents in job creation (which has been robust) and the sluggish gross domest=c product and wage growth. The jobs report for May that will be released F=iday won\u2019t clarify the whole picture, though it could provide some=clues." </span><span class="topic-read-more" style="font-family:Arial,=sans-serif;text-decoration:none;color:#00b9e7;font-weight:normal;font-sizepx;line-height:1.6em;text-transform:none"><a href="http://link.mail.bl=ombergview.com/55086a4c3b35d051538c37cc2oj68.12sa/VXB9kkmOQNc8oW3YB4c29" s=yle="text-decoration:none;color:#00b9e7;line-height:1.6em">Read more...<=a></span></p>
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<p><span class="topic-title" style="font-family:'Arial Black', sans-ser=f;font-weight:bolder;color:#00b9e7;font-size:13px;text-transform:uppercase=line-height:1.6em"><a href="http://link.mail.bloombergview.com/55086a4c35d051538c37cc2oj68.12sa/VQtJukmOpKWLGCG4B1f7e" style="text-decoration:n=ne;color:#00b9e7;line-height:1.6em">China</a></span></p>
<p><span class="topic-contributor-name" style="font-family:'Arial Black=, sans-serif;font-weight:bolder;color:#333333;font-size:17px;line-height:1nm;text-transform:none">Noah Smith:</span><span class="topic-contributo=-quote" style="font-family:Georgia, serif;font-weight:normal;color:#3333=3;font-size:17px;line-height:1.6em;text-transform:none"> "Expect Chinas slowdown to be a stumble, not a fall. China will probably recover t= something like its recent 7 percent growth rate in the latter part of thi= decade and much of the 2020s. The country has one big run left in it." </=pan><span class="topic-read-more" style="font-family:Arial, sans-serif=text-decoration:none;color:#00b9e7;font-weight:normal;font-size:17px;line-=eight:1.6em;text-transform:none"><a href="http://link.mail.bloombergview=com/55086a4c3b35d051538c37cc2oj68.12sa/VXB9kkmOQNc8oW3aB88fd" style="tex=-decoration:none;color:#00b9e7;line-height:1.6em">Read more...</a></span><=p>
<p><span class="topic-contributor-name" style="font-family:'Arial Black=, sans-serif;font-weight:bolder;color:#333333;font-size:17px;line-height:1nm;text-transform:none">Thomas J. Christensen:</span> <span class="topi=-contributor-quote" style="font-family:Georgia, serif;font-weight:normal=color:#333333;font-size:17px;line-height:1.6em;text-transform:none">"While=China\u2019s buildup indeed creates security challenges for the U.S. an= its Asian allies, the consequences are more subtle and complicated than s=me alarms would suggest. Despite its quickly increasing defense budgets in=the last 20 years, China still lacks the ability to project combat power i= a sustained way far from its shores, and the U.S. maintains full-spectrum=military superiority, even in East Asia." <a href="http://link.mail.bloorgview.com/55086a4c3b35d051538c37cc2oj68.12sa/VXB9kkmOQNc8oW3ZBd21a" sty=e="text-decoration:none;color:#00b9e7;line-height:1.6em">Read more...</a=</span></p>
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<p><span class="topic-title" style="font-family:'Arial Black', sans-ser=f;font-weight:bolder;color:#00b9e7;font-size:13px;text-transform:uppercase=line-height:1.6em"><a href="http://link.mail.bloombergview.com/55086a4c35d051538c37cc2oj68.12sa/VRYeC0mO2J4QOcmZBec54" style="text-decoration:n=ne;color:#00b9e7;line-height:1.6em">Russia</a></span></p>
<p><span class="topic-contributor-name" style="font-family:'Arial Black=, sans-serif;font-weight:bolder;color:#333333;font-size:17px;line-height:1nm;text-transform:none">Leonid Bershidsky:</span> <span class="topic-co=tributor-quote" style="font-family:Georgia, serif;font-weight:normal;col=r:#333333;font-size:17px;line-height:1.6em;text-transform:none">"Chatham H=use, the U.K. Royal Institute of International Affairs, has published a 58=page report on 'The Russian Challenge' that's full of excellent insights a=out the ideological roots, methods and economic peculiarities of President=Vladimir Putin's regime. ... Even so, the paucity of constructive suggesti=ns in the report shows how Putin has succeeded in locking both Russia and =he West into an unproductive tug of war that resolves nothing."</span> <sp=n class="topic-read-more" style="font-family:Arial, sans-serif;text-de=oration:none;color:#00b9e7;font-weight:normal;font-size:17px;line-height:1nm;text-transform:none"><a href="http://link.mail.bloombergview.com/550j4c3b35d051538c37cc2oj68.12sa/VXB9kkmOQNc8oW3bBae5c" style="text-decora=ion:none;color:#00b9e7;line-height:1.6em">Read more...</a></span></p>
