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The Latest Opinions From Bloomberg View


December 1, 2014

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bloombergview.com

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Declassified

Josh Rogin and Eli Lake:"Ever since the Syrian civil war broke out in early 2011, U.S. President Barack Obama has resisted calls from Congress to establish a no-fly zone in the country. Now we have learned that one of Obama's top envoys is negotiating just such a plan with Syria's neighbor Turkey."
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Energy

Mohamed A. El-Erian:"The net overall impact of this year's 28 percent plunge in oil prices is positive for the global economy. But it isn't universal, and it comes with negative dimensions that need to be well understood, lest they end up reversing the benefits."
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Cities

The Editors:"As Detroit exits from the largest municipal bankruptcy in U.S. history, it faces colossal challenges. Nonetheless, there are reasons for optimism -- especially if the city takes this opportunity to face up to some long-smoldering problems."
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Sports

Kavitha A. Davidson:"Ray Rice won his appeal of his indefinite suspension on Friday, and now the running back will be immediately eligible to sign with any NFL team that will have him. Let's get this out of the way: The ruling in no way exonerates Rice."
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Shopping

Barry Ritholtz:"Please repeat the following, once again with gusto: We don't know what Black Friday sales were, not yet. And we certainly don't know what the impact of the actual number will be on final holiday retail data."
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QuickTakeon America's biggest shopping day:
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News Roundup

Matt Levine
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(Read the news roundup)

- Oil is getting cheaper.
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- The Swiss won't be stockpiling gold.
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- If you like market structure, you'll like this Federal Reserve discussion paper about dealer networks in the municipal bond market.
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Ritholtz
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- Simple guide to the sudden collapse in oil prices:
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- Bond secrets decoded 9,539 miles from Wall Street in parking lot:
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- How to feel old:
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Jonathan Bernstein
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(Read the news roundup)

- Why did President Barack Obama cashier Defense Secretary Chuck Hagel?
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- John McTague and Melissa Deckman look at why the "war on women" and birth control may have failed as effective campaign issues.
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- Joseph Lowndes at the New West on "Fear and Fantasy in Ferguson":
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Zara Kessler on What's Popping

- Happy Cyber Monday! "There's No Such Thing as Free Shipping."
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- Chris Rock speaks to Frank Rich. "It's a weird year for comedy. We lost Robin, we lost Joan, and we kind of lost Cosby."
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- "The Hunger Games: Mockingjay, Part 1" was the No. 1 movie in North America as Thanksgiving holiday box office declined more than 20 percent from last year.
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- The "
http://click.email.bloomberg.com/?qs=d5804a0cb0f501866e384148ba616c456ab540d40b8218cb552bbdbb39fc718e
Star Wars: Episode VII: The Force Awakens " teaser trailer. "Of Course There Are Black Stormtroopers in Star Wars."
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India

The Editors:"India lags far behind rival China in wealth and development -- and also in the amount of carbon dioxide it spews into the atmosphere. ... India's relatively low level of development is exactly why it stands to benefit from setting aggressive emissions targets."
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European Economy

Clive Crook: "European Central Bank President Mario Draghi and his colleagues are ready to do whatever it takes to rescue Europe's economy from deflation. This must be true because they keep on saying it."
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Asia

William Pesek:"Taiwan President Ma Ying-jeou's pro-China strategy took a harsh rap over the weekend. In island-wide local elections, young voters came out in force to reject Ma's efforts to develop closer ties with the mainland."
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