Raghuram Rajan, the governor of India's central bank, fears supereasy money from the world’s central banks is inflating assets and encouraging bad investments
Watch for risks from indebted corporate Asia (Financial Times)
Asian debt back to levels last seen in crisis of 1997
Little Improvement Seen from China's Economic Stimulus Measures (WSJ)
China July property investment slows, sales drop sharply (Reuters/Baltimore Sun)
BofAML Warns "Start Looking For An S&P Top" (Zero Hedge)
Gundlach Says Junk