Subject: Share the View 2: Immigration Is the Americas' Problem
From: "Bloomberg View" <[email-masked]>
To: <[email-masked]>
Date: Tue, 28 Jul 2015 12:31:45 -0400 (EDT)

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Share The View

The Latest Opinions From Bloomberg View

Jul 28, 2015

bloombergview.com<=a>

<= href="http://link.mail.bloombergview.com/55086a4c3b35d051538c37cc2vp5j.=ey/VYraAUmO_MKBCKR0Bf761" style="text-decoration:none;color:#00b9e7;line=height:1.6em">Refugees

The Editors: "Their numbers m=y have declined, but the violence they are trying to escape persists. As C=ngress considers the plight of the thousands of people from El Salvador, G=atemala and Honduras who still head north every month, it should keep this=fact in mind." Read mo=e...

Investing

Barry Ritholtz: "Make the phr=se 'the Dow jumped 100 points today on strong earnings reports' into a sen=ence more like 'Industrials rose 0.4 percent for reasons no one understand=.' Your portfolio, if it could think, act and speak, will thank you." Read more...

Guns

Francis Wilkinson: "'How coul= this have happened?' is perhaps the most dishonest question in all of gun=land. American gun culture is impressively pervasive, remarkably influenti=l and reliably deadly. Give the gun lobby its due: It gets results."Read more...

Banking

Mark Gilbert: "While U.S. fin=ncial institutions consolidate their dominance of the world's securities m=rkets and Asia's exploding middle class begins to propel that region's ban=s onto the world stage, Europe looks set to be left behind. The next chall=nger to JPMorgan Chase is much more likely to emerge from China than from =ither the U.K. or the euro zone." Read more...

Asia

William Pesek: "In an intervi=w, [Mitsubishi UFJ] CEO Nobuyuki Hirano revealed plans to spend at least $=.5 billion in the U.S. alone to beef up the bank’s asset-managemen= business. ... This is good news for Japan -- a headline-grabbing admissio= from one of the country’s most respected companies that future pr=sperity will require tapping wealth abroad and de-emphasizing a rapidly ag=ng consumer base at home. It will also be a test of whether Japan Inc.'s c=utious, top-down management style can coexist with faster-paced, more prof=t-driven Western investment houses." <= href="http://link.mail.bloombergview.com/55086a4c3b35d051538c37cc2vp5j.=ey/VbeoEEmOLGw6rbgMBfce9" style="text-decoration:none;color:#00b9e7;line=height:1.6em">Read more...

India

Dhiraj Nayyar: "India�=99s Ministry of Finance and its central bank are on a collision course onc= more. A new Indian Financial Code, a draft of which was put up on the min=stry’s website last week, proposes radical changes to the way the =eserve Bank of India decides on monetary policy." Read more...

Sports

Kavitha A. Davidson: "Everyon= can put down the torches and step back from the blazing-hot keyboard. [Th= Clippers' Josh] Smith wasn't complaining about his money. But I think it'= worth asking why everyone was so quick to jump on him when they thought h= was." Read more...

News Roundup

Ritholtz (Read the news roundup)

Can any ex-Citadel money managers ever hope to beat Ken Gr=ffin?: Read more...<=a>

It has been nearly seven years since shares of Bank of Ame=ica or Citigroup traded above book value: Read more...

Raise the Gas Tax Already: Read more...

Early Returns

Want Jonathan Bernstein's =span class="roundup-chatter" style="font-family:Georgia, serif;color:#=33333;font-size:17px;line-height:1.6em;text-transform:none">newsletter? Subscribe...

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