MUST READS In search of signs of irrational exuberance – USA Today Equities Reach Record $66 Trillion, S&P 500 Hits 2,000 – Bloomberg Here’s what the S&P500 did the last 2 times the Fed started hiking rates – MarketWatch Eurozone borrowing costs fall to record lows – Channel News Asia Deflationary Fears Are Spreading Globally – Financial Sense Europe will be Russia’s gas hostage for at least another decade – Telegraph Finding your ‘magic number’ for retirement savings – CNBC Harvard Endowment Compensation Sparks Letter From Alumni – Bloomberg Buffett puts shareholders ahead of patriotism in Canadian deal – Reuters Buffett’s Burger King Move To Canada Reeks Of Hypocrisy – IBD The GOP Could Reform Its Way To Keynesianism – Forbes Why Isn’t Monetary Pumping Helping the Economy? – Mises Is Secular Stagnation Real? – Bloomberg
MARKETS/INVESTING Europe shares ease, Asia higher after S&P record – AP The Bull Market’s Strength Is Reaching Epic Proportions – WSJ Get ready for S&P 500 at 2,150, top market timer says – MarketWatch The Greater the Stock Bubble, the Less Monetary Theory Holds – Alhambra Partners The S&P 500 Through The Ages – From 200 To 2000 In 30 Years – Zero Hedge U.S. Treasuries Rise as Cheapness Versus Peers Draws Demand – Bloomberg Gold edges higher as dollar retreats, equities steady after record – Reuters Is A Looming War Coincident With Low Gold Price And Stock Market Peak? – GoldSilverWorlds Gold Shines Most in September on Seasonal Buys: Bloomberg Chart of Day – GoldCore Gold struggling to escape grips of summer slowdown – BullionDesk Gold price lifted out of danger zone – Mining.com
ECONOMY/WORLD/HOUSING/BANKING More laid-off workers find jobs in their fields – Bloomberg Conflicts weighing heavily on German consumers – AP Objecting to Austerity, French Style – New Yorker IMF chief Lagarde charged over corruption case – CNA French Manufacturing Confidence Falls to 13-Month Low – Bloomberg ‘Yes’ or ‘No’? A Divided Scotland Confronts Independence Vote – Spiegel Can South Korea Tax Itself to Prosperity? – Bloomberg London housing market shuts out Bridget Jones generation – Telegraph Why a Slowdown in Housing Prices Is Great News – NY Times This house market is falling apart – MarketWatch Central Banks Playing Own Version of FX Monopoly – Bloomberg The Fed can wait to act on interest rates – Washington Post
