
Equity Volatility Tumbles as Bonds Decline: Markets Wrap
published May 8th 2017, 5:26 pm, by Adam Haigh (Bloomberg) —Faith in the global economy reasserted itself, with bonds declining and U.S. stocks rising to fresh records while a gauge of volatility in the equity market tumbled to the lowest level since 1993. Asian stock-index futures signaled a mixed start

Matt Levine’s Money Stuff: Investing Stores and Libyan Bribes
published May 4th 2017, 8:31 am (Bloomberg View) — Morgan Stanley vs. Vanguard. Morgan Stanley runs investing stores across the country, and if you walk into their investing stores you will see investments on the shelves. You’ll browse around, pick out some investments that you like, maybe ask a sales associate

Senate Republicans Plan Health Bill That Keeps Some of Obamacare
published May 7th 2017, 11:43 am, by Chris Strohm and Ben Brody (Bloomberg) —Republican senators plan to write a health-care bill that could be radically different from the one passed last week by the House, including keeping some of the benefits and safeguards currently enshrined within Obamacare. The Senate’s different

How Trump Could Bring Peace to the Middle East: Noah Feldman
published May 7th 2017, 9:00 am, by Noah Feldman (Bloomberg View) —When it comes to Middle East policy, usually all roads don’t lead to Rome. But President Donald Trump has good reason to visit the pope on the same circuit as his peace mission to Israel and Saudi Arabia. Trump’s

Facebook Charts a Course for Sports While Rivals Spend on Rights
published May 4th 2017, 12:26 pm, by Eben Novy-Williams (Bloomberg) —Facebook is backing away from the high-priced market for big-time sports, setting the social network apart from other digital media companies and drawing a line in the sand for the major leagues. Leagues like the NFL and Major League Baseball

Korean Vote a Sideshow for Investors Eyeing Trump And the North
published May 4th 2017, 3:00 pm, by Kyunghee Park and Jung Park (Bloomberg) —South Korea’s presidential election should usher in a period of stability for the country’s political scene — but the same can’t be said for its financial markets. Korean assets are diverging as investors look beyond the ballot

Washington Is Making It Tougher to Retire
published May 4th 2017, 4:00 pm, by Ben Steverman (Bloomberg) —Americans face two big problems as they get older: a shortage of retirement savings and the skyrocketing cost of health care. Both may be about to get worse after two narrow votes in Congress this week. On Wednesday, the Senate voted

Trump Said Ready to Ease Rules on Religious Groups in Politics
published May 3rd 2017, 5:58 pm, by Jennifer Jacobs and Justin Sink (Bloomberg) —President Donald Trump is poised to take actions aimed at giving churches and religious groups greater leeway to engage in politics without risking their tax-exempt status, according to two White House officials. An announcement on an executive

What Is Washington Doing to My 401(k) Tax Break?
published May 3rd 2017, 8:45 am, by Suzanne Woolley (Bloomberg) —Twitter had a brief freakout last week after White House spokesman Sean Spicer seemed to suggest that pretax 401(k) contributions to retirement savings were in danger. The White House hastened to say that wasn’t part of the proposed tax overhaul

Tesla Has an Oracle But Investors Must Consider Delphi: Gadfly
published May 3rd 2017, 5:56 pm, by Liam Denning (Bloomberg Gadfly) —David Einhorn says Tesla Inc.’s valuation is a bubble. But then, you hardly need to pay a hedge-fund manager to know that. Tesla’s stock fell slightly in after-hours trading following the release of first-quarter results late Wednesday. Even so,