MUST READS Japan’s economy shrinks annualized 7.1 pct in Q2 – CNA The Bad News Continues to Pile up for Japan’s Economy – WSJ Facing Reality in the Eurozone – Project Syndicate Scotland split jitters send sterling to 10-month low – Reuters U.S. Launches New Airstrikes on ISIS to Protect Dam in Iraq – NY Times The Mess Obama Made on the Way to the So-Called Ceasefire in Ukraine – Fiscal Times More than Half of Workers Have New Jobs Since the End of the Recession – MR Why Bubblevision Misses The Epic Failure Of The US Labor Market – Contra Corner Millennials are saying no to credit cards – CNN/Money It’s won’t be long before US debt is out of control – Quartz The Two Pillars of Full-Cycle Investing – Hussman Funds Do Whatever it Takes to Shock and Awe – Noland, Prudent Bear What Does the Media Do? – aucontrarian
MARKETS/INVESTING British stocks, pound fall; Asian markets meander – AP Goldman Sachs gets bullish again on stocks – CNBC The Goldilocks Recovery Lives On – New Yorker Stocks: Bull market alive for 2,000 days – CNN/Money You Missed $1 Trillion Return Agreeing With Fed Naysayers – Bloomberg Stock-picking gains traction as volatility looms – MarketWatch Gold inches down on stronger dollar, drop in shares limits losses – Reuters Another Week Of Strong Gold Demand In China – BullionStar Gold not getting much pop post-jobs report – MarketWatch China gold demand picking up again? – Mineweb Precious Metals and the Dollar – Silver News
ECONOMY/WORLD/HOUSING/BANKING The Exaggerated Death of Inflation – Guardian Who You Gonna Believe? – Alhambra Partners The Upside of August’s Jobs Report: A Goldilocks Economy – WSJ France and Friends: Merkel Increasingly Isolated on Austerity – Spiegel Eurozone faces another recession as ECB fails to avert confidence plunge – Telegraph U.K.’s Big Banks Cut Lending by $595 Billion, KPMG Says – Businessweek China Posts Record Surplus as Exports-Imports Diverge – Bloomberg China to become world’s largest economy in 2024: IHS – Channel News Asia China’s housing market is on the brink of collapse. Should Australia be worried? – Guardian House prices: Have sellers missed the top of the property market? – Telegraph Struggling Homeowners Are Shouldering The Responsibility Of U.S. Deficit – MFI Miami Whatever it takes to see helicopter Mario (Draghi) – Antonio Fatas
