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Book of the Month                               

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. Turkish lira drops more than 5% as risk aversion mounts
    Fresh signs of eurozone slowdown trigger sell-off by jumpy investors
  2. US yield curve measure inverts for first time since 2007
    Landmark moment for metric watched by the Federal Reserve as an indicator of recession
  3. German 10-year bond yield slips below zero
    Gloomy new economic data and dovish shift in global monetary policy spark rally in Bunds
  4. FirstFT: Today’s top stories
    Your daily briefing on the news
  5. Alan Krueger left the world a better place
    The professor showed by example how to be an economist, public servant and colleague
  6. Why Italy wants China’s Belt and Road Initiative
    Stuttering economy lags EU peers as a trade and investment partner for Beijing
  7. Ghana plots 50-year bond after 30-year flies off shelves
    Robust demand for yield leads to coupon cut for Accra’s $3bn debt sale
  8. Japan flash manufacturing PMI unchanged in March despite output drop
    Slack international and domestic demand saw output fall to 3-year low
  9. Sector optimism drives chipmakers back to record high territory
  10. The Fed has shifted to a far more appropriate stance
    The US central bank has improved both its analysis and its messaging

Financial Market News from the Financial Times

  1. Global growth fears, lira sell-off knock EM assets
  2. The London Report: Dollar earners lead FTSE fallers
    UK benchmark closes more the 2% lower as growth concerns take hold
  3. Demand for Lyft IPO bodes well for Uber
    Ride-hailing app will not be profitable for years, but analysts already marking it up
  4. The mask of Bolsonaro’s guru Carvalho slips
    Depicted as placid and learned, Brazil’s hardcore ideologue explodes into insults
  5. Global markets take fright on slowdown fears
    Stocks head down, Bunds turn negative and US Treasury yield curve goes inverted
  6. Sterling mounts recovery on Brexit delay and euro weakness
  7. 10-year Treasury eyes best March quarter in three years
  8. EM investors can take only small comfort from Fed
    Prospect of a central bank more minded to cut rates is not unalloyed good news
  9. Citigroup fires eight Hong Kong traders
    Bank says internal investigation found they were misleading clients
  10. Pension inequality top investor gripe as AGM season nears
    Shareholders claim notable victories but some groups still resist bringing executives in line with staff