MUST READS State of emergency in Charlotte – CNN The Fed: Just Plain Pathetic – Contra Corner Central Bank Tools Are Losing Their Edge – WSJ Dove-Turned-Hawk Rosengren Leads Triple Dissent – Bloomberg Yellen downplays dissent as Fed holds key interest rate steady – LA Times The contradiction in Yellen’s ‘Whites-of-eyes’ comment – MarketWatch Japan’s Central Bank Experiments at the Wrong Time – Bloomberg The latest from the Bank of Japan – Ben Bernanke’s Blog Hillary Clinton: My Plan for Helping America’s Poor – NY Times Monday’s debate: the Donald Trump Show, starring Hillary Clinton – Bloomberg Stop-and-Frisk: Trump’s Bad Idea for Fighting Crime – Atlantic How Trump Can Win the First Debate – Fiscal Times Brangelina matters – The Week
MARKETS/INVESTING Stocks: 5 things to know before the open – CNN/Money Dollar adds to losses as Fed’s credibility questioned – MarketWatch Indian Summer Comes to Emerging Markets as Fed Spurs Fresh Gains – Bloomberg Hedge-fund manager warns of biggest market correction since 2008 – MarketWatch The Retirement Blunder That 65% Of Americans Make – IBD This is no time for speculators to stay on the sidelines – MarketWatch Gold down as December U.S. rate hike seen more likely – Reuters Federal Reserve gives gold a reason to rise – MarketWatch Gold Could Touch $1900 by Year End- Robert McEwen – Market Slant
ECONOMY/WORLD/HOUSING/BANKING How to Protect Workers From Job-Stealing Robots – Atlantic OECD warns of financial distortions and slow global growth – OECD Antibiotic-resistant superbugs are the biggest global health threat, UN says – Vice News World’s saddest polar bear one of many “wild” animals living in malls in China – Quartz Why US and Russia don’t want to give up on Syrian cease-fire yet – CSM Divorce rates go up and down with home prices in China’s big cities – Quartz Bay Area Housing Market Appears To Be Cooling Off – CBS SF Bay Area Is the American Dream dead to the Millennial generation? – OC Housing News Fed Monetary Policy Is Being Held Hostage by Wall Street Banks – Wall Street on Parade No, the Fed Doesn’t Have a Plan. Yes, the Fed Really is Monetizing Government Debt – Mises