Previously on MoreLiver’s:
EUROPE
Belgium’s new King, the UK’s new Prince, and a report card for Putin.
„Die Euro-Krise wird sich im Spätherbst
zuspitzen“ – Handelsblatt
Vor einem Jahr
kündigte EZB-Chef Draghi an, alles zu tun, um den Euro zu retten. Der frühere
EZB-Chefvolkswirt Jürgen Stark hält dies für fatal. Er fürchtet, dass die EZB
bald Frankreich mit Anleihekäufen stützen muss.
German industry will pick up, not enough to
buoy eurozone – Reuters
German manufacturing,
the backbone of Europe's largest economy, will slowly regain momentum
after a weak start to the year but its recovery is unlikely to be strong enough
to help the rest of the currency bloc.
Commerzbank: Das slog – The
Economist
British-American
historian Walter Laqueur experienced the demise of the old Europe and the rise of the new. In a SPIEGEL
interview, he shares his gloomy forecast for a European Union gripped by debt
crisis.
Conditional euro area sovereign default risk – Riksbank
(pdf)
Sveriges Riksbank
Working Papers by André Lucas, Bernd Schwaab and Xin Zhang
ECB
Draghi did it - Chart
of the week – Berenberg
Measuring Mario Draghi’s Promises 1 Year On – MoneyBeat
/ WSJ
LTRO payback, Eonia tightening edition – alphaville
/ FT
PIIGS
Cypriot deposit leakage continued in June – Open
Europe
A look beyond the headline
figures on Spanish unemployment
– Open
Europe
Is a Grexit possible before the German
elections? – BCA
The probability of
Grexit has increased due to several factors:
UNITED STATES
"Housing" - Is It Really Recovering? – ZH
Due to the shift in
the makeup of the U.S. economy, housing is no longer the contributor to the economy it once
was.
When it comes to
commodity trading, the U.S. Federal Reserve has a habit of lengthy
deliberation, deep enquiry and saying yes.
Earnings Beat Rate by Sector This Season – Bespoke
Michigan Confidence Hits Six-Year High – Bespoke
Michigan Consumer Sentiment: Highest Level in Six Years
– dshort
Consumer Sentiment
Highest Since July 2007 – WSJ
ASIA
Abenomics’ Next Big Test: Wages – WSJ
Now that Prime
Minister Shinzo Abe's quest to stamp out deflation showed signs of progress
Friday, his next test is wages.
OTHER
Insider trading enriches and informs us, and
could prevent scandals. Legalize it. – Wonkblog
/ WP
Nominal GDP Targeting and the Zero Lower Bound:
Should We Abandon Inflation Targeting? – Riksbank
(pdf)
Sveriges Riksbank
Working Papers by Roberto M. Billi
Using Financial Markets To Estimate the Macro
Effects of Monetary Policy: An Impact-Identified FAVAR* - Riksbank
(pdf)
Sveriges Riksbank
Working Papers by Stefan Pitschner
Are all Capital Inflows Associated with Booms
in House Prices? An Empirical Evaluation – Central
Bank of Chile (pdf)
Central Bank of Chile Working Papers by Alejandro Jara Eduardo
Olaberría
International Reserves and Rollover Risk – Dallas
FED (pdf)
Dallas Fed Institute
Working Papers by Javier Bianchi and Juan Carlos Hatchondo
‘Shallow Risk’ and ‘Deep Risk’ Are No Walk in
the Woods – MoneyBeat
/ WSJ
OFF-TOPIC
Collage of Arts and Sciences – Smithsoian
He handed the scientists
large pieces of white paper and some crayons and asked them, on the spot, to
draw their award-winning discoveries. Once they finished, he photographed them
with their sketches in poses of their choosing.
Isaac Asimov’s Fan
Mail to Young Carl Sagan – brain
pickings
A Soviet-born American tours the Hermit Kingdom and finds humanity
in a most inhumane place.
2001: A Space Odyssey
- Discerning Themes through Score and Imagery – URI
'Prolific Partner':
German Intelligence Used NSA Spy Program – Spiegel
Angela Merkel and her ministers claim they first learned about the US government's
comprehensive spying programs from press reports. But SPIEGEL has learned that
German intelligence services themselves use one of the NSA's most valuable
tools.
What Makes Some
People So Smart? – Wired
Science Prodigy Zhao Bowen Wants to Crack a Genetic Mystery´
The Child Prodigies
Who Became 20th-Century Celebrities – Smithsonian
Every generation produces kid geniuses, but in the early 1900s, the
public was obsessed with them
The Cheat Code to Life – Wired
Sneaky tricks, workarounds, and creative rule-bending to outwit the
chumps and get what you want
Makers of War – Wired
The arms manufacturers of Aleppo used to be ordinary
men—network administrators, housepainters, professors. Then came the bloody
Syrian crisis. Now they must use all their desperate creativity to supply their
fellow rebels with the machinery of death.
FINNISH
Sanoma vapaapudotuksessa – Nordnet
Strategiamuutos
odotettavissa konsulttien lomien jälkeen
Ei kurjuutta kummempaa – Tyhmyri
Vielä olisi
ehkä mahdollista pelastaa euro ja Euroalueen talous jos halua olisi
Euroopan yhteiskunnallinen kriisi – Henri
Myllyniemi / US Puheenvuoro
Asuntomarkkinat jakautuvat: Pääkaupunkiseutu
ylös, muu Suomi alas
– Verkkouutiset
Palkkamaltti voi auttaa Suomen talouden
kasvuun – Verkkouutiset
Suomi-laiva on kuin Titanic aikoinaan – Verkkouutiset
Ammattiliitto
Pron puheenjohtaja Antti Rinteen mukaan suomalaisten päätöksentekijöiden ja
yrityseliitin on tarkasteltava omien arvojensa kestävyyttä ennen syksyn talous-
ja työmarkkinapäätöksiä.
Vartiainen: Eläkeputki syytä tukkia kokonaan – Suomenmaa
Hallitukselle
ei heru luottoa talousasioissa - edes omilta – Kaleva