United Kingdom

Frontrunning: August 4

  • July’s U.S. Labor-Market Numbers Will Probably Look Familiar (BBG)
  • Paul Singer Says Passive Investing Is ‘Devouring Capitalism’ (BBG)
  • Tesla short sellers lose almost $800 million as stock rallies after earnings (MW)
  • Beyond Bankruptcy: How Failed Stores Come Back Online (WSJ)
  • EU to impose more Russia sanctions over Siemens case on Friday (Reuters)
  • Trouble Comes in Threes for Germany’s DAX Losing European Crown (BBG)

Frontrunning: August 2

  • Trump close to decision on addressing Chinese trade practices (Reuters); White House Weighs Trade Measures Against China (WSJ)
  • Republicans Pivot to Tax Cuts Amid Frustration at Lack of Detail (BBG)
  • Russian losses in Syria jump in 2017, estimates show (Reuters)
  • Market Paradox: Firms Get Punished for Posting Earnings (WSJ)
  • OPEC’s ‘Catch-22’: How to Unwind Its Deal to Cut Oil Output (WSJ)

Here's The Real Reason The Fed Is Making Absurd Monetary Decisions

"There have always been lags between the time of a policy shift and evidence of that shift in the broader economy. However, in a heavily indebted economy, with the velocity of money likely falling further, and policy rates close to the zero bound, the Fed’s current capabilities are decidedly asymmetric."

Frontrunning: July 26

  • Oil bounce, results keep stocks on high (Reuters)
  • Healthcare brawl returns to Senate floor (Reuters); Senate Sets Up Health Votes for Chaotic Obamacare Debate (BBG); Health Debate Rolls On After First Option Fails (WSJ)
  • Who Will Blink First in the Sessions Standoff? (BBG)
  • Iran Says ‘Hostile’ U.S. Sanctions Vote Undermines Nuclear Deal (BBG)
  • Russia Warns of ‘Painful’ Response If Trump Backs U.S. Sanctions (BBG)

Hero Imams?

More than 60 Islamic leaders and imams - from France, Belgium, Britain, Tunisia, and of different Islamic faiths - in a move that may be unprecedented, are touring Europe to denounce Islamic terrorism and to pay homage to the victims of terror...

PIMCO Fears "The Coming Financial Volatility"

"...central bankers and bond investors have something in common: both worry that the current period of extremely low volatility is neither sustainable nor desirable...For investors today, the lesson is clear: reducing the scale of risk exposure is the right way forward."