Good morning. No wonder US earnings have been falling…
Stock market corrections without recessions. They happen
http://awealthofcommonsense.com/stock-market-sell-offs-without-a-recession/
Interesting chart on fact checking politicians. Remarkably, Bill Clinton scores high….
http://www.businessinsider.com/politicians-do-not-always-tell-the-truth-2016-1
A bit of reading on liquidity in the corporate bond markets
http://www.voxeu.org/article/resilience-market-liquidity
If you have a couple of minutes (uhm hours) to spare…. (via Tjeerd Borrie)
http://apollo17.org/
This should be interesting: “Financial Distortions in China: A General Equilibrium Approach”
https://www.scribd.com/fullscreen/295521228
And… down the growth estimates go again!
http://www.imf.org/external/pubs/ft/weo/2016/update/01/pdf/0116.pdf
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