EUROPE
Reality check for the euro area economy – Saxo
Bank
The rosy "strong
euro area growth" narrative is done.
EUROPEAN CENTRAL BANK
Draghi Admits "Growth May Have
Peaked"; ECB To Delay QE Unwind – ZH
Euro area monetary policy – Pictet
How I Learned to Stop
Worrying and Love the Soft Patch
ECB Preview: Not on Draghi’s watch – Danske
Bank
We expect the first rate
hike in December 2019, after Draghi’s reign ends
UNITED STATES
Tim Duy: Fed Will Accept a Recession Before It
Allows High Inflation –
BB
Even modest price
increases could compel the central bank to raise rates faster.
MARKETS / OTHER
Peak S&P 500 P/E multiple? – Kevin Muir
Bank of America:
"The Last Time We Saw This In The Market Was 2007" – ZH
Evidence is mounting that spreads have hit cycle tights – in other words,
that bigger fundamental challenges in credit are 6-12 months away, not 2-3
years down the road.
A Little-Known Indicator
Sees VIX Soaring To 40 – ZH
A curious correlation between volatility and the shape of the yield curve
Quarterly Outlook – Saxo Bank
Why Facebook Fears the
EU's New Privacy Rules – BB
The social network doesn't want its non-EU users to avail themselves of
new privacy standards because it struggles to comply with them.
REGULARS
FirstFT Daily Briefing – FT
Oil’s big rally, meet virtual Miquela, Arsène-less Arsenal
WSJ City – WSJ
Barclays CEO Fined but Keeps Job, Don’t Worry About a Recession (Yet)
WSJ Economics – WSJ
Oil Prices Climb | Trade Fight Causes Collateral Damage | Larry Kudlow
Steps Into the Spotlight
“Best of the web” daily
charts – Lukas
Daalder
Danske Daily – Danske Bank
Daily Market Comment – Marc
Chandler
The Greenback is Alive
Brussels Playbook – Politico
Don’t shake Putin’s hand — Europe preps for Trump — Transparency rules
Five Things You Need to
Know to Start Your Day – BB
US Open – ZH
Stocks Struggle As Surging Dollar Snaps Commodity Rally
Frontrunning – ZH
FINNISH
Korot olivat
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