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More questions than answers in Pakistan
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2017-07-29 09:02:31
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}A daily digest of opinions and analysisSharif’s Ouster Is Bad NewsWhatever you think of Nawaz Sharif, the former Pakistani prime minister who stepped down on Friday, the circumstances of his ouster are troubling. Although he left after a Supreme Court ruling, Mihir Sharma says it’s hard not to see the hand of the military behind his dismissal. Meanwhile, the Bloomberg View editorial board fears that the country’s courts have assumed a responsibility that properly belongs to voters — which bodes ill for democracy and for regional stability. Maybe Private Equity Doesn’t Deserve Its Bad ReputationThe PE industry gets blamed for worsening inequality and corporate short-termism, but research suggests private-equity buyouts do a lot of good — boosting productivity and wages, and maybe even improving worker safety. Noah Smith says that’s good reason for critics to relax a little.Scaramucci’s Rant Should Terrify Trump VotersA president needs to attract talented people. His new communications director will make that task even harder. Ramesh Ponnuru runs down the four biggest reasons Anthony Scaramucci’s recent outburst should worry Trump supporters (and no, his potty mouth isn't one of them). Cities' Success Leaves Them Vulnerable in the Next DownturnUrban centers, with their concentration of white-collar jobs, aren’t as diverse and resilient as they used to be. Conor Sen warns that the same qualities that made them boom over the last two decades could cause a bust when the next recession hits. Big Data Shows Big Promise in MedicineComputers are already outperforming doctors in some ways (though their bedside manner leaves something to be desired). Faye Flam explains how machine learning could save thousands from deadly drug side effects or otherwise incurable cancers. Before it’s here, it’s on the Bloomberg Terminal. Find out how the Terminal delivers information and analysis that financial professionals can’t find anywhere else. Learn more.Ritholtz’s ReadsThe stupidest thing you can do with your money (Freakonomics)How work changed to make us all passionate quitters (Aeon)The worst calendar year for bonds is a bad day for stocks (Irrelevant Investor)(Read Barry Ritholtz’s full daily news roundup here.) Bloomberg GadflyFDA cigarette proposal tests tobacco’s Teflon stocksWashington chaos lulls the bond market to sleepTrump’s Obamacare death threat is likely bluster(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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