Ritholtz's Reads: Oil Rigs, Wal-Mart and Superhuman AI

(Bloomberg View) -- The weekend is here! Pour yourself a mug of Danish Blend coffee, grab a seat by the pool, and get ready for our longer form weekend reads:

• Where oil rigs go to die (The Guardian)
• Can Wal-Mart's Expensive New E-Commerce Operation Compete With Amazon? (Bloomberg Businessweek)
•  Is China the World's New Colonial Power? (New York Times Magazine)
• The Myth of a Superhuman AI (Backchannel)
• The Rigged Labor Market (Milken Institute Review) see also Why the Phrase ‘Late Capitalism' Is Suddenly Everywhere (The Atlantic)
• In S.E.C.'s Streamlined Court, Penalty Exerts a Lasting Grip (New York Times)
•  Alec Baldwin Gets Under Trump's Skin (The Atlantic)
• Otto Warmbier Has Been a Prisoner of North Korea Since the Start of 2016. Has America Forgotten Him? (Time)
• Now THAT was music (Aeon)
• How Nike Is Trying to Break the 2-Hour Marathon Barrier   (Runner's World)
• Be sure to check out our Masters in Business interview this weekend with Michael Zezas, Morgan Stanley's Chief Municipal Bond Strategist.

Stock returns annualized average of 11.8% when LEI is positive and rising (as it is now)

This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.

Barry Ritholtz is a Bloomberg View columnist. He founded Ritholtz Wealth Management and was chief executive and director of equity research at FusionIQ, a quantitative research firm. He blogs at the Big Picture and is the author of “Bailout Nation: How Greed and Easy Money Corrupted Wall Street and Shook the World Economy.”

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

To contact the editor responsible for this story: Tobin Harshaw at tharshaw@bloomberg.net.

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