Subject: Beware China's Shadow Banks
From: "Bloomberg View" <[email-masked]>
To: <[email-masked]>
Date: Tue, 7 Jun 2016 05:02:28 -0400 (EDT)

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China's "shadow" banks, which hold assets worth about 80 percent of the country's GDP, have become dangerously intertwined with commercial banks. Christopher Balding explains why they pose a growing systemic threat.
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Switzerland Passes on Universal Basic Income
Swiss voters on Sunday roundly rejected a proposal to provide stipends to all citizens, an idea that's gained traction with social reformers and Silicon Valley evangelists alike. While Megan McArdle is as skeptical of the concept as the Swiss are, Leonid Bershidsky says their rejection will likely be a temporary setback for a promising movement.
Tuning Out the Financial Noise
When you're engulfed in a swirling blizzard of news and information, each new data point can seem critical. The good news for traders and investors is: It isn't. Barry Ritholtz considers what to focus on, what to ignore, and how to make sense of out of the chaos.
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(Read Barry Ritholtz's full daily news roundup.)
Bloomberg Gadfly 

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(Read more from BV's sister site for fast business commentary.)                                                                                                                                                                                                                                                               For more information, email [email-masked].                                                     For media inquiries, contact Jill Watanabe at +1-212-617-1610 or [email-masked].                                                                                                                                                              You received this message because you signed up for Bloomberg View newsletters.                                                                                   bloomberg.com/view | 731 Lexington Avenue, New York, NY 10022 | Contact Us | Unsubscribe                   <a href="http://link.mail.bloombergview.com/click/6882583.22907/aHR0cDovL3d3dy5tYWlsLmJsb29tYmVyZ3ZpZXcuY29tIg/55086a4c3b35d051538c37ccB3bdecbce><img src="http://link.mail.bloombergview.com/img/55086a4c3b35d051538c37cc43imv.hob/2d35bc0c.gif" alt="" border="0" /></a>                                                                             

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