Scary stuff: earnings have become more important over time

http://www.businessinsider.com/goldman-sachs-theres-still-a-killing-to-be-made-this-earnings-season-2017-7

Don’t look at unemployment: look at prime rate non employment rate and the Philips curve works again!

https://www.economy.com/dismal/analysis/datapoints/296127/There-Is-No-US-Wage-Growth-Mystery/

Here is another key Whitehouse post unfilled so far

https://www.economist.com/blogs/graphicdetail/2017/07/daily-chart-9

Five charts the FT thinks are most important right now.

https://www.ft.com/content/c4de73e2-17a1-11e7-9c35-0dd2cb31823a

UK recession around the corner?

http://www.businessinsider.com/recession-in-the-uk-in-2017-credit-suisse-2017-7

“US inflation decline is too persistent to ignore”

https://www.ft.com/content/cd6a1f41-809d-34c3-b244-356686407643

Somehow, these fear polls always reflect last month’s developments…

https://ftalphaville.ft.com/2017/07/19/2191625/bond-crash-fear-ascendant/

Another why-productivity-is-not-low-assessment

https://www.aei.org/publication/innovation-isnt-dead-another-wave-of-higher-productivity-might-be-on-its-way/

And here is some more on that topic

http://voxeu.org/article/slow-productivity-growth-may-not-be-new-normal-us

The pension gap…

https://www.weforum.org/agenda/2017/05/the-pensions-gap-may-require-future-generations-to-work-into-their-70s

This is not due to the Democrats, it appears…

https://www.economist.com/news/united-states/21725346-statistical-comparison-nominations-submitted-past-presidents

The ECB looks at two different Hawk-Dove indicators

https://www.ecb.europa.eu//pub/pdf/scpwps/ecb.wp2085.en.pdf

This one is on…

https://www.bloomberg.com/view/articles/2017-07-19/millennials-and-boomers-are-different-but-not-why-you-think

Oil break evens in international context

https://www.cfr.org/blog-post/follow-external-balance-payments-breakevens-oil-exporters

 

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