Subject: "Yellen without Yellen"
From: "Bloomberg View" <[email-masked]>
To: <[email-masked]>
Date: Fri, 3 Nov 2017 05:02:32 -0400 (EDT)

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}A daily digest of opinions and analysisSo Trump Can Be Moderate Sometimes!"Continuity" and "experience" aren't two words you typically associate with Trump appointees, but those are two qualities the president's new pick for Federal Reserve chair, Jerome Powell, brings to the table, according to Mohamed El-Erian.Dan Moss expects the new chair's approach won't be radically different from his predecessor's (who, by the way, will be sorely missed). But as the Bloomberg View editorial board notes, Powell doesn't just stand for business as usual, and a lot remains unpredictable.The Latest Republican Tax Plan Is a Work in ProgressIt would add $1.49 trillion to the deficit, hit wealthy homeowners hard, and keep the carried-interest loophole — that is, if Republicans' final tax plan looks like the one they unveiled in the House Thursday, which remains an open question. Bloomberg News has a full rundown of the plan here. At View, opinion is mixed: Ramesh Ponnuru applauds the plan for making sensible changes to the corporate tax code, but the editorial board slams it as even more complicated than the status quo. Meanwhile, Megan McArdle is impressed that Republicans can't find common cause on taxes, of all issues.Video Gaming Should Be the Next Olympic SportThere might be a place for gamers in the Games, according to the IOC, which announced last week that competitors "train with an intensity which may be comparable to athletes in traditional sports." Adam Minter is all for it: Adding video games would broaden the Olympics' appeal, especially in Asia, he says.Ritholtz's ReadsFacebook is still in denial about fake news (Bloomberg Businessweek)Ready for the golden years? Here's eight facts on retirement savings (ABC)Investors to managers: Cut the data and tell me the story! (Institutional Investor)(Read Barry Ritholtz's full daily news roundup here.) Bloomberg GadflyPizza Hut gets delivery religionApple's earnings are a Rorschach test Broadcom's U.S. homecoming is trumped up(Read more from BV's sister site for fast business commentary.)Bloomberg L.P. ● 731 Lexington Avenue, New York, NY 10022Web ● Facebook ● TwitterFeedback ● Unsubscribe

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