Global Macro / Markets / Investing:
- Transmitting liquidity shocks across borders: evidence from UK banks – Bank Underground
- For Oil Companies $110 Billion Debt Wall Looms Over Next 5 Years – Bloomberg
- Oil Production in U.S. Proves Resilient as Forecast Grows – Bloomberg
- When everyone realizes index funds are the way to invest, the market will suffer – Quartz
- Does Government Spending Create Jobs? – St Louis Fed
- Growing Stress in Dollar Funding Could Fuel Another Greenback Rally – WSJ
- Productivity growth craters in iron and steel mill industry – Progressive Policy
Americas:
- Former Secret Service Official: Trump Is ‘Close to the Edge’ – Time
- Trump must go: Hinting at assassination is too much, even for him – NY Daily News
- The GOP must dump Trump – Washington Post
- Donald Trump’s Second Amendment ‘Joke’ Will Get Real People Killed – Daily Beast
- Sorry, Chicago: Brooklyn Will Soon Be The Third Largest City In America – Gothamist
- How Globalization Saved the American Middle Class – Reason
- Amid Debt Binge, US Leverage Levels Reach Record Highs – High Yield Bond
- Why it doesn’t feel like a recovery – Washington Post
- Researchers find unsafe levels of industrial chemicals in drinking water of 6 million Americans – Washington Post
- Brazil Senate votes for Rousseff impeachment trial – BBC
Europe:
- UK economy contracted after Brexit vote, say leading economists – The Independent
- U.K. Industry Barely Grew in June as Trade Drags on Growth – Bloomberg
- We’ve cut interest rates, but what happens next? – The Guardian
- After resuming QE, Bank of England fails for first time to meet bond-purchase target – Reuters
- U.K. Regulator’s Bank ‘Shake Up’ With Cap Fails to Create a Stir – Bloomberg
- Bank of England Bond Buying Hits Early Snag – WSJ
- Norway is threatening to derail Brexit – Business Insider
- UK tourism booming after fall in pound – EU Observer
Asia:
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- Vietnam moves new rocket launchers into disputed S.China Sea – sources – Reuters
- An entire generation of a city’s lawyers was killed in Pakistan – Washington Post
- Japan warns China of deteriorating ties over East China Sea dispute – Reuters
- Why We Still Need to Worry About China’s FX Reserves – Bloomberg
- China Inflation Slows Again, Giving PBOC Room for Easing – WSJ
- Is the China Corporate Debt Bubble Finally Popping? – Epoch Times
Trans-Tasman:
- The Nauru files: 2,000 leaked reports reveal scale of abuse of children in Australian offshore detention – The Guardian
- Govt claims census triumph: ‘we are a proud nation of 4 million people’ – The Chaser
- Australia’s population now 48, ABS confirms – The SMH
- ‘Census meltdown just the latest Bureau of Statistics bungle’ – The SMH
- Census 2016: the political game has changed and Coalition failed its first test – The Guardian
- Chinese hackers ‘may have attacked census over Olympics drugs spat’ – ABC
- Labor calls for census minister to resign – 9News
- ABS chief earns $705,000 a year. – News.com.au
- Take on more debt, says RBA governor Glenn Stevens to Government – The SMH
- Chinese buy Queensland’s South Molle Island in Whitsundays – Brisbane Times
- Labor’s Greenbashing Is A Pox On Both Houses – New Matilda
- Why it’s better to be a CBA shareholder than a customer – The SMH
- New Research Shows Young Australians Are Getting Screwed Over By Basically Everyone – Junkee
- Fairfax posts $1b loss despite Domain real estate advertising profit – ABC
- ‘Natural’ label on food meaningless half the time: survey – ABC
- Bank bad debts on the rise, but who is hurting? – ABC
- AGL posts $408m loss, hit by write down on coal, gas assets – ABC
- New Zealand is home to 3 million people and 60 million sheep – Stats.gov.nz
Other:
- On ‘heterodox’ macroeconomics – Medium