“May you live in interesting times,” and what can be more interesting than our morning train reads:
• Hedge Fund Managers? Who Needs ‘Em! Vanguard Indices Attract $29 billion inflows in March (Gadfly) see also When Mediocrity Trumps Brilliance (A Wealth of Common Sense)
• Uncertainty is a fact of life, so get used to it (MarketWatch)
• Licensing Laws Are Shutting Young People Out Of The Job Market (FiveThirtyEight) see also Class of 2016: The labor market is still far from ideal for young graduates (Economic Policy Institute)
• Can McDonald’s, Other Quick-Service Franchises Digest $15 Minimum Wage? (Investor’s Business Daily) see also McDonald’s CEO Says Better Worker Benefits Boosting U.S. Sales (Fortune)
• Facebook May Have Peaked as a Social Network. But It’s Reinventing Itself as Something Bigger. (Slate) see also Buying Yahoo Without Coming Off as One: The company’s core business isn’t thriving, but suitors are reportedly offering as much as $8 billion. (WSJ)
What are you reading?