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The Latest Opinions From Bloomberg View


January 15, 2015

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bloombergview.com

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European Economy

Mohamed A. El-Erian:"It would be hard to script a more challenging context for the European Central Bank's high-stakes policy meeting next week. In a renewed effort to stimulate economic growth and avoid damaging deflation, the central bank is poised to take unprecedented measures."
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The Editors:"For months, European Central Bank President Mario Draghi has hinted that he's ready to announce a full-blown program of quantitative easing. Yesterday the EU Court of Justice's advocate general cleared away a possible legal obstacle."
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Mark Gilbert:"The Swiss National Bank's shock move today to stop intervening in the foreign exchange market all but guarantees the European Central Bank will finally introduce quantitative easing when it meets Jan. 22."
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Declassified

Eli Lake and Josh Rogin:"This week, Pentagon officials began calling up retired generals to let them know that their home addresses, private e-mails and other personal information had appeared in a document that was publicized globally by a group claiming to support Islamic State."
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Economics

Noah Smith:"Matt Yglesias of Vox has posted a list of '9 things only neoclassical economists will understand.' ... I, your friendly neighborhood economics columnist, will explain Yglesias's nine things in layman's terms."
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Sports

Kavitha A. Davidson:"A baseball legend and two former basketball players are among the many people interested in buying the embattled Atlanta Hawks. After a string of embarrassments over race, that could help bridge the league's divides -- even if it raises other problems."
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News Roundup

Katie Benner
http://click.email.bloomberg.com/?qs=563232f7e254f4066014351f54bc58a62fb8fd04fae8afe4a181dc02e2f5d4fb
(Read the news roundup)

- Bitcoin was supposed to be a substitute for gold, but now it's behaving more like oil.
http://click.email.bloomberg.com/?qs=563232f7e254f406108d62447e745ce68542e2f7655c6abea1609c784ee36349
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- Snapchat wants to charge brands $750,000 a day to advertise on the app.
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- Have Uber and Lyft inspired the cab companies to deregulate?
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Jonathan Bernstein
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(Read the news roundup)

- Very thoughtful item from Vox's Ezra Klein about Paul Ryan, the presidency and Congress:
http://click.email.bloomberg.com/?qs=563232f7e254f406d770cb276671f61b2d52f8ec4e51bc4e1eee6ae697ce96f2
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- Annie Lowrey at New York magazine on dynasties and women in politics:
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- Greg Sargent of the Plum Line on what House Republicans are telling us about their immigration preferences:
http://click.email.bloomberg.com/?qs=563232f7e254f4061b9c8e5006bd83250364a61282b34dccb251f2f84bc094f8
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Matt Levine
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(Read the news roundup)

- Maybe skip that trip to Switzerland.
http://click.email.bloomberg.com/?qs=563232f7e254f40624d22faad48f34eb01bd7b6a1b3494e8874a87bafb307751
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- Some mergers and acquisitions news and non-news:
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- And some stock-based lending:
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Barry Ritholtz
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(Read the news roundup)

- Passive is massive:
http://click.email.bloomberg.com/?qs=563232f7e254f4067df75bd620e3dcde428ad21dab4c8c26c06b3a50d9de0add
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- Why you should buy the most despised company in America:
http://click.email.bloomberg.com/?qs=563232f7e254f40685d7a382d3c2b141ecc1fc9d38a9d474f6a35dcd1c813760
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- Nine reasons why bond yields are falling:
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