Tuesday Link-Ups: Immigration, S&P 500 and Turkey

Miscellaneous and random things worth reading:

In a recent GMO commentary on Immigration and Brexit, founder Jeremy Grantham laid out precise reasons why Brexit was a mathematical certainty eventually:

• GMO – Immigration and Brexit

What to do with your money?  Here is some advice from Doug Kass:

• Real Clear Markets – The Air Is Getting Thinner As the S&P Climbs Higher

I clearly agree with having more cash at these nose bleed levels.

Also, I would not suggest investing in Turkey:

• ZeroHedge – Turkey Latest
• Business Insider – Turkey’s education board orders 1,577 university deans to resign after failed coup attempt
• MarketWatch – Turkish lira, stocks plummet as Erdogan widens purge

Since we are in the middle of the Republican National Convention – Let’s end with some politics!