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<p><span class="topic-title" style="font-family:'Arial Black', sans-ser=f;font-weight:bolder;color:#00b9e7;font-size:13px;text-transform:uppercase=line-height:1.6em"><a href="http://link.mail.bloombergview.com/55086a4c35d051538c37cc2oj68.12sa/VP9kIkmOpoExRQKGB24b7" style="text-decoration:n=ne;color:#00b9e7;line-height:1.6em">2016 Elections</a></span></p>
<p><span class="topic-contributor-name" style="font-family:'Arial Black=, sans-serif;font-weight:bolder;color:#333333;font-size:17px;line-height:1nm;text-transform:none">The Editors:</span> <span class="topic-contribu=or-quote" style="font-family:Georgia, serif;font-weight:normal;color:#3333;font-size:17px;line-height:1.6em;text-transform:none">On paper, Rick P=rry is a strong candidate. "He grew up in humble circumstances to become g=vernor of the second-largest state. During his record 15-year tenure, Texa=\u2019s economy boomed, with job growth far outpacing growth in the res= of the nation. This 'Texas Miracle' helped make Perry a front-runner in t=e 2012 campaign. It\u2019s still a great story, but this time hell have to do a better job of telling it."</span> <span class="topic-r-more" style="font-family:Arial, sans-serif;text-decoration:none;color=#00b9e7;font-weight:normal;font-size:17px;line-height:1.6em;text-transform=none"><a href="http://link.mail.bloombergview.com/55086a4c3b35d051538c37oj68.12sa/VXB9kkmOQNc8oW3XCcc0e" style="text-decoration:none;color:#007;line-height:1.6em">Read more...</a></span></p>
<p><span class="topic-contributor-name" style="font-family:'Arial Black=, sans-serif;font-weight:bolder;color:#333333;font-size:17px;line-height:1nm;text-transform:none">Jonathan Bernstein:</span> <span class="topic-c=ntributor-quote" style="font-family:Georgia, serif;font-weight:normal;co=or:#333333;font-size:17px;line-height:1.6em;text-transform:none">"Some thi=gs in elections are difficult to predict, but the cycle of enthusiasm for =residential nominees isn't one of them. It's real, foreseeable and practic=lly irresistible." </span><span class="topic-read-more" style="font-fa=ily:Arial, sans-serif;text-decoration:none;color:#00b9e7;font-weight:norma=;font-size:17px;line-height:1.6em;text-transform:none"><a href="http://l=nk.mail.bloombergview.com/55086a4c3b35d051538c37cc2oj68.12sa/VXB9kkmOQNc8o<B7056" style="text-decoration:none;color:#00b9e7;line-height:1.6em">Re=d more...</a></span></p>
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<p><span class="topic-title" style="font-family:'Arial Black', sans-ser=f;font-weight:bolder;color:#00b9e7;font-size:13px;text-transform:uppercase=line-height:1.6em"><a href="http://link.mail.bloombergview.com/55086a4c35d051538c37cc2oj68.12sa/VP9kIkmOpoExRQKWB9ea3" style="text-decoration:n=ne;color:#00b9e7;line-height:1.6em">News Roundup</a></span></p>
<p style="margin-bottom:0"><span class="roundup-contributor" style="f=nt-family:'Arial Black', sans-serif;font-weight:bolder;color:#333333;font-=ize:17px;line-height:1.6em;text-transform:none">Katie Benner</span> <span =lass="roundup-read-more" style="font-family:Arial, sans-serif;text-dec=ration:none;color:#00b9e7;font-weight:normal;font-size:17px;line-height:1.=em;text-transform:none"><a href="http://link.mail.bloombergview.com/5508c3b35d051538c37cc2oj68.12sa/VXB9kkmOQNc8oW3dB0e47" style="text-decorat=on:none;color:#00b9e7;line-height:1.6em">(Read the news roundup)</a></span=</p>
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<li style="margin-left:18px"><span class="roundup-chatter" style="fon=-family:Georgia, serif;color:#333333;font-size:17px;line-height:1.6em;text=transform:none">Coupang, a Korean e-commerce company, just received a $1 b=llion investment from SoftBank that values the company at around $5 billio=. <span class="roundup-read-more" style="font-family:Arial, sans-serif=text-decoration:none;color:#00b9e7;font-weight:normal;font-size:17px;line-=eight:1.6em;text-transform:none"><a href="http://link.mail.bloombergview=com/55086a4c3b35d051538c37cc2oj68.12sa/VXB9kkmOQNc8oW3eB0405" style="tex=-decoration:none;color:#00b9e7;line-height:1.6em">Read more...</a></span><=span></li>
