This week’s Trader Digest reveals the lengths some investment bankers will go to gain an advantage, looks at who might replace Germany chancellor Angela Merkel in 2021, and finds out why being a hedge fund analyst is not always what it's cracked up to be...
Reading List
Morgan Stanley Banker Is Also an Uber Driver
“Some bankers go the extra mile to land a deal. Michael Grimes drove many." WSJ
As Merkel Prepares to Step Back, Here’s Who Might Replace Her
"The race is on to succeed Germany’s chancellor as she plans to give up party leadership"
Bloomberg
My horribly subservient life as a hedge fund analyst
"I am an analyst in a hedge fund. And I am my portfolio managers' bitch." eFinancialCareers
The American cities where investors are making the most money while they sleep
"People in these cities are raking it in from their investments" Marketwatch
"Time To Prepare For The Next Crisis": One Of China's Largest Funds Is Getting Ready To Dump Stocks
"...Concerns about the future have spread to one of China's largest state-backed asset manager which runs about HK$139 billion ($18 billion) in assets, and which said it was preparing to sell shares in as many as 30 stocks on concern that valuations worldwide have peaked." ZeroHedge
For the Headphones
Market volatility? Let's not worry like it's 1987
"There's no such thing as smart money, there's no such thing as dumb money, there's only just money." Marketplace
What to Watch
Bloomberg Ideas: Is Crypto Welcome Here?
"Bloomberg Ideas panelists debate whether blockchain will create profound change within capital markets." Bloomberg Opinion