Econobits.com

Monday, July 8, 2019

My Country Is Not a Dumping Ground for Your Garbage

https://www.newsweek.com/my-country-not-dumping-ground-your-garbage-opinion-1447709

Trump Jawbones Fed Yet Again, May Be Grooming Powell Successor

https://www.bloomberg.com/news/articles/2019-07-07/trump-jawbones-fed-yet-again-may-be-grooming-powell-successor

Morgan Stanley Turns Bearish on Global Stocks as Challenges Grow

https://www.bloomberg.com/news/articles/2019-07-08/morgan-stanley-turns-bearish-on-global-stocks-as-challenges-grow

New NAFTA brings high risks and few rewards

https://thehill.com/opinion/finance/451775-new-nafta-brings-high-risks-and-few-rewards

New data will show wealth gap between CEOs and workers and fuel debate

https://www.usatoday.com/story/money/2019/07/07/new-data-show-wealth-gap-between-ceos-and-workers-and-fuel-debate/1667944001/

No-deal Brexit threat causes sharpest investment drop since 2009 recession

https://www.theguardian.com/business/2019/jul/08/no-deal-threat-causes-sharpest-investment-drop-since-2009-recession

A financial planner does the same 2-part calculation to figure out how much every client needs to retire

https://www.businessinsider.com/financial-planner-test-retirement-income-without-social-security-2019-7

Truckers' fears have soared to recession-level highs

https://www.businessinsider.com/trucking-recession-fears-morgan-stanley-2019-7

Sunday, July 7, 2019

Erdogan Ousts Central Bank Chief Who Drew Ire for Holding Rates

https://www.bloomberg.com/news/articles/2019-07-06/erdogan-removes-cetinkaya-names-deputy-as-central-bank-governor

The Myth of the Tight U.S. Labor Market

https://www.bloomberg.com/view/articles/2019-07-05/the-myth-of-the-tight-u-s-labor-market

Friday, July 5, 2019

Fed describes labor market as strong, weak inflation as 'transitory'

https://www.cnbc.com/2019/07/05/fed-describes-labor-market-as-strong-weak-inflation-as-transitory.html

After this strong jobs report, the Fed should deliver some tough love and ignore the stock market’s tantrum

https://www.marketwatch.com/story/after-this-strong-jobs-report-the-fed-should-deliver-some-tough-love-and-ignore-the-stock-markets-tantrum-2019-07-05

What Happens When the U.S. Dollar Declines?

https://www.thestreet.com/markets/what-happens-when-the-u-s-dollar-declines--15010295

Furious Bondholders Hound Guaido’s Money Man as Defaults Pile Up

https://www.bloomberg.com/news/articles/2019-07-05/furious-bondholders-hound-guaido-s-money-man-as-defaults-pile-up

Best way to fight climate change? Plant a trillion trees

https://apnews.com/8ac33686b64a4fbc991997a72683b1c5

MAD Magazine to Stop Publishing New Content After 67 Years

https://www.bloomberg.com/news/articles/2019-07-04/mad-magazine-to-stop-publishing-new-content-after-67-years

Thursday, July 4, 2019

While Trump Isolates the U.S., It’s ‘Let’s Make a Deal’ for the Rest of the World – Foreign Policy

https://foreignpolicy.com/2019/07/03/while-trump-isolates-u-s-its-lets-make-a-deal-for-the-rest-of-the-world-trade-fta-mercosur-eu/

Beyond Meat Fever Turns the Tiny Pea Into America’s Hot New Crop

https://www.bloomberg.com/news/articles/2019-07-03/beyond-meat-fever-turns-the-tiny-pea-into-america-s-hot-new-crop

Mississippi is forbidding grocery stores from calling veggie burgers “veggie burgers”

https://www.vox.com/future-perfect/2019/7/3/20680731/mississippi-veggie-burgers-illegal-meatless-meat

