Good morning! Pour yourself some coffee, and enjoy these Sunday reads:
• Has the Stock Market Selloff Run Its Course? (Bloomberg) see also Nothing Grows Forever, Including the Stock Market (Bloomberg)
• Economic numerology: In fixing economics, a more honest use of numbers would be a start (Medium)
• California Town’s Bankruptcy Challenges Sanctity of Pensions (DealBook) but see Ruling Isn’t a Free Pass for Cities to Cut Pensions, Experts Say (Dealbook)
• Liftoff Q&A with Joshua Brown of Ritholtz Wealth Management (Abnormal Returns)
• New Pimco Captain’s Style: More Teamwork, Fewer TV Cameras (WSJ) but see What Will the Gross Exit Cost? (Chief Investment Officer)
• Six Years Later, We’re Still Litigating the Bailouts. Here’s What We Know. (Upshot)
• When $7 Million Is Average for Manhattan (Bloomberg)
• When Will the Obama Recovery Start Helping Democrats? (New Yorker)
• Alibaba’s Founder on Why His Company Is Killing It in China (Slate)
• Prince Songs To Fuck To, Ranked (Deadspin)
What’s for brunch?
Eurozone and U.S. Real GDP
Source: Washington Center For Equitable Growth
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