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The Latest Opinions From Bloomberg View


January 16, 2015

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Swiss Franc

Mark Gilbert:"For three years, the Swiss National Bank successfully sat on its currency, selling the franc whenever it threatened to appreciate too much for the comfort of Swiss exporters. Yesterday, it tore up that policy, inciting the equivalent of a riot in the currency market and trashing retail brokerages from New York to New Zealand."
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William Pesek:"Haruhiko Kuroda's monetary 'bazooka' just got outgunned by the Swiss."
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Paris Attack

Marc Champion:"The National Museum of Immigration History in Paris is a fascinating place to visit at the moment, against the backdrop of fierce debates over whether to clamp down on new arrivals."
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Energy

The Editors: "In President Barack Obama's fight against climate-changing emissions, carbon dioxide has so far been the chief target -- and methane has been given a pass. So the president's promise this week to finally create new rules that would cut methane emissions by almost half over the next 10 years is most welcome."
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Mark Whitehouse:"The precipitous drop in oil prices poses a big question for the U.S. economy: Which force will prove more powerful, the potential end of the oil boom in some U.S. states, or the boost to consumers as lower energy prices free up spending money?"
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Politics

Albert R. Hunt:"I'm not sure how Mitt Romney's presidential campaign will fare -- mark me down as skeptical -- but the rationale invoked by some of his allies that the third time is the charm, channeling Ronald Reagan, is a non-starter."
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Megan McArdle: "Romney had better study the lessons of his previous failures carefully."
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Sports

Kavitha A. Davidson:"Leave it to the Knicks to somehow mess up tanking."
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Space

Stephen L. Carter:"Sarah Brightman has a cold. ...Brightman, the enormously popular British soprano, is currently in Russia, where she is supposed to begin preparation for her trip this fall to the International Space Station. ... Her cold is news because it has set back the nine-month training schedule."
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News Roundup

Katie Benner
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- Google Glass is dead. Long live Google Glass.
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- Uber was ordered to cease and desist operations in the state of South Carolina.
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- Yahoo's ad technology division is being reorganized.
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Barry Ritholtz
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- The ECB's (losing) battle against deflation:
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- Gold shines as traders seek safety from SNB's shock move:
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- No. Sorry. You're not a "constitutional conservative":
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Matt Levine
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- Franc fallout:
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- Speaking of volatility:
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- Goldman had earnings:
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Jonathan Bernstein
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- Larry Bartels at the Monkey Cage on economic populism and "conservative principles":
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- Emily Cohn at the Huffington Post with the latest evidence the Affordable Care Act is working as intended:
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- Kevin Kosar at the Hill explains why counting laws passed can be a terrible measure of productivity for a Congress:
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