Subject: Volvo gives Tesla an unwelcome jolt
From: "Bloomberg View" <[email-masked]>
To: <[email-masked]>
Date: Thu, 6 Jul 2017 05:06:33 -0400 (EDT)

A daily digest of opinions and analysis

Tesla Is Starting to Face Serious Competition

When Swedish automaker Volvo said yesterday that all its cars will be electric or hybrid within two years, the announcement should have sent shivers down Elon Musk’s spine. Leonid Bershidsky explains why electric-car upstart Tesla shouldn’t underestimate the threat from legacy manufacturers.

Silicon Valley Takes Sexual Harassment Seriously (At Last)

After years of accepting harassment as a fact of life, the tech industry is taking steps to end it — because women, no longer fearing retaliation, are speaking out. Applauding the whistle-blowers, Joe Nocera says the problem won’t be solved until those in positions of power face consequences for their actions.

GOP's Health Plan Should Be More Ambitious, Not Less

As Senate Republicans struggle to revamp their unpopular health-care bill, some pundits have urged them to think small. Ramesh Ponnuru argues just the opposite: Conservatives should make the best of a bad situation, and do more to expand private and freely chosen insurance.

Why Higher Employment Means Lower Commodity Prices

It’s a well-established trend: The more Americans are out of work, the higher global commodity prices rise. It may seem counterintuitive, but as Shelley Goldberg explains, there are good reasons why the U.S. labor market indicates where commodity prices are headed.

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Ritholtz’s Reads

Seven signs of overhyped fintech (LSE Business Review)

Risks remain amid the global recovery (Financial Times)

Behavioral finance is for individuals, not markets (Daniel P. Egan)

(Read Barry Ritholtz’s full daily news roundup here.)

Bloomberg Gadfly

Renault finds a brilliant chance at reinvention in China

The kids are alright, and so is Tencent’s business model

Investors find it hard to stay the course in strange winds

(Read more from BV’s sister site for fast business commentary.)

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