My morning train reads:
• Is the Knicks’ James Dolan the Worst Owner in Professional Sports? (Bloomberg Businessweek)
• Why a GMO Strategist Is Bearish on U.S. Stocks but Positive on Modern Monetary Theory (Barron’s)
• Twitter is finally figuring out how to monetize its user base (Quartz)
• States With High Minimum Wages Are Doing Just Fine (Bloomberg)
• Amazon’s Revolutionary Retail Strategy? Recycling Old Ideas (Wired)
• Financial Crisis Yields a Generation of Renters (Wall Street Journal)
• Billion-dollar baby: How Carter’s became a staple of just about every child’s wardrobe (Washington Post)
• Tesla Loses a Founder, and a Piece of Its Soul (Bloomberg)
• Actually, Robert Mueller Was Awesome: History will show that he had one big goal, and nailed it. (Politico)
• Remembering César Pelli, architect of iconic skyscrapers worldwide (Curbed)
Be sure to check out our Masters in Business interview this past weekend with Nathan Sheets, chief economist and head of global macroeconomic research at PGIM Fixed Income, which manages $776B in global fixed-income funds.
With Stocks at Fresh Highs, Investors’ Portfolios Look Alike
Source: Wall Street Journal