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Global Macro/Markets
- Strongest engine of growth for developed markets slowed 10 years ago – BI (demographics, people)
- Wall Street banks will never be as profitable as they were – BI (same goes for Aussie banks)
- Silver and gold jump on disappointing US CPI print – ZH
- Macquarie says emerging markets aren’t facing a 1997 crash, its worse – Bloomberg
Asia
- South China Sea military build up continues – The Diplomat
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Europe
- A Growth Strategy for Europe – Project Syndicate
- UK pay growth hits post GFC high as job market tightens – Markit (as will the BOE soon)
- Real household disposable income returns to pre GFC level (except Spain) – FT
United States
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- Its time to declare war on Donald Trump – Politico (oh yes indeed)
- Reagan’s sons call out the Donald as a douche canoe too – Politico
- The Fed should wait until inflation rises – The Economist
- Goldman Sachs agrees, says data does not support interest rate rise – Bloomberg (so no rise, since Fed = GS?)
- Iran deal under threat from Republicans – IB Times (FFS….)
- VP Joe Biden blasts racist, bigot Donald Trump for his sick message – BI (go get him Joe!)
Australia
- Gareth Evans on the “pantomine” democracy in Australia – Project Syndicate
- RAAF begins airstrikes in Syria – IB Times (FFS)
- PM Turnbull might take GST hike to election – Fairfax
- Yuan devaluation makes “our” property more affordable – AFR (talk about a captured market….wow)
- Westpac chief tips a “services boom” – AFR (more FIRE or actual services?)
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…and furthermore…
- Theres finally a competitor to Bloombergs Terminal, called Symphony – FT
- Kid builds a clock from scratch and is arrested because hes brown basically – Darknet (America, land of the free….)
- Saturns moon Enceladus is basically a huge ocean that probably has life – TechInsider (amazing!)
- Economists vs Economics – Project Syndicate
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