By Another Measure, U.S. Economic Growth Has Nearly Stalled This Year
L’article ci dessus dans le WSJ démontre que la croissance affichée est sinon un mirage, du moins un trompe l’oeil.
[Reuters] Japan inflation stalls and spending slides, keeps policymakers under pressure
[Bloomberg] Treasuries Rally Turns to Rout in Week of Surging Volatility
[Bloomberg] Fed Up Investors Yank Cash From Almost Everything Just Like 2008
[NYT] Carlyle Finds Hedge Funds Hazardous
[Reuters] Ackman’s hedge fund down 13.1 percent for August
[FT] US funds compare notes on torrid August
[Bloomberg] Erdogan Is Fighting Wars on Three Fronts
Reuters PBOC Yao: Fed should delay hike, could push some EM into crisis –R
US GDP Annualized (QoQ) Q2 S: 3.70% (est 3.20%; prev 2.30%)
US GDP Price Index (QoQ) Q2 S: 2.10% (est 2.00%; prev 2.00%)
US Personal Consumption (QoQ) Q2 S: 3.10% (est 3.10%; prev 2.90%)
US Core PCE (QoQ) Q2 S: 1.80% (est 1.80%; prev 1.80%)
CNBC Fed George: Prepared for rate hike, despite selloff –CNBC
Reutrs Fed George: Market strains warrant caution on rate hikes –Rtrs
Atlanta Fed Q3 GDPNow Forecast (27 Aug): +1.4% (prev +1.3%)
US Pending Home Sales (MoM) Jul: 0.50% (est -1.00%; rev prev -1780%)
US Kansas City Fed Manufacturing Activity Aug: -9 (est -4, prev -7)
El-Erian: QE4 isn’t on the cards
Reuters ECB Coeure: The euro is irreversible despite its faults
brunobertez 