MUST READS Wary Fed Rethinks Pace of Hikes – WSJ Dovish Fed tips German 10-year bond yield to record low – Reuters Yellen Says Forces Holding Down Rates May Be Long Lasting – Bloomberg Government bond yields tumble as Brexit retakes spotlight – CNBC Gold just scored a ticket to ride higher from Fed’s Yellen – MarketWatch The British government hits the panic button over the Brexit vote – MarketWatch Carney Hits Back on Brexit Charge as Poll Shows Leave Ahead – Bloomberg Trump to GOP Leadership: Sit Down and Shut Up – Fiscal Times Our Worst Presidents Came In With A Lot Of Experience – Five Thirty Eight Johnson, Weld to Get CNN ‘Town Hall’ Treatment – reason.com How Cereal Marketers Invented the Modern Breakfast – The Atlantic USDA: People Make the Choice to Eat Unhealthy Food – Mises
MARKETS/INVESTING Stocks: 6 things to know before the open – CNN/Money FTSE 100 falls amid global economic worries – BBC The stocks reacting most to the Fed’s call – USA Today China Dumps Stocks along with Treasuries – Bloomberg Rapid trading aids investors: Opposing view – USA Today The Proof That Most Investors Are Their Own Worst Enemy – Forbes Six things that could shake the markets out of their doldrums – MarketWatch Gold climbs to 2-year high as Fed cools rate hike talk – Reuters The Fed decision could spur a new rally in gold: Strategist – CNBC China’s exhausting its gold reserves at 5 times the global rate – Mining.com
ECONOMY/WORLD/HOUSING/BANKING The Gig Economy Explained – Visual Capitlist OK, I Get it, the US is a Service Economy, but this Looks Terrible – Wolf Street Venezuela sends in the army to deal with food shortage protesters – Vice News Putin’s Reliance on American Commerce Has Never Been Greater – Bloomberg Venezuelan Hyperinflation Looks Frighteningly Familiar… – Zero Hedge Islamic State is committing genocide against Yazidis – Vice News Too broke to afford a house: Americans miss out on home equity gains – My Budget 360 Housing Bubble 1.0 vs Bubble 2.0; “Green Shoots” and “Shadow Demand” – Hanson Advisers The Vanity of Central Bankers and the Common Sense Rule – DiMartino Booth The Fed and other central banks have lost their magic powers – MarketWatch
