Money & Markets – Week of 08.21.16

Reasons Why Major Global Banks Are Developing Their Own Cryptocurrency
Sputnik News | 26 August 2016
Citigroup…JPMorgan and Goldman Sachs are…

Fed’s Yellen Says Case for Another Interest-rate Hike Has Strengthened
Market Watch | 26 August 2016
I believe the case for…

US Trade Deficit Shrinks On Biggest Spike In Food & Beverage Exports In History
Zero Hedge | 26 August 2016
Beat expectations of…

World’s Biggest Pension Fund Loses $52 Billion in Stock Rout
Bloomberg | 26 August 2016
Follows a 5.3 trillion yen loss in…

“Central Banks Now Own $25 Trillion Of Financial Assets”
Zero Hedge | 25 August 2016
”Keynesian Put”, the expectation that…

As Central Bankers Gather, Some at Fed Make Interest Rate Rise Case
Reuters | 25 August 2016
Decade…

Fed Releases Details of Jackson Hole Conference and Attendees
Bloomberg | 25 August 2016
Outline of the program…

Bond Traders Are Desperate for Direction From Yellen in Jackson Hole
Bloomberg | 25 August 2016
Year-end…

How Long Will It Take for the ECB to Own All Sovereign Debt of Spain, Germany, France?
Mish Talk | 25 August 2016
Will have have purchased all…

Plot Thickens in SEC Case of a $35 Billion Company No One Knows
Bloomberg | 25 August 2016
Ambitions include licensing “heavy ion”…

The World’s Economies Are Learning to Share
Stratfor | 25 August 2016
Profound — and potentially disruptive…

Is The End Nigh? Former FOMC Member Warns “The Fed Is Vulnerable”
Zero Hedge | 25 August 2016
Should not take the bait…

Four More Mega-Banks Join The Anti-Dollar Alliance
Value Walk | 24 August 2016
Right now, most international financial transactions…

Pensions and Bonds: the Problem Explained
FT | 23 August 2016
Bond mathematics and the scale of…

Judge Scolds Bevin for ‘Strong Arm Tactics’
Courier Journal | 23 August 2016
Scolded …for using “lawless…

Bonnie Baha, DoubleLine’s Director of Global Credit, Dies
Reuters | 22 August 2016
One of the best…

The Fed Launches A Facebook Page… And The Result Is Not What It Had Expected
Zero Hedge | 21 August 2016
Less than euphoric public reactions…

Lessons from Baton Rouge: How to Storm-proof Your Home Insurance
Market Watch | 22 August 2016
One common mistake…

Fintech
60 Minutes | 21 August 2016
Challenging the establishment…

Still King: 57% of Manhattan Condo Sales This Year Have Been All-cash
Real Deal | 19 August 2016
Change underfoot…

Miami Beach Now a Zika Zone: SoFla Real Estate Could Be Stung
Real Deal | 19 August 2016
Newly confirmed…

Minnesota Farmers Turn to Bankruptcy as Low Prices Continue
Ag Web | 16 August 2016
Rising statewide…

Biggest Thieves in the Country: Employers
Undernews | 16 August 2016
Different forms…

China-Europe Freight Train Adds New Route to Russia’s Chelyabinsk
People CN | 14 August 2016
To extend to Russian’s…

Kazakhstan Orders Train Ferry
Railway Gazette | 21 June 2016
Partners from Azerbaijan, Georgia, Turkey and…

The Silk Road
Wikipedia | 23 August 2016
Background resource…

The Globalization Disconnect
Project Syndicate | 25 July 2016
Globalization has lost its…

McKinsey: Capturing China’s $5 Trillion Productivity Opportunity
McKinsey | June 2016
Five major opportunities…

More Than Half of Americans Living on the Edge of Financial Ruin
Sputnik News | 20 May 2016
When income rose to…