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Jun 22, 2015
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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/55086a4c3b35d051538c37cc2qu1q. 6/VYg37kmOiyr6LVYUB8990" style="text-decoration:none;color:#00b9e7;lin=-height:1.6em">Wealth</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">Barry Ritholtz:</span> <span class="topic-contr=butor-quote" style="font-family:Georgia, serif;font-weight:normal;color:33333;font-size:17px;line-height:1.6em;text-transform:none">"The new 'Wor=d Wealth Report' for 2015 was released last week from Capgemini and RBC We=lth Management. The focus is on the population of high-net-worth individua=s, or HNWIs as the report calls them. ... Perhaps the most significant new= is that the wealthy now have more capital invested in stocks than any oth=r asset class."</span> <span class="topic-read-more" style="font-famil=:Arial, sans-serif;text-decoration:none;color:#00b9e7;font-weight:normal;f=nt-size:17px;line-height:1.6em;text-transform:none"><a href="http://link=mail.bloombergview.com/55086a4c3b35d051538c37cc2qu1q.10d6/VYg37kmOiyr6LVYV60" style="text-decoration:none;color:#00b9e7;line-height:1.6em">Read =ore...</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/55086a4c35d051538c37cc2qu1q.10d6/VP9kIkmOpoExRQKOBc57d" style="text-decoration:n=ne;color:#00b9e7;line-height:1.6em">Law</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 Feldman:</span> <span class="topic-contrib=tor-quote" style="font-family:Georgia, serif;font-weight:normal;color:#3333;font-size:17px;line-height:1.6em;text-transform:none">"What determine= whether the police have used excessive force on a detainee: the officers beliefs about their own actions or the assessment of a reasonable=observer? It\u2019s hard to imagine a more important question after the=events of the past year in Ferguson, North Charleston and Staten Island --=and on Monday the U.S. Supreme Court held in favor of the objective observ=r, not the subjective mindset of the officers."</span> <span class="topi=-read-more" style="font-family:Arial, sans-serif;text-decoration:none;co=or:#00b9e7;font-weight:normal;font-size:17px;line-height:1.6em;text-transf=rm:none"><a href="http://link.mail.bloombergview.com/55086a4c3b35d0515387cc2qu1q.10d6/VYg37kmOiyr6LVYWBe901" style="text-decoration:none;color: b9e7;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/55086a4c35d051538c37cc2qu1q.10d6/VQyQL0mO8EuU3LpUB6856" style="text-decoration:n=ne;color:#00b9e7;line-height:1.6em">Health-Care Reform</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">"What if =he Supreme Court rules against the government in King v. Burwell, and the macare subsidies end in states that have chosen not to set up health-car= exchanges? ... The real question (if the challengers win) isn\u2019t a=out which party gets the blame for chaos in Republican-state insurance mar=ets. It\u2019s whether important groups in those states pressure their =oliticians to do something about it."</span> <span class="topic-read-mor=" style="font-family:Arial, sans-serif;text-decoration:none;color:#00b9e=;font-weight:normal;font-size:17px;line-height:1.6em;text-transform:none">=a href="http://link.mail.bloombergview.com/55086a4c3b35d051538c37cc2qu1qd6/VYg37kmOiyr6LVYXB187b" style="text-decoration:none;color:#00b9e7;li=e-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/55086a4c35d051538c37cc2qu1q.10d6/VQhSBUmO1EvsVeF3Bbf45" style="text-decoration:n=ne;color:#00b9e7;line-height:1.6em">Europe</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">"When the euro s=stem's leaders meet Monday night, the fate of the single currency and the =arger European project will be in their hands. Greece and its creditors ca= finally start to undo the damage of recent months -- or else refuse to bu=ge, and gamble on fatally undermining the whole European venture."</span> =span class="topic-read-more" style="font-family:Arial, sans-serif;textcoration:none;color:#00b9e7;font-weight:normal;font-size:17px;line-heigh=:1.6em;text-transform:none"><a href="http://link.mail.bloombergview.com/P86a4c3b35d051538c37cc2qu1q.10d6/VYg37kmOiyr6LVYYBc002" style="text-dec=ration: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">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">"Switzer=and is a wealthy country and can rely on its past earnings to maintain liv=ng standards during a period of stress. It is also agile enough to partial=y counter the impact of exchange-rate overvaluation through a gradual inte=nal devaluation -- that is, the acceptance by Swiss workers of lower nomin=l wages. ... The problem for Switzerland is that euro-zone monetary policy=normalization is quite far away."</span> <span class="topic-read-more" s=yle="font-family:Arial, sans-serif;text-decoration:none;color:#00b9e7;fo=t-weight:normal;font-size:17px;line-height:1.6em;text-transform:none"><a h="http://link.mail.bloombergview.com/55086a4c3b35d051538c37cc2qu1q.10d=/VYg37kmOiyr6LVYZB9b6a" style="text-decoration:none;color:#00b9e7;line-h=ight: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/55086a4c35d051538c37cc2qu1q.10d6/VQtJukmOpKWLGCG4B64d8" 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">William Pesek:</span> <span class="topic-contri=utor-quote" style="font-family:Georgia, serif;font-weight:normal;color:#3333;font-size:17px;line-height:1.6em;text-transform:none">"China's stimu=ate-growth-via-stocks plan may be approaching an endgame. The government w=ll surely try to backstop the market: Xi needs to maintain the aura of Chi=ese