EU signs new trade deal with Vietnam, as Hanoi benefits amid trade war

https://www.cnbc.com/2019/07/04/eu-signs-new-trade-deal-with-vietnam-as-hanoi-benefits-amid-trade-war.html

Wednesday, July 3, 2019

BOE Issues Fresh Warning on Risk From Funds With Illiquid Assets

https://www.bloomberg.com/news/articles/2019-07-03/boe-issues-fresh-warning-on-risk-from-funds-with-illiquid-assets

The bond market says we're headed for a recession.

https://slate.com/business/2019/07/yield-curve-bond-market-recession.html

ADP/Moody's: Private payrolls rise 102,000 in June vs. 135,000 est.

https://www.cnbc.com/2019/07/03/adpmoodys-private-payrolls-rise-102000-in-june-vs-135000-est.html

Bad news: Banks are cutting yields on savings accounts and CDs

https://www.marketwatch.com/story/bad-news-banks-are-cutting-yields-on-savings-accounts-and-cds-2019-07-03

U.K. on Path for Second-Quarter Contraction After Dismal June

https://www.bloomberg.com/news/articles/2019-07-03/u-k-services-stagnate-pointing-to-an-economy-in-contraction

A US insurance company has just announced it will stop supporting coal

https://thinkprogress.org/us-insurance-company-stop-investing-in-and-insuring-coal-7f2bd3f02ecd/

Tuesday, July 2, 2019

The Education Deserts of Rural America

https://www.theatlantic.com/education/archive/2019/07/education-deserts-across-rural-america/593071/

Companies are warning that earnings results are going to be brutal

https://www.cnbc.com/2019/07/01/companies-are-warning-that-earnings-results-are-going-to-be-brutal.html

The Injustice of Canceling Student Debt

https://www.dailysignal.com/2019/06/30/the-injustice-of-canceling-student-debt/

'It's really troubling': Parts of America are trapped in a ‘catch-22’ economic situation

https://finance.yahoo.com/news/rural-america-distressed-communities-181618799.html

US tariffs on EU: new goods worth $4 billion targeted by Trump

https://www.cnn.com/2019/07/02/economy/us-tariffs-on-eu/index.html

Locked out of China, U.S. pork producers sniff out new buyers

https://www.reuters.com/article/us-usa-trade-china-hogs-insight-idUSKCN1TX0GV

Rich get richer, everyone else not so much in record U.S. expansion

https://www.reuters.com/article/us-usa-economy-expansion-contrasts-idUSKCN1TX0HE

Monday, July 1, 2019

Morgan Stanley on trade truce: No real progress, downside risks to economy and market remain

https://www.cnbc.com/2019/07/01/morgan-stanley-on-trade-truce-no-real-progress-downside-risks-to-economy-and-market-remain.html

Corporate debt could be the next sub-prime crisis, warns banking body

https://www.theguardian.com/business/2019/jun/30/corporate-debt-could-be-the-next-subprime-crisis-warns-banking-body

Turkey Is a Great Example of How Not to Treat a Central Bank, BIS Says

https://www.bloomberg.com/news/articles/2019-06-30/bis-says-turkey-an-example-of-what-not-to-do-to-a-central-bank

Why Tariffs Aren't The Only Reason For Investors To Worry About China

https://www.ibtimes.com/why-tariffs-arent-only-reason-investors-worry-about-china-2803760

Realigning U.S. monetary policy for a truly global currency

https://www.marketwatch.com/story/realigning-us-monetary-policy-for-a-truly-global-currency-2019-07-01

Non-homeowners say student loans are why they can't afford to buy

https://www.cnbc.com/2019/06/28/83-percent-of-non-homeowners-say-student-loans-are-the-reason-they-cant-afford-to-buy.html

'Yield Curve Inversion' Hits 3-Month Mark, Could Signal A Recession

https://www.npr.org/2019/06/30/737476633/what-just-happened-also-occurred-before-the-last-7-u-s-recessions-reason-to-worr
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