Good morning. Retail is the agriculture of the 90s

http://www.businessinsider.com/retail-apocalypse-jobs-share-of-employment-falling-2017-6

Interesting…

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https://www.bloomberg.com/view/articles/2017-06-20/climbing-down-into-airline-hell-year-by-year

The UK Philips curve all the way back to 1500…

http://www.bankofengland.co.uk/publications/Documents/speeches/2017/speech984.pdf

From the Economist

http://www.economist.com/blogs/graphicdetail/2017/06/daily-chart-16

A country report on Iceland by the IMF

http://www.imf.org/en/Publications/CR/Issues/2017/06/22/Iceland-Selected-Issues-44999

For those that like readings on margins and term spreads

http://libertystreeteconomics.newyorkfed.org/2017/06/low-interest-rates-and-bank-profits.html

No value in value?

http://www.businessinsider.com/retirees-buying-value-stocks-may-be-responsible-for-the-next-big-stock-market-shift-2017-6

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