
What I'm reading this morning:
- Bond Market Sends Fed All-Clear to Raise Interest Rates (Bloomberg)
- Will the boost from housing show up elsewhere in the economy? (Wall Street Journal)
- Glencore, which brought a gigantic IPO to market at the top of the metals boom, is now a dumpster fire that someone kicked off a cliff (Wall Street Journal)
- Goldman thinks China's already spent $236 billion on their stock market rescue (hasn't worked so far, maybe another $236 billion will do the trick) (Bloomberg)
- "We can currently claim ownership to the highest peace-time level of public debt of all time." (Alhambra)
- An Obscure Hedge Fund Is Buying Tens of Billions of Dollars of U.S. Treasurys (Wall Street Journal)
- Group of 20 finance leaders acknowledge that low rates isn't doing anything for global growth (New York Times)
- The World’s Best Investment For the Next 12 Months (Philosophical Economics)
- The new pitch brokers are using to push annuities: Rising rate protection (Investment News)
- LOL - DEUTSCHE BANK: We examined 200 years of data and concluded stocks, bonds, and housing are at 'peak valuation' (Business Insider)
- Welcome...to Bitcoin Island (Bloomberg)