June started with two escaped convicts on the run from Clinton Correctional Facility in New York and ended with Greece running out of time to make a payment to the International Monetary Fund.
One of the convicts, Richard Matt, was shot and killed by a Border Patrol unit on June 26, after 20 days on the outside. The other, David Sweat, was caught two days later. He was sent to another maximum security prison and, after a hearing, may face solitary confinement.
The fate of Greece, whose citizens voted in a referendum on Sunday to reject European bailout terms, is uncertain. While Greek Prime Minsister Alexis Tsipras, the European Central Bank and the as-of-Monday former Greek finance minister Yanis Varoufakis all have Twitter accounts, most of the rest of us can do little more than report, retweet and speculate in — wait for it — Grimbo.
Meanwhile, Matt Levine sounded a little bummed, Josh Brown had a suggestion for where to find those escaped convicts and Bloomberg’s Niki O’Callaghan found a very wonky groom’s cake.
On General Economic Topics:
If your largely passive portfolio of ETFs beat its “benchmark” by 500bps last year I think you might need a new benchmark.
— James Osborne, CFP® (@BasonAsset) June 19, 2015
Turn paper into gold! (and then turn gold into less paper) pic.twitter.com/1y47ve1Yfl
— Irrelevant Investor (@michaelbatnick) June 10, 2015
— Rita Devlin Marier (@RitaDevlinM) June 18, 2015
If tech startups are overvalued, is that implicitly an argument that we need to see more tech startups launched to get supply/demand balance
— Joseph Weisenthal (@TheStalwart) June 5, 2015