Money & Markets 03.20.16

Business in America: The Problem with Profits
The Economist | 26 March 2016
Time for more…

Atlantic City Prepares for Shutdown Due to Financial Crisis
NY Daily News | 25 March 2016
Nonessential…

Rockefeller Family Fund Divests From Fossil Fuels
ABC News | 24 March 2016
Fortify its own…

More Banks Steer Clear of Russia’s Bond Sale
WSJ | 23 March 2016
Funnel…

US Inflation Rears Its Ugly Head as Global Cycle Nears Danger Zone
The Telegraph | 15 March 2016
Gauge of “sticky-price” inflation…

Living in a RV or Tiny House is Now Illegal!?
YouTube | 21 March 2016
Tiny house and HUD…

BP: The US Will Be Energy Independent in 5 Years
Business Insider | 24 March 2016
Other huge predictions…

Brazilian Oil Company Petrobras Announces Record Loss Amid Crises
Time | 23 March 2016
Even if it fails to…

U.S. Says It’s Not Deterring Foreign Banks in Iran
Reuters | 23 March 2016
Take a lot for them to…

Western Banks Wary of Helping Russian Privatisation – Bankers
Reuters | 22 March 2016
Advise on…

A Growing Corner of China’s $2 Trillion Mortgage Market Looks a Lot Like the US Subprime Bubble
QZ | 22 March 2016
As the economy…

Turning Point? U.S. Commercial-Property Sales Plunge in February
Morningstar | 22 March 2016
Blip or the…

JPMorgan Warns “Reduce Equity Exposure… Don’t Chase Crude”
ZeroHedge | 21 March 2016
Worst is…

Why We Should Fear a Cashless World
The Guardian | 21 March 2016
Moral and practical…

Here We Go Again: Government Ramps Up Borrowing As Private Sector Slows
Dollar Collapse | 21 March 2016
Stopped working…

China Has a $590 Billion Problem With Unpaid Bills
Bloomberg | 20 March 2016
Corporate insolvencies jumping by…

Bangladesh Gets FBI Help on Bank Heist, Cyber Expert Missing
Reuters | 21 March 2016
Refused to investigate her husband’s…

Marriott wins back Sheraton-owner Starwood with new offer
Reuters | 21 March 2016
Shares were up…

Wall Street’s Pile of Unwanted Treasuries Exposes Market Cracks
Bloomberg | 20 March 2016
Ripple effect…

Roger Agnelli, Who Reshaped Miner Vale, Dies in Crash
Bloomberg | 20 March 2016
Board member of…Brazil…

KKR Buys Defence Electronics From Airbus
Defense News | 18 March 2016
Profitable business with significant…

Buyers Sing Blues After Memphis Bond Default Goes Unrecognized
Bloomberg | 18 March 2016
Odd that the price…

Brazil Senator’s Plea Bargain Contains Accusations Against Rousseff
Morningstar | 15 March 2016
State oil company Petróleo Brasileiro S.A…

Profits of Death: Disaster Capitalists Fan Flames of War in Syria
M Insurge-Intelligence | 15 March 2016
Small sub-set of multinational…

Cash in Vaults Tested by Munich Re Amid ECB’s Negative Rates
Bloomberg | 16 March 2016
Insurers, savings banks and pension…

Energy Sector Defaults Could Go Like Dominoes
Market Watch | 16 March 2016
Especially those…

J.P. Morgan Readies Mortgage-Backed Deal
NASDQ | 14 March 2016
Derivatives to unload…

Varieties of Inequality: The Great Divergence
The Economist | 12 March 2016
Most successful cities, states and firms are…

Part I: The Real American Exceptionalism by Jeremy Grantham – pdf
GMO Quarterly Letter | 4th Quarter 2015
Start at Page 7: Never any attempt to prove…