MUST READS Argentina defaults for second time – BBC As US economy accelerates, Fed remains cautious – AP Moscow fights back after sanctions; battle rages near crash site – Reuters Global QE ends as China opens second front in bond tapering – Telegraph Fed Tunes Into Yellen Still Playing Labor-Market Blues – Bloomberg The most important sentence to come out of the latest Fed meeting – Vox Banco Espirito Santo Plunges After Posting 3.6 Billion-Euro Loss – Bloomberg Marc Faber: Expect A Deflationary Bust In Asset Markets – GoldSilverWorlds Bank of America ordered to pay $1.27 billion for ‘Hustle’ fraud – Reuters California Health Insurance Rates Rise Up to 88% in ’14 – Bloomberg Treasury Bond Yields Still Catching Bid – Advisor Perspectives The Zero Interest Rate Decade – Pragmatic Capitalist How menus trick you into spending more – MarketWatch
MARKETS/INVESTING Stocks: 4 things to know before the open – CNN/Money Greenspan says stocks to see ’significant correction’ – CNBC Total Margin Debt Again Spikes Toward All-Time High – The Street Putin Sows Doubt Among Stock Bears Burned by 29% Rebound – Bloomberg Just Your Run-Of-The-Mill Blockbuster Returns – Forbes One bond market veteran is now getting worried – MarketWatch Treasuries Poised for 2nd Monthly Loss on Growth, Fed – Bloomberg Gold below $1,300 on U.S. growth optimism, set for monthly loss – Reuters Decent Employment Numbers Could Pressure Gold Friday – Kitco Hold some gold. Better safe than sorry. – Mineweb Goldcorp slashes costs 30% – Mining.com
ECONOMY/WORLD/HOUSING/BANKING Figuring out the Inflation Vigilantes – Econospeak Bouncing Back, Economy Grew 4% for Quarter – NY Times Average Price of Electricity Climbs to All-Time Record – CNS News Eurozone inflation slips further into the ‘danger zone’ – BBC China Trade Numbers Still Don’t Add Up Post-Fake Exports – Bloomberg China’s Risky Play in the U.S. Debt Market – Caixin Online Interest rates rises could thwart G20 growth goal – CNA IMF says China property sector poses near-term growth risks – China Daily Bubble Watch: Top-Tier Home Prices Surge Past 2007 Levels – SF Curbed Great Graphic: Dissents at the Federal Reserve – Marc to Market Dissent From an Unexpected Fed Hawk – WSJ FOMC Statement – Fed Watch
