What I'm reading this morning:
- Futures plunging this morning on a laundry list of concerns (Reuters)
- BlackRock smashes earnings (ValueWalk)
- BofA posts a messy but better-than-expected quarter (MoneyBeat)
- Where Do the World’s Wealthiest People Live? (Real Time Economics)
- Global wealth has increased from $117 trillion in 2000 to $262 trillion this year (Economist)
- The oil crash is f***ing neverending (Business Insider)
- The carnage in MLPs is breathtaking (MoneyBeat)
- Andy: The top calls are premature (AThrasher)
- The bond market still says "sell stocks" (All Star Charts)
- Larry Swedroe: Sorry, there's no predictive signal in past returns (ETF.com)
- Russian stocks are going to zero. (MarketWatch)
- First rule of the Fed's Doomsday Book: You do not talk about the Fed's Doomsday Book. (New York Times)
- Investors take zero-rates for granted and unwisely believe that central banks will protect them - BIS (Telegraph)
