Good Tuesday morning. Here is what I am reading today:
• Wolf Ball: Why London’s bankers love Wall Street fraudster Jordan Belfort (London Evening Standard)
• Uh-Oh: The Profits Bubble (Research Affiliates), see also Investors Most Upbeat in 5 Years With Record 59 Percent Bullish in Poll (Bloomberg)
• Why Japan’s debt hasn’t wreaked havoc yet (Vox)
• Bove’s Book-Length Defense of Big Banks Goes Long on Straw Men and Conspiracy Theories (New Republic)
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