Subject: Share the View 2: Greece's Next Steps
From: "Bloomberg View" <[email-masked]>
To: <[email-masked]>
Date: Tue, 30 Jun 2015 12:35:07 -0400 (EDT)

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Share The View

The Latest Opinions From Bloomberg View

Jun 30, 2015

bloombergview.com<=a>

<= href="http://link.mail.bloombergview.com/55086a4c3b35d051538c37cc2rz2d.=hn/VP9kIkmOpoExRQKUBed86" style="text-decoration:none;color:#00b9e7;line=height:1.6em">Investing

Matthew A. Winkler: "Environm=ntalists love energy companies that don't pollute. That should be obvious.=Not so obvious: So do investors. Stocks of clean-energy companies are prov=ng to be better investments than those of companies that produce most of t=e Western Hemisphere's power, and are outperforming the rest of the stock =arket as well." Read m=re...

Greece

Mohamed A. El-Erian: "Greece=E2€™s dramatic decision to close its banks and impose capital controls=has averted a bank run and limited the flight of euros out of the country.=A perilous week still remains ahead. ... Officials will have no choice but=to seriously ponder the use of IOUs to meet domestic obligations. Doing so= however, would move Greece one step closer to the introduction of a new c=rrency." Read more...<=a>

Mark Gilbert: "Greek Prime Mi=ister Alexis Tsipras seems to have badly misjudged how fearful the guardia=s of the euro are of the consequences of Greece exiting the common currenc=. It turns out the cost to the rest of the euro region is absolutely minim=l, at least thus far. A post-Greece euro looks to be a lot better off than=a post-euro Greece does." Read more...

National

The Editors: "According to Pu=rto Rico Governor Alejandro Garcia Padilla, the U.S. commonwealth has $72 =illion in debts that it cannot pay. Maybe now Congress will start paying a=tention. ... Puerto Rico's profligate politicians got it into this mess. B=t thanks to its curious political status as a U.S. commonwealth, even the =ost far-seeing among them lack the power to get it out." Read more...

2016 Elections

Jonathan Bernstein: "Of the n=ne Republican presidential candidates I consider viable, I have New Jersey=Governor Chris Christie as dead last. ... Still, he remains a candidate wi=h conventional qualifications (unlike, say, Carly Fiorina or Ben Carson), =nd he is in the Republican mainstream on policy (unlike Rand Paul). A sudd=n surge in public opinion would make a lot of Christie's liabilities look =ess formidable." Read =ore...

Tech

Leonid Bershidsky: "At first =lance, Uber's most recent troubles in France look like an especially viole=t case of a hidebound country's reaction to technological disruption. I, t=o, was once tempted to see Uber's legal problems in Europe in that light. =ow, I think there's a valid reason for the French government to resist the=spread of Uber. The company is not doing enough to convince governments or=the European public that it isn't a scam." Read more...

Latin America

The Editors: "Brazil's Presid=nt Dilma Rousseff is in the U.S. this week, and she might be glad for the =hange of scenery. Back home, the economy is in recession, the government i= beset by corruption, and her approval rating stands at a dismal 10 percen=. So Rousseff has a lot to gain from a successful trip, whose schedule inc=udes a joint press conference with President Barack Obama on Tuesday. What=s less obvious, but no less true, is that the U.S. has much to gain as wel=." Read more...<=span>

News Roundup

Barry Ritholtz (Read the news roundup)

A shortage of tools for betting=against China: Read more...

Custodians' payments to RIAs fo= fund picks raise eyebrows: R=ad more...

Delusions of future outperforma=ce: Read more...=/span>

Money Stuff

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