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10 Wednesday AM Reads

My mid-week morning train reads: • China’s Ambitious Plan to Make the Yuan the World’s Go-To Currency (Bloomberg) • For Profit Colleges: The Industry That Was Crushed By Obama (Buzzfeed) • The Penny Stock Chronicles — An Investigative Series (The Intercept) • We went to China’s Silicon Valley to see the front lines of the robot wars (The… Read More The post 10 Wednesday AM Reads appeared first on The Big Picture.
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10 Wednesday AM Reads

Business & Finance / Investing : The Big Picture

My morning train plane reads: • The World’s Most Powerful Stock Pickers Don’t Manage a Penny (Bloomberg) • The Laws of Capitalism are Being Rewritten (Reformed Broker) see also The Profit Motive Behind Financial Complexity (Bloomber...

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After 2 days of dramatic weakness in the Chinese currency, the Yuan is strengthening modestly at the open following the 8% plunge year-over-year in Chinese Industrial Profits. This is the biggest drop n profits since Bloomberg data ...

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