government omnipotence. But there will come a time when the tide turns=and the market gets away from Beijing, proving that the world's most excit=ng stock rally has no clothes. It may soon be upon us." </span><span class="topic-read-more" style="font-family:Arial, sans-serif;text-decoration=none;color:#00b9e7;font-weight:normal;font-size:17px;line-height:1.6em;tex=-transform:none"><a href="http://link.mail.bloombergview.com/55086a4c3b351538c37cc2qu1q.10d6/VYg37kmOiyr6LVYaB364e" style="text-decoration:non=;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">Adam Minter:</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">"Tempering the h=bits of China\u2019s young and rich, after a lifetime spent indulging t=eir impulses, won\u2019t be easy. And, unfortunately, the millions of f=mily businesses that comprise the backbone of the Chinese economy don't ha=e a clear backup plan." </span><span class="topic-read-more" style="fo=t-family:Arial, sans-serif;text-decoration:none;color:#00b9e7;font-weight:=ormal;font-size:17px;line-height:1.6em;text-transform:none"><a href="htt=://link.mail.bloombergview.com/55086a4c3b35d051538c37cc2qu1q.10d6/VYg37kmO=yr6LVYbB54dc" style="text-decoration:none;color:#00b9e7;line-height:1.6e=">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/55086a4c35d051538c37cc2qu1q.10d6/VQoHU0mOo5ZTeiFoBd5a2" style="text-decoration:n=ne;color:#00b9e7;line-height:1.6em">India</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">Dhiraj Nayyar:</span><span class="topic-contrib=tor-quote" style="font-family:Georgia, serif;font-weight:normal;color:#3333;font-size:17px;line-height:1.6em;text-transform:none"> "The window of=opportunity for Indian Prime Minister Narendra Modi to press for serious e=onomic reform seems to be closing. A little over a year after taking offic=, Modi\u2019s government has been caught up in its first big political ndal." </span><span class="topic-read-more" style="font-family:Arial= sans-serif;text-decoration:none;color:#00b9e7;font-weight:normal;font-siz=:17px;line-height:1.6em;text-transform:none"><a href="http://link.mail.b=oombergview.com/55086a4c3b35d051538c37cc2qu1q.10d6/VYg37kmOiyr6LVYcBf108" =tyle="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/55086a4c35d051538c37cc2qu1q.10d6/VQoHU0mOo5ZTeiFgB0844" style="text-decoration:n=ne;color:#00b9e7;line-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">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">"Toyota sharehol=ers last week approved the issuance of 50 million new shares -- and not ju=t any new shares. The securities are a curious hybrid: They look like stoc= but behave more like convertible bonds. If you're interested in the quali=y of corporate management, it's an innovation worth watching." </span><spa= class="topic-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/5508c3b35d051538c37cc2qu1q.10d6/VYg37kmOiyr6LVYdBe50f" style="text-decorat=on: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/55086a4c35d051538c37cc2qu1q.10d6/VP9kIkmOpoExRQKWB04cc" 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">Ritholtz </span><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/55086a4c5d051538c37cc2qu1q.10d6/VYg37kmOiyr6LVYeB0acc" style="text-decoration:=one;color:#00b9e7;line-height:1.6em">(Read the news roundup)</a></span></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">When ordinary beats extraordinary: <span class="roundup-d-more" style="font-family:Arial, sans-serif;text-decoration:none;colo=:#00b9e7;font-weight:normal;font-size:17px;line-height:1.6em;text-transfor=:none"><a href="http://link.mail.bloombergview.com/55086a4c3b35d051538c32qu1q.10d6/VYWKU8Po0zFOvNn7B3824" style="text-decoration:none;color:#0e7;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">The housing market, any way you look at it, can\u2019t =ose. <span class="roundup-read-more" style="font-family:Arial, sans-se=if;text-decoration:none;color:#00b9e7;font-weight:normal;font-size:17px;li=e-height:1.6em;text-transform:none"><a href="http://link.mail.bloombergv=ew.com/55086a4c3b35d051538c37cc2qu1q.10d6/VYaZWcPom0onCvWOB5672" style="=ext-decoration:none;color:#00b9e7;line-height:1.6em">Read more...</a></spa=></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">Twitter\u2019s Project Lightning will curate the news a=ound live events. <span class="roundup-read-more" style="font-family:A=ial, sans-serif;text-decoration:none;color:#00b9e7;font-weight:normal;font=size:17px;line-height:1.6em;text-transform:none"><a href="http://link.ma=l.bloombergview.com/55086a4c3b35d051538c37cc2qu1q.10d6/VYP2csPo3zgOY9RFB8b=1" style="text-decoration:none;color:#00b9e7;line-height:1.6em">Read mor=...</a></span></span></li>
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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/55086a4c35d051538c37cc2qu1q.10d6/VTfGlEmObaX_xEQPBd2d4" style="text-decoration:n=ne;color:#00b9e7;line-height:1.6em">Early Returns</a></span></p>
<p><span class="topic-contributor-quote" style="font-family:Georgia, se=if;font-weight:normal;color:#333333;font-size:17px;line-height:1.6em;text-=ransform:none">Want <span class="topic-contributor-name" style="font-f=mily:'Arial Black', sans-serif;font-weight:bolder;color:#333333;font-size:=7px;line-height:1.6em;text-transform:none">Jonathan Bernstein's</span> new=letter?</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/55086a4c3b35d051538c37cc2qu1q.10d6/VYg37kmOiyr6LVYfB3380" s=yle="text-decoration:none;color:#00b9e7;line-height:1.6em">Subscribe...<=a></span></p></td>
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