What I'm reading this morning:
- New bogeyman: China just dumped $100 billion in Treasurys (Zero Hedge)
- Will any signal come out of Jackson Hole this week, or just more noise? (Wall Street Journal)
- Stock-Market Tumult Exposes Flaws in Modern Markets (Wall Street Journal)
- Jim Chanos is ready for his close-up (New York Times)
- Don't fall out of your chair if the Chinese start executing or disappearing their stock market regulators (Bloomberg)
- Larry Swedroe: Investors have a choice over whether or not to participate in the China panic (ETF.com)
- Goldman: Bonds are working as a portfolio hedge (Bloomberg)
- But while traditional bond funds do the trick, we can't say the same about the so-called liquid alts (Wall Street Journal)
- Signs, Long Unheeded, Now Point to Risks in U.S. Economy (New York Times)
- The recent crisis is exactly why the Fed needs to get off the zero lower bound (Business Insider)
- David Merkel on the stock market's wealth effect (Aleph Blog)
- When correlations go to one (A Wealth Of Common Sense)
