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}A daily digest of opinions and analysisStart Preparing for the Next Hurricane HarveyThe rainfall in Texas may be unprecedented, but climate change will make intense storms more common throughout the U.S. and the world. Fortunately, cities can fight back. Paul Ferraro offers four steps policy makers can take to prepare for the next big hurricane, while Justin Fox examines how the built environment makes cities more (or less) vulnerable to floods.India and China Turn Down the HeatA border conflict in the Himalayas ratcheted up the tension between Asia’s giants this summer, but the two countries seem to be figuring out how to live together. Mihir Sharma sees a hopeful sign for long-term regional stability.China’s Car Sector Needs a ShakeupSeven of the 10 best-selling cars in China are imports, and government policies meant to help are only hobbling the industry. Michael Schuman says Chinese automakers need a healthy dose of the free market, not subsidies or foreign acquisitions.I’m Winning My Battle With Smartphone AddictionMobile devices are easily adjustable. Brains, alas, are not. Fortunately for the distracted everywhere, Leonid Bershidsky has found digital detox strategies that work.Fans Watch Taylor Swift. Economists Watch the Fans.In a novel ticketing experiment, the star will give first crack at concert passes to fans who "boost" her work online. It’s an auction, but the currency isn’t money — and Scott Duke Kominers is intrigued.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 ReadsSix trillion reasons for stocks’ rise (Bloomberg Gadfly) I’m buying gold. This is not a typo. (Irrelevant Investor)The market is high. Beware of portfolio drift. (New York Times)(Read Barry Ritholtz’s full daily news roundup here.) Bloomberg GadflyChina's bad banks go rogueUnitedHealth shows its deal-making smartsA bond bailout could plug the hole in flood financing(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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