Welcome to Bespoke Brunch Reads — a linkfest of the favorite things we read over the past week. The links are mostly market related, but there are some other interesting subjects covered as well. We hope you enjoy the food for thought as a supplement to the research we provide you during the week.

Fiscal Matters

Trump’s Biggest Hurdle on Tax Cuts? Congress’s Daunting Calendar by Sahil Kapur (Bloomberg)

Large-scale tax reform (or any tax reform for that matter) is threatened by the cluttered schedule facing Congress, especially the Senate. [Link; auto-playing video]

Macron calls for radical reform to save euro by Ferdinando Giugliano and Sarah Gordon (FT)

Not a new story (dated to 2015) but an illuminating one on how the new President of France views the prospects for European fiscal integration. [Link; paywall]

New Tech

Apple Will Announce Amazon Prime Video Coming To Apple TV At WWDC by John Paczkowski (BuzzFeed)

Banned since 2015, Amazon’s video streaming platform for Prime customers will once against be available for Apple TV users. [Link]

Tesla’s Solar Roof Sets Musk’s Grand Unification Into Motion by Tom Randall (Bloomberg)

Elon Musk’s Tesla is taking deposits for roof tiles that operate as solar panels, moving closer to a full suite of transportation and home products that are entirely off the grid. [Link; auto-playing video]

Bonkers

There Are Now More Indexes Than Stocks (Bloomberg)

Remarkably, there are more indices of US stocks than there are US stocks, with more than 5,000 different indices flooding the market. [Link]

Inside VW’s Campaign of Trickery by Jack Ewing (NYT)

Astounding details on how deep and pervasive the effort to deceive US emissions tests was at Volkswagen, with the key decisions dating back as early as 2006. [Link; soft paywall]

Banking

Watch out Wall Streeters: Your jobs are moving to North Carolina (Reuters/Business Insider)

Swiss investment bank Credit Suisse has announced it will move 1200 jobs to the land of the Tar Heel, supported in part by grants from the NC government. [Link]

JPMorgan Tells Banks to Partner Up as U.S. Deposit Drain Looms by Matthew Monks (Bloomberg)

With the Fed considering an end to reinvestment of the QE bond portfolio, excess reserves are expected to fall and with them deposits. [Link]

Diet

Why Everything We Know About Salt May Be Wrong by Gina Kolata (NYT)

Studies done on Russian cosmonauts indicate that consuming higher volumes of salt actually leads to weight loss rather than weight gain. [Link; soft paywall]

49th Parallel

We Could Have Been Canada by Adam Gopnik (New Yorker)

What if the American Revolution hadn’t happened? Could we have ended slavery sooner, avoided the Civil War, and ended up more like Australia or Canada? [Link]

Correcting Frameworks

The Robots Have Taken Over (Our Brains) by Matt Busigin (New River Investments)

The current obsession over job-stealing robots isn’t grounded in economic data and completely fails to see the forest for the trees. [Link]

Web Design: First 100 Years by Maciej Cegłowski (Idle Words)

A brilliant talk that illustrates the importance of diminishing marginal returns and functional design while giving an excellent blueprint for the future. [Link]

Sports

A Home Playoff Game Is A Big Advantage — Unless You Play Hockey by Neil Paine (538)

Astoundingly, home playoff hockey teams win at a lower percentage than regular season home teams. [Link]

Have a great Sunday!

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