Good morning. Low vol is the place to be!

http://thereformedbroker.com/2016/07/12/the-laws-of-capitalism-are-being-rewritten/

The rise and fall of economies…

https://twitter.com/ThewissenS/status/753226184465518592

Remember this one?

http://www.calculatedriskblog.com/2016/07/update-scariest-jobs-chart-ever.html

Card fraud? Never heard of it, even…

http://uk.businessinsider.com/the-us-has-the-third-highest-card-fraud-rate-in-the-world-2016-7

Some thoughts on European credits and banks

http://ftalphaville.ft.com/2016/07/13/2169313/dont-count-on-european-credit-growth/

Horrible lay-out, but the message is clear: Italian banks vs growth

https://marketmonetarist.com/2016/07/12/the-italian-bank-crisis-the-one-graph-version/

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