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}A daily digest of opinions and analysisCape Town Is the Canary in the Climate Coal MineEarth Day 2018 could mark a sad milestone for humanity: The reservoirs that feed Cape Town are set to fall below critical levels, making it the first time a great modern metropolis runs out of water. Mihir Sharma says South Africa's second city offers a grim preview for the rest of the world. U.S. Accountants Get Stuck in the Revolving DoorIn lighter news — want a job at a company you regulate? Simple: Just be really tough. Or be really easy. Matt Levine mines the emails in a white-collar crime case for fun reading and life lessons. (Note: Do not follow these lessons.)Amazon's 3 Washington-Area Finalists Aren't All the SameMaryland is for millennials. Northern Virginia is for parents. And the District of Columbia is kind of a head-scratcher. If Amazon chooses any of these for its next headquarters, Tyler Cowen says, it will reflect some important truths about America's economic future.For a Golden Retirement, Put It OffNo matter how much you make, waiting just a few months more before retiring has enormous advantages. Justin Fox explains why it pays to delay.Ritholtz's ReadsSustaining retirement income in a lower-return world (Vanguard Blog)Medical advances increase the odds you're going to need more in your 401(k) (USA Today)How a misfit group of computer geeks and English majors transformed Wall Street (New York)(Read Barry Ritholtz's full daily news roundup here.)Bloomberg GadflyBacardi spikes the punch bowlBill Ackman trades the bang for the whimperThe world's largest pension fund needs risky business(Read more from BV's sister site for fast business commentary.)Bloomberg L.P. ● 731 Lexington Avenue, New York, NY 10022Web ● Facebook ● TwitterFeedback ● Unsubscribe

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