Happy Tuesday morning! Here are some reads to start you off:

  • The Decline and Fall of Trading as a Money Maker for Giant Banks (Quartz)
  • RIP Record Profit Margins (Reformed Broker) see also Help Wanted Signs Are Popping Up in U.S. Cities (Businessweek)
  • The Problem with Payments (stratechery)
  • On the Intriguing Drop in Commodity Correlation (FT Alphaville)
  • Bank of America’s Bad Accounting (DealBook) see also Bank of America Lost $2.7 Billion in a Maze of Accounting (Bloomberg View)
  • Average U.S. Retirement Age Rises to 62 (Gallup)
  • One in Ten U.S. Bridges in Urgent Need of Repair (Reuters)
  • Meet the Secret Fed Cybersecurity Unit Keeping Trillions of Dollars Safe From Hackers (Foreign Policy)
  • To Find a Career Like Tim Duncan’s, We Have to Go Back to Kareem Abdul-Jabbar (FiveThirtyEight) see also Shaq’s Still Scoring in Retirement (Businessweek)
  • Sunken Gold Untouched for 157 Years Off U.S. Lures Hunter (Bloomberg)

What are you reading?

GDP by Industry

Source: Real Time Economics
Source: Real Time Economics

To contact the author of this article: Barry Ritholtz at britholtz3@bloomberg.net.

To contact the editor responsible for this article: Alex Bruns at abruns@bloomberg.net.