Subject: Retailers can't seem to crack the millennial code
From: "Bloomberg View" <[email-masked]>
To: <[email-masked]>
Date: Thu, 14 Dec 2017 05:02:45 -0500 (EST)

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}A daily digest of opinions and analysisDoing Stuff Vs. Buying StuffWhat if the children of baby boomers don't seek personal fulfillment through shopping? Barry Ritholtz warns retailers that generational change affects "not just how America shops, but for what, and for how much and even why."How Putin Became PutinA collection of declassified documents regarding a broken NATO promise explains a cornerstone of how the Russian president sees the world, writes Leonid Bershidsky. Treasury's Shoddy Tax AnalysisIt took Treasury more than six months to produce a superficial one-page analysis of the Republican tax cut proposals. The Bloomberg View editorial board says this shows that Treasury did not take the report seriously, and that Congress should not take it seriously.Mitch McConnell's Job Just Got a Lot HarderJonathan Bernstein writes that the razor-thin victory of a Democrat in Alabama is just the beginning of the drama: Soon the Senate majority leader will barely be able to pass legislation. It will take merely two rebellious (dare we say "maverick"?) Republicans to derail any effort. Ritholtz's ReadsWhat Hedge Funds Will Do After the Hedge Fund Model Dies (Bloomberg)Ignore Volatility; Focus on Ambiguity (Moneybeat)Unfettered Building, Scant Oversight Add to Cost of Hurricanes in U.S. (Reuters)(Read Barry Ritholtz's full daily news roundup here.) Bloomberg GadflyHoneywell sets a low bar for itselfHedge funds: rise of the machinesCalm markets are no reason to bid up stocks(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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