<li style="margin-left:18px"><span class="roundup-chatter" style="fon=-family:Georgia, serif;color:#333333;font-size:17px;line-height:1.6em;text=transform:none">Postmates is raising more than $50 million in a round led =y Tiger Global that should value the company at around $400 million. <span=class="roundup-read-more" style="font-family:Arial, sans-serif;text-de=oration:none;color:#00b9e7;font-weight:normal;font-size:17px;line-height:1nm;text-transform:none"><a href="http://link.mail.bloombergview.com/550j4c3b35d051538c37cc2oj68.12sa/VWfkycPo3n4sGus_B04c7" style="text-decora=ion:none;color:#00b9e7;line-height:1.6em">Read more...</a></span></span></=i>
<li style="margin-left:18px"><span class="roundup-chatter" style="fon=-family:Georgia, serif;color:#333333;font-size:17px;line-height:1.6em;text=transform:none">Felix Capital has raised $120 million to fund fashion and =ifestyle companies, and its backers include the European Investment Fund, =nilever and Facebook executives David Marcus and Julien Codorniou. <span c=ass="roundup-read-more" style="font-family:Arial, sans-serif;text-deco=ation:none;color:#00b9e7;font-weight:normal;font-size:17px;line-height:1.6=m;text-transform:none"><a href="http://link.mail.bloombergview.com/55086L3b35d051538c37cc2oj68.12sa/VXB9kkmOQNc8oW3fBa61d" style="text-decorati=n:none;color:#00b9e7;line-height:1.6em">Read more...</a></span></span></li</ul>
<p style="margin-bottom:0"><span class="roundup-contributor" style="f=nt-family:'Arial Black', sans-serif;font-weight:bolder;color:#333333;font-=ize:17px;line-height:1.6em;text-transform:none">Barry Ritholtz</span><span=class="roundup-read-more" style="font-family:Arial, sans-serif;text-de=oration:none;color:#00b9e7;font-weight:normal;font-size:17px;line-height:1nm;text-transform:none"> <a href="http://link.mail.bloombergview.com/55a4c3b35d051538c37cc2oj68.12sa/VXB9kkmOQNc8oW3gB9acd" style="text-decor=tion:none;color:#00b9e7;line-height:1.6em">(Read the news roundup)</a></sp=n></p>
<ul style="padding:0px;margin:0px">
<li style="margin-left:18px"><span class="roundup-chatter" style="fon=-family:Georgia, serif;color:#333333;font-size:17px;line-height:1.6em;text=transform:none">What you need to understand about Dow Theory: <span class="roundup-read-more" style="font-family:Arial, sans-serif;text-decorati=n:none;color:#00b9e7;font-weight:normal;font-size:17px;line-height:1.6em;t=xt-transform:none"><a href="http://link.mail.bloombergview.com/55086a4c35d051538c37cc2oj68.12sa/VXB9kkmOQNc8oW3hB0cf3" style="text-decoration:n=ne;color:#00b9e7;line-height:1.6em">Read more...</a></span></span></li>
<li style="margin-left:18px"><span class="roundup-chatter" style="fon=-family:Georgia, serif;color:#333333;font-size:17px;line-height:1.6em;text=transform:none">Meet the new generation of robots for manufacturing: <span=class="roundup-read-more" style="font-family:Arial, sans-serif;text-de=oration:none;color:#00b9e7;font-weight:normal;font-size:17px;line-height:1nm;text-transform:none"><a href="http://link.mail.bloombergview.com/550j4c3b35d051538c37cc2oj68.12sa/VW8TS8Po6SzNlqloBc6e9" style="text-decora=ion:none;color:#00b9e7;line-height:1.6em">Read more...</a></span></span></=i>
<li style="margin-left:18px"><span class="roundup-chatter" style="fon=-family:Georgia, serif;color:#333333;font-size:17px;line-height:1.6em;text=transform:none">Vienna meeting amounts to a counseling session: <span clas="roundup-read-more" style="font-family:Arial, sans-serif;text-decorat=on:none;color:#00b9e7;font-weight:normal;font-size:17px;line-height:1.6em;=ext-transform:none"><a href="http://link.mail.bloombergview.com/55086a4c5d051538c37cc2oj68.12sa/VXB9kkmOQNc8oW3iBdbc5" style="text-decoration:=one;color:#00b9e7;line-height:1.6em">Read more...</a></span></span></li>
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