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Jul 22, 2016

Bloomberg View - July 22, 2016: Share The View: Where Trump's Campaign Went to Die

Share the View

Well. We Can All Agree It Was a Long Speech.
Over the course of more than an hour as he accepted the Republican presidential nomination, Donald Trump touched on foreign policy, immigration, education and criminal justice reform.
But, the Bloomberg View editorial board writes, the promises and proposals did not touch reality.
Getting to Know the Now-Official Nominee
The Republican National Convention in Cleveland this week was revealing. Francis Wilkinson shows Trump to be a dealmaker who somehow loses when he's holding all the cards. Timothy L. O'Brien points out that this manager never really managed anything. Eli Lake describes Trump as an ersatz hawk whose policy for confronting Russia boils down to "surrender and retreat" (an approach that the Bloomberg View editorial board calls myopic). Even the wall turns out to actually be more of a "wall."
Dude, Where's My Car?
Elon Musk's "master plan" for Tesla is all promise and no product. Shareholders are ready for some results. So is Edward Niedermeyer.
Location, Location, Location
The U.S. should get its nuclear weapons out of Turkey, but not because the attempted coup revealed any particular vulnerability there. Tobin Harshaw writes that these nukes should be moved because their deterrent power is needed in Europe, to contain Russia.
WWYD? Yellen Should Let Us Know
The world still doesn't know what the Fed thinks about Brexit. Narayana Kocherlakota finds that unacceptable. He says Chairwoman Janet Yellen should be making more speeches.
How Much for That Carbon in the Window?
Canada's ruling party pledged to bring market pressures to bear on greenhouse gas emissions. The Bloomberg View editorial board writes that there's an efficient way to do that quickly, and there's a hard way to do it slowly.
Ritholtz's Reads
  • What’s (still) wrong with executive compensation in America (JSTOR)
  • Grid hack exposes troubling security gaps for local utilities (E&E)
  • You should delete half your iPhone apps. Seriously. (Recode)
(Read Barry Ritholtz's full daily news roundup.)
Bloomberg Gadfly