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Come on, bondholders! Give Puerto Rico a break.
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2017-10-12 09:03:03
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}A daily digest of opinions and analysisGetting Puerto Rico Priorities StraightAttention, bondholders: You took a risk. You lost. That's life. Now think of the victims of Hurricane Maria — millions entering their fourth week without water or power. Joe Nocera makes an appeal to Wall Street: Your fellow Americans are more important than having your loans repaid. Hints of Doubt Appear in the Fed's View of InflationSkeptics of a price rise came to the September FOMC meeting with ammo, according to the minutes released yesterday. Daniel Moss analyzes policymakers' latest thinking on the inflation "mystery."Passive Versus Active Investing: A DebateIt's one of the most hotly disputed topics in finance, and Nir Kaissar and Barry Ritholtz are ready to hash it out. (This much they can agree on: Investors think they've been burned by stock-pickers, but a lot of the harm is self-inflicted.)Not Even Australia Has the Answers on RetirementAustralia's pension system is the envy of the world. It shouldn't be. Satyajit Das explains why the country's much-lauded model for funding retirement is more vulnerable than it appears. Stocks in the Trump Era: What Gives?Despite greater-than-usual dysfunction in Washington, markets have been hitting record high after record high. Justin Fox has three theories that explain why. Ritholtz's ReadsWhy bitcoin's bubble matters (Wall Street Journal)How the new math of gerrymandering works (NYT/The Upshot)Social Security: Why don’t more people wait to claim benefits at age 70? (USA Today)(Read Barry Ritholtz's full daily news roundup here.) Bloomberg GadflyJamie Dimon, tax-reform championKroger needs to admit its Amazon problemThe Fed has absolutely nothing to worry about. Right?(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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