US stocks bounced back after 2 days of Brexit hangover, buoyed by encouraging economic news at home and a jump in US home prices – NYTimes and WSJ

With the Great Recession as our go-to economic disaster reference point from now on, the Upshot asks whether the Brexit is another Lehman Brothers moment.  Economically, the answer appears to be “no,” but taking politics into play may change that calculation a bit – NYTimes

The SEC has proposed new rules that would require investment advisers to adopt “written business continuity and transition plans” aimed at addressing significant disruptions like cyberattacks or bankruptcy while limiting investor impact – Law360

Big financial firm stress test results are out from the Fed later today, and though all banks proved up to the task of reserving enough capital (as reported last Friday), the economic downturn simulation that’s part of round 2 will help sort out the winners from losers [Brexit and all] this time around. Either way, all of this squirreling away capital for the ultimate rainy day may leave bank stockholders rather dissatisfied when it comes to divided season – NYTimes and WSJ

Helping the big banks navigate these tests? Why, it’s a whole new industry of stress test consulting – WSJ

Of course, the Brexit is a real live stress test to keep an eye on, as well.  The Upshot tells us how to track the results of this not-a-simulation moment – NYTimes

For its next trick, GE will make the majority of its US restaurant holdings disappear – Law360

Short-term rental specialist Airbnb is reportedly in talks for a new round of investment that would value the company at roughly $30 billion and that would be used for international expansion plans – NYTimes and Bloomberg

The latest Barclays Libor jury is ¾ of the way there in their deliberations – Law360

Scientists are drawing inspiration from nature—ants, no less—and a solid dose of math to help solve a global traffic crisis that’s only destined to get worse as the number of cars on the roads doubles by 2030 – Bloomberg