Financial Markets and Economy
Americans feel great about the economy, despite what they're saying (Business Insider)
Americans are not happy with the way things are going in America.
Bond Bulls Keep Buying at Record-Low Yields in Post-Brexit World (Bloomberg)
With investors focused on how central banks will respond to the economic risks posed by Britain’s decision to leave the European Union, bond bulls say this is no time to abandon government debt securities, even with yields at record lows.
Dollar Traders See Jobs Data as Obstacle After Post-Brexit Fade (Bloomberg)
Currency traders will be looking at next week’s jobs report for clues on the dollar’s direction after the greenback had its worst week in a month.
Britain doesn’t matter to the global economy, China does (Quartz)
With all due respect, Britain doesn’t really matter that much.
Wall Street feels better after week-long convulsion in US stocks (Reuters)
A week-long convulsion in U.S. stocks induced by Britain's vote to leave the European Union has left some on Wall Street feeling a little bit better thanks to stronger expectations of prolonged low interest rates. The result of the June 23 referendum has created a bounty of uncertainty about the future of the United Kingdom, Europe and the global economy.
We're entering 'the late stages' of this cycle (Business Insider)
This corporate-credit cycle is almost over.
Almost Everyone Thinks the Pound's Days Are Numbered (Bloomberg)
The pound will fall even further than its three-decade low reached in the immediate aftermath of the Brexit vote, according to almost all the analysts whove changed their forecasts since the referendum.
The Most Fascinating Impact Investor You’ve Never Heard Of (We See Genius)
“I’m committing my career and professional reputation to this notion that at some point in the future it will be unacceptable to deploy capital with utter disregard to the environmental and social consequences for doing so,” Matthew Weatherley-White says, hair still damp from the Pacific.
Why Does a Tire Company Publish the Michelin Guide? (Priceonomics)
When the Michelin Guide comes out each year, foodies freak out.
Michelin’s food critics, known as “inspectors” by the company, only awarded a top ranking of three Michelin Stars to around 100 restaurants in 2016. Restaurants that receive a Michelin Star for the first time can expect a flood of food tourists; losing a Michelin Star devastates restaurateurs.
The Civil War That Could Doom N.R.A. (Vanity Fair)
As the tragic pattern of gun violence continues, federal gun laws remain unchanged, thanks to the hardball tactics of the National Rifle Association. But despite the organization’s $310 million in revenues, political clout, and five-million-plus membership, the N.R.A. does face a genuine threat to its future: a growing divide between its ferocious leadership and sportsman rank-and-file.
Politics
In Response to Trump, Another Dangerous Movement Appears (Rolling Stone)
The "too much democracy" train rolls on.
Last week's Brexit vote prompted pundits and social media mavens to wonder aloud if allowing dumb people to vote is a good thing.
Australian election remains tight as gamble on early polls backfires (Market Watch)
Australian Prime Minister Malcolm Turnbull’s gamble on early elections appears to have backfired, with the results still too close to call early Sunday and his conservatives struggling to secure enough seats in Parliament to form a government outright.
Technology
This 'Hourglass' Liquid Battery Runs on Gravity (Gizmodo)
Scientists at MIT have designed an ingenious new concept for a battery that operates on the same fundamental principal as an hourglass—it relies on gravity to generate energy. They described the device in a recent paper for Energy and Environmental Science.
Drones Have a Role in Your Company’s Future (Wall Street Journal)
When a hailstorm hit San Antonio in April, Kristina Tomasetti knew it was time to call out the drones.
Health and Life Sciences
You're A Bag Of Blood, Give Some Away (Adequate Man)
Several times a year—five if I can—I get stuck by a needle. A friendly hand hunts the crooks of both my elbows for a vein fat enough to poke, swabs it down with iodine, and dabs the spot with a marker as if it were a treasure map. Depending on whether or not I’m in the mood for sterile and unthreatening gore, I either watch as the needle slides under the skin or thumb at my phone in my other hand.
How Syphilis Came Roaring Back (The Atlantic)
In recent months, newspapers around the country have published stories that sound like they could have been written 100 years ago. Indiana’s syphilis cases skyrocketed by 70 percent in a single year. Texas’ Lubbock county was under a “syphilis alert.” Various counties face shortages of the medication used to treat syphilitic pregnant women.
Life on the Home Planet
The Weird World Of Expensive Wine (Five Thirty Eight)
William Koch — yes, one of those Kochs — is giving a tour of his wine cellar when he asks the obvious question: “Did you see the wine bathroom?” he asked. “Wanna see it?”
It’s an opulent cellar, replete with Roman mosaics, a Guastavino-style ceiling and a Dionysian bust.
New, Extremely Valuable Helium Deposit Discovered in Africa (Scientific American)
Using a new technique, scientists have discovered reserves of helium in Tanzania said to be equivalent to seven times the amount of the noble gas consumed worldwide each year. The new source could alleviate recurrent shortages of helium that have plagued users of scientific instruments and medical imaging equipment.
