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.footer .iOSLink a { color: #666666 !important; text-decoration: none !important; } @media only screen and (max-device-width: 480px) { body { padding: 10px !important; } .one-column p, .one-column li { font-size: 19px !important; line-height: 29px !important; } }A daily digest of opinions and analysisThe Real Lesson From Trump’s First 100 DaysThe president’s big hundred-day milestone is here, and what does he have to show for it? Obamacare is still the law of the land. His tax-reform plan is vague, costly, and unlikely to pass without major changes. He’s backtracked on a dozen campaign promises. And let’s not even talk about those interviews.So Donald Trump has a lot to learn. But Jonathan Bernstein suspects he won't. The Republican Party, on the other hand, could take away a very valuable lesson.ESPN Can’t Afford to Go On Like ThisThe heavyweight sports network shed 100 employees this past week, but layoffs can’t make up for the revenue lost as consumers abandon cable bundles. Joe Nocera argues that ESPN’s problems — a sputtering business model and the rise of internet competitors, to name two — are more profound than many realize.All Those Bubble Sightings Turned Out to Be a MirageSounding an alarm about market excesses is easy, but getting the timing right is hard. Just ask the pundits who've been wrongly predicting a bubble for four, five, even six years now. Are they opportunistic? Maybe depressed? Noah Smith offers an alternative theory to explain market doomsayers, rooted in cognitive psychology.Coming to the Multiplex: Movies Written by MachinesMaybe not this weekend, at least, but a new film written by artificial intelligence shows promise for the technology. Stephen Carter explains why a creepy, funny, eight-minute short starring David Hasselhoff may offer a glimpse into the future of cinema.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 crucial decision Elon Musk made when he was broke (CNBC)Luck looms larger in success than most of us think (Cornell Chronicle)On the generous curiosity of Jonathan Demme, and how he allowed audiences along for the ride (Los Angeles Times)(Read Barry Ritholtz’s full daily news roundup here.)Bloomberg GadflyLosses lurk in Trump’s tax planThis big short threatens to be a big bustWhy shouldn’t American Airlines give staff a raise?(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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