World’s Fastest-Growing Economy May Not Be So Fast After All Economic data should not be an instrument for political manipulation. https://www.bloomberg.com/news/articles/2019-06-11/world-s-fastest-growing-economy-may-not-be-so-fast-after-all
Austerity to blame for 130,000 ‘preventable’ UK deaths – report More evidence of disastrous right wing Tory austerity policies. https://www.theguardian.com/politics/2019/jun/01/perfect-storm-austerity-behind-130000-deaths-uk-ippr-report?CMP=Share_AndroidApp_WordPress
Distressed Greeks Say ‘What Recovery?’ as Banks Seize Homes https://www.bloomberg.com/news/articles/2019-05-03/distressed-greeks-say-what-recovery-as-banks-seize-homes
Central Banks Play a Game of Risk Management https://www.wsj.com/articles/central-banks-play-a-game-of-risk-management-11552233573
Delay to tax havens’ public registers ‘risks national security’ https://www.theguardian.com/world/2019/feb/21/delay-to-tax-havens-public-registers-risks-national-security?CMP=Share_AndroidApp_WordPress
A Tiny Screw Shows Why iPhones Won’t Be ‘Assembled in U.S.A.’ Fascinating case study on the challenges of Buy American policies. https://nyti.ms/2HBT2QK
Debt machine: are risks piling up in leveraged loans? – https://www.ft.com/content/64c9665e-1814-11e9-9e64-d150b3105d21 via @FT
Bill Gates: The Best Investment I’ve Ever Made https://www.wsj.com/articles/bill-gates-the-best-investment-ive-ever-made-11547683309
Investors Are in Retreat, and the Poorest Countries Are Paying for It Chickens are coming home to roost from reckless zero rate policy https://nyti.ms/2GyFcOA
There Have Never Been So Many Bonds That Are Almost Junk What is left unsaid in this article is that we still view risk through the prism of the rating agencies. Suppose a large % of the bonds clustering at near junk levels are really not investment grade? Is there rating agency inertia to downgrade …