Finacial Markets and Economy
Can stocks stay at highs? That depends on earnings (Reuters)
After finally eclipsing year-old record highs, the U.S. stock market will be tested again next week, when the onslaught of company earnings could help investors assess the impact of Britain's vote to exit the European Union.
A huge oil producer is trying to ramp up exports — but the market isn't buying it (Business Insider)
There's been some good news out of Libya recently.
Turkey Stocks Shrugged Off Last Coup Almost 20 Years Ago (Bloomberg)
The last time the military forced out an Islamist government in Turkey, the benchmark Borsa Istanbul 100 Index benchmark fell 15 percent in the next three trading days.
This is why Brexit was an utterly futile attempt at curbing immigration in Britain (Business Insider)
A reduction in immigration to the UK, one of the key reasons why Britons voted to leave the European Union on June 23, is not going to happen despite the outcome of the vote.
Misconceptions About Diversification (A Wealth Of Common Sense)
The markets have always acted crazy at times because people are emotional, but investors always seem to think that the most recent cycles have been more volatile than they were in the past. That’s not the case, but drawdowns are always more painful when you’re living through them in real-time.
Trading Psychology for the Experienced Trader (Trader Feed)
A problem with much of the theory and practice of trading psychology is that it is grounded on the experience (and issues) of retail traders and relative newcomers to markets. I suppose that's inevitable, as a sizable proportion of writers and practitioners have not actively traded themselves and many have not routinely worked with trading and investment professionals. A result of this limitation is that much of trading psychology focuses on such issues as controlling one's emotions and following a defined process. Those are important issues to be sure.
Politics
Trumpism: A New Era in World Politics? (Project Syndicate)
The short-lived coup attempt against Turkish President Recep Tayyip Erdogan failed for one reason only: Turks in their tens of thousands poured into the streets to oppose a military takeover of their country. The fact that so many would willingly risk their lives for what they perceived as their “democracy” speaks well of their courage. But it is also likely to reinforce Erdogan’s troublesome understanding of what democracy is: a form of government in which the will of a popular majority is fully represented by him, and is to be implemented by him without regard for institutional or legal constraints.
Clinton leads Trump by 12 points ahead of Republican convention (Reuters)
Republican presidential candidate Donald Trump trailed Democratic rival Hillary Clinton by 12 percentage points in a Reuters/Ipsos poll released on Friday, making him the clear underdog ahead of next week's Republican National Convention.
Technology
This Drone Would Swim Through Lava—if Someone Could Build It (Wired)
Which part of earth haven’t we explored yet? One hint: It’s by far one of the biggest places on the planet. It is, of course, the earth’s mantle, sitting just beneath a relatively thin crust of rocks.
Hololens augmented reality to foil hack attacks in factories (New Scientist)
The robotic production line is churning along just fine when Kevin Jones plugs a USB stick into the control computer. In seconds, the conveyor belt speeds up, throwing metal and plastic parts all over the place. A virus in the stick has prompted the control system to go haywire, but not for long.
Health and Life Sciences
Why knowing your genetic data can be a tricky proposition (Market Watch)
Personal genome sequencing may be the next great technology frontier in public health—but how do patients feel about knowing, sharing and acting on their genetic information?
The diet industry is dying as a new mentality takes hold in America (Business Insider)
A major shift in American attitudes is changing the game for diet companies and the food industry.
All Fads Fade. Even Bacon. (Bloomberg View)
The biggest story in American meat over the past half-century has been chicken replacing beef as the country's leading protein source. But lately there's been another livestock drama playing out: the resurgence of pork.
Life on the Home Planet
Crops That Grow in Salty Water (Scientific American)
Eduardo Blumwald, a plant geneticist from the University of California at Davis, talks in this video about his efforts to find genes that boost salt tolerance in plants known as halophytes. The goal is to transfer such genes into crops such as rice, which are threatened by rising salinity in rice paddies. Pam Ronald, a plant pathologist also at Davis, explains the role that genetic engineering plays in identifying genes that can help threatened crops survive.
US Navy banned from using sonar that harms dolphins and walruses (The Guardian)
Low-frequency sonar used for training and testing can injure whales and other marine life, and disrupt their feeding and mating
A federal appeals court ruled on Friday that the US Navy was wrongly allowed to use sonar in the nation’s oceans that could harm whales and other marine life.
