Previously on MoreLiver’s:
Roundups &
Commentary
News – Between
The Hedges
Markets – Between
The Hedges
Recap – Global
Macro Trading
The Closer – alphaville / FT
US: Lowest Volume Day Of Year Ends With Hindenburg Omen – ZH
EUROPE
Mohamed El-Erian : This
summer’s sense of economic normality in Europe is neither natural nor necessarily tenable in
the long term, because it reflects temporary and potentially reversible
factors. If Europe does not return to addressing its economic
challenges in a more comprehensive manner, the current calm may quickly give
way to renewed turmoil.
A Summer of Love for EU Banks? – WSJ
Threats to a European rebound – alphaville
/ FT
Board Concludes 2013 Article IV Consultation – IMF
UNITED STATES
Fed Survey: Banks eased lending standards – Calculated
Risk
"experienced
stronger demand in most loan categories"
ISM Non-Manufacturing
Big Positive Reversal –
Bespoke
At 56.0 indicates
faster expansion in July – Calculated
Risk
Biggest One Month Move
Since April 2009 – ZH
ASIA
Board Concludes 2013 Article IV Consultation
Discussions – IMF
OTHER
Is the service sector surge global? – alphaville
/ FT
Stephen King's latest horror tale: The future
of the global economy – Wonkblog
/ WP
Stephen D. King may
not be the author of "The Shining" or "Carrie," but that
doesn't mean his new book doesn't offer a vision of a world with more, er,
Misery. King, the chief economist of HSBC, argues in "When the Money Runs
Out: The End of Western Affluence" that the rapid growth in the second
half of the 20th century was an anomaly, and that with a return to a slower
pace of growth citizens of leading Western nations need to re-adjust their
expectations. We spoke recently on his trip to Washington; this transcript has been edited for length
and clarity.
FINNISH
Lender of Last Resort (LLR) – välttämättömyys
jota ei euromailla ole
– Tyhmyri
Suomen valtion tasekupla – Pauli
Vahtera
Kukkahatut ovat pilanneet maailman – Keronen
Kauppa romahti keväällä - Suurin kato
erikoiskaupoissa – TE
Kuluttajat karkaavat ulkomaisiin
verkkokauppoihin – TalSa
Kokoomuksen kuristusote on myrkkyä SDP:lle – Imatralainen
Haglund: Guggenheim haluaa valtion mukaan
rahoittamaan museohanketta – YLE
Euroalueen vähittäismyynti kääntyi taas
laskuun – TalSa
Mielipide: Kilpailukykyongelma sälytetään
palkansaajille – HS