Global Macro/Markets:
- Investors are fleeing muni bond funds – WSJ
- Putting the bond market decline in perspective – Prag Cap
- Krugman at war, mostly with himself, as usual
North America:
- Larry Summers and the politicization of the Fed – Reut ers
- United States’ 2nd-Quarter Growth Is Revised Up to 2.5%, From 1.7% – NYT
- Teen employment hits record lows, suggesting lost generation – McClatchy
- Zillow: Negative Equity declines in Q2 – CalculatedRisk
Europe:
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- European unemployment stable, at nose bleed levels – Eurostat
- Back to the future: Greece needs more cash, Europe and IMF at odds. – WSJ
- U.S., Switzerland strike bank deal over tax evasion – Reuters
- EU’s Rehn sees European recovery strengthening in 2014 – Reuters
- Credit growth remains the weakest link in the eurozone’s recovery. – SoberLook
Asia:
- Japan Prices Rise at Fastest Pace Since ’08 in Boost for Abe – Bloomberg
- Kim Jong-un’s ex-lover ’executed by firing squad’ – The Telegraph
- Fukushima Fishermen Ruined by Tepco Now Key in Radiation Fight – Bloomberg
- Lots of trouble ahead for India – Quartz , Alpha Now
Local:
- Austerity Test Looms in Australia as Abbott Pledges Cuts –Bloomberg
- Why is Sydney University on strike? Because students are not our ‘clients’- Guardian
- Regulatory risks property investors need to understand – CJ
- Turn gas tap on or crisis looms – TheOz
Other
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- JPMorgan Hiring Put China’s Elite on an Easy Track – NYT
- Ackermann Quit Zurich After Being Named in Suicide Note – Bloomberg
- Huge canyon discovered under Greenland ice – BBC
- Obama strike plans in disarray after Britain rejects use of force in Syria – Guardian.
- Al-Qaeda Links Cloud Syria as U.S. Seeks Clarity on Rebels – Bloomberg
- Administration Tells Lawmakers of Evidence Linking Assad to Attack – WSJ
- Gay Spouses in All States Now Married Under U.S. Tax Law – Bloomberg