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This month we are recommending "The Cul-de- Sac Syndrome: Turning Around the Unsustainable American Dream".
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Financial Market News


Global Economic News from the Financial Times

  1. Financial tremors threaten Recep Tayyip Erdogan’s hold on Turkey
    For him, economics is an accessory to politics, to drape around the election calendar
  2. Planning rules are driving the global housing crisis
    Some analysts insist there is no problem with supply — they are wrong
  3. Chinese regional investment arm in landmark bond default
    Xinjiang holding group misses debt payment signalling end of implicit state bailout
  4. Eurozone second quarter growth rate revised higher to 0.4%
    Stronger reading helps ease concerns about a slowdown in the bloc
  5. German second quarter economic growth beats forecasts
    Eurozone’s biggest economy expanded 0.5 per cent from the first three months of 2018
  6. Emerging market exports slow even before tariff hit
    Mini boom in exports comes to an end as growth falls to 18-month low
  7. China fixed asset investment slows to record low
  8. Turkish lira crisis starts to hit other emerging markets
    Erdogan lashes out at economic ‘traitors’ and accuses US of stabbing country in the back
  9. Argentina’s ex-president answers bribery allegations
    Fernández de Kirchner accused of accepting millions related to public works projects
  10. Investors fear Turkey is harbinger of crisis as easy money ends
    Problems underline that investors will be less forgiving as monetary stimulus slows

Financial Market News from the Financial Times

  1. Wall Street futures higher as lira rebounds
  2. Markets Live: Tuesday, 14th August 2018
  3. Turkish lira rebounds 6% after streak of steep falls
    No sign of Turkey backing down as Erdogan urges Apple boycott
  4. Indian rupee weakens past Rs70 per dollar to record low
  5. Further reading
    Predatory economics; the collapse of the council; dribbling round sanctions; social media's cult connection; and much more.
  6. Turkey contagion fears are overblown [Update]
    Only Spain has some exposure to Turkish assets
  7. Fast Europe Open: Germany GDP, UK unemployment
  8. Bitcoin falls below $6,000 to lowest since June
  9. Emerging market exports slow even before tariff hit
    Mini boom in exports comes to an end as growth falls to 18-month low
  10. Asia equities mixed as China, Hong Kong stocks drop