Econintersect: Click Read more >> below graphic to see today’s list.
The top of today’s reading list says oil prices are being pushed higher by traders …….. and the last article says British banks have wrongly convinced government that measures to improve the safety of the financial system will curb growth.
- Energy prices shouldn’t be rising, but traders keep pushing them higher (Steve LeVine, Quartz) See EconMatters predictions on energy prices at GEI Investing.
- Gandolfini heirs probably will end up in court over tax bill: Lawyer (Liz Skinner, Investment News) See also Why you should keep an eye on estate liquidity (Tom Nawrocki, LifeHealthPro)
- Traders versus economists (G.I., The Economist) Explaining the bond market selloff.
- A look at the state of the US economy. Join me in confusion! (Fabius Maximus) Fabius Maximus contributes to Global Economic Intersection.
- One Difference Between a Great Recession and a Great Depression: Jobs (Justin Fox, Harvard Business Review)
- After 14 Years of Free-for-All, Glass-Steagall is Back (Shah Gilani, Money Morning) Shah Gilani has contributed to Global Economic Intersection.
- Gold Gains as Slower U.S. Retail Sales Fuel Bets on Fed Stimulus (Joe Richter, Bloomberg) Gold is up 7.1% since 27 June, after it had crashed by 6.1% the previous two days.
- Bad Omens (John Mauldin, Outside the Box, Mauldin Economics) John Mauldin contributes to Global Economic Intersection.
- Why It’s Time to Pay Attention to Europe Again (Russ Koestrich, iShares Blog)
- British Banks ‘Bamboozled’ Government, Ex-BOE’s Jenkins Says (Jennifer Ryan and Ben Moshinsky, Bloomberg) “Robert Jenkins, a former member of the Bank of England’s Financial Policy Committee, said banks have wrongly convinced government that measures to improve the safety of the financial system will curb growth.”
