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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. S&P 500, Dow turn negative as intraday volatility returns
  2. Tepid inflation gives Fed room to slow rate rises
    US central bank still expected to lift its target range at its meeting next week
  3. ArcelorMittal wants more protection for EU steel
    World’s largest producer of grey metal calls for tougher defences against US tariffs
  4. EU-Japan deal is a model for post-Brexit trade talks
    The pact slashes tariffs on EU food exports in return for liberalised access to its car market
  5. Alphachat is back! Vol. 1
    MIT's David Autor on about what we now know about trade
  6. China car sales in steepest monthly fall in 6 years
    World’s biggest market heads for first annual drop since 1990s as trade war deepens 
  7. Wall Street stock futures higher on US-China trade hopes
  8. Carmakers rise on reports China moving towards cutting US auto tariffs
  9. FirstFT: Today’s top stories
    Your daily briefing on the day’s news from the FT and elsewhere
  10. Charts of the Year: US financial conditions have ‘tightened considerably’
    Rate of change has significant economic ramifications

Financial Market News from the Financial Times

  1. UK mining stocks bounce from an 18-month low
  2. S&P 500, Dow turn negative as intraday volatility returns
  3. We must rethink the purpose of the corporation
    The idea that businesses only pursue profits leads to dire outcomes
  4. UK loses patience with banks’ IT glitches
    Fidelity weighs robo advisory service launch, Zopa on fundraising trail
  5. French debt hit by political protests
    Spread over Bunds widens as France’s spending pledge fuels investors’ budget fears
  6. How Brexit turmoil moves the pound
    Political uncertainty is weighing on traders and investors
  7. Wall Street off its morning highs despite trade hopes
  8. Brussels offers Swiss exchanges temporary market access
  9. Stocks lifted by US-China trade optimism
    Talk of China dropping tariffs on US car imports bolsters autos sector
  10. EU plans UK clearing house equivalence in return for info sharing