Subject: Zimbabwe's coup is nothing to celebrate
From: "Bloomberg View" <[email-masked]>
To: <[email-masked]>
Date: Thu, 16 Nov 2017 05:03:31 -0500 (EST)

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}A daily digest of opinions and analysisRobert Mugabe Is Out. What's Next?Zimbabwe's longtime autocrat is under house arrest, the military is in control, and the African Union says the situation "seems like a coup."  Events are still unfolding in Harare, but this is undoubtedly the end of an era.But what does that mean for Zimbabwe's 16 million citizens? Bloomberg QuickTakes offers a primer on the balance of power in the country, while Eli Lake says the new leadership is unlikely to be an improvement on the old. Meanwhile, Leonid Bershidsky notes that Mugabe's ouster holds a lesson for other dictators.Ray Dalio Has an Unbelievable AlgorithmJust because something's based on data doesn't mean it's trustworthy. For evidence, just look to the world's largest hedge fund. Cathy O'Neil says a scandal at Bridgewater Associates shows the danger of putting too much faith in figures.Trump's Big Success: Putting Insiders on the Federal BenchThe president's lack of interest in law has been good news for the conservative establishment, and for the president himself. Ramesh Ponnuru argues that Trump scored his biggest win by deferring to experts, playing nice, and basically being as un-Trump-like as possible.The 'Big Five' Could Destroy the Tech EcosystemIf Amazon puts brick-and-mortar retailers out of business, who will advertise on Google and Facebook? Conor Sen warns that the tech industry is nearing a tipping point: Eventually, the industry giants will only be able to grow by destroying their own customer base.The FCC Vote That Puts Local News at RiskToday, the Federal Communications Commission decides whether to eliminate regulations on media ownership. While some of the rollbacks are welcome, the Bloomberg View editorial board warns that others could prove disastrous to local perspectives and programming.Ritholtz's ReadsWall Street invades the legal weed market (Institutional Investor)LA’s new hype king has cracked how millennials spend (Bloomberg Businessweek)FAANG, SCHMAANG: Don’t blame the overvaluation of the S&P solely on information technology (GMO)(Read Barry Ritholtz's full daily news roundup here.) Bloomberg GadflyWhole Foods basks in the glow of Amazon's haloThe GOP's Obamacare threat is doubly painful for insurers Zimbabwe equities are almost more bitcoin than bitcoin(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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