CHINA 2Q GDP GROWS 6.9% Y/Y; EST. 6.8%
CHINA 2Q GDP GROWS 1.7% Q/Q; EST. 1.7%
CHINA JUNE INDUSTRIAL OUTPUT RISES 7.6% Y/Y; EST. 6.5%
CHINA JUNE RETAIL SALES RISE 11.0% Y/Y; EST. 10.6%
Day: July 16, 2017
‘Billions And Billions And Billions’: ECB, BoJ, And Your Full Week Ahead Preview
If you didn’t get your fill of hand-wringing over DM central banks last week, then you’re in luck…
Video: Fox News Host Shepard Smith Goes Rogue, Blasts Trump For ‘Mind-Boggling Lies’
“Why is it lie after lie after lie?”
(In)stability In One Chart
“Indeed, measures of financial stability look stretched”…
Progressivity Ultimately Comes At Its Own Expense
“In this way, the middle class begins to capture an increasing proportion of the benefits of social spending, leaving less for welfare services targeted exclusively at the poorest.”
‘The Impulses Turn Negative’: Goldman Warns On Emerging Markets
“Hence, despite the very supportive Q1 data, the recent moderation (which affects the data over the next six months) suggests that the impulse to EM growth should switch from a ‘strong positive’ in 1H 2017 to a ‘soft negative’ in 2H 2017.”
Donald Trump The Great Uniter?
“He merely strolled to the lectern, called everybody else a loser, and plowed his way to the presidency on a whim and the most golden of promises — to make America great again.”
‘Swashbuckling’ Pirate: It’s Your Fault That Macro Fund Managers Suck At Their Jobs
“More generally, however, many macro funds aren’t structured to make money by “trading macro.” Investor pressure to deliver steady returns has taken macro traders away from making big-picture bets on economic and policy developments.”
Hypocrisy, Exoneration, And An ‘Unnamed’ Source With My Same Name
If “hypocrisy” works to exonerate people when they’ve done something wrong, then there are a whole lot of small-time drug dealers in jail across this country who would like to understand how it is that a justice system that’s ostensibly concerned with activities that ruin people’s lives somehow managed to collectively avoid putting the entire C-suite at every major bank in prison for a thousand years after the financial crisis.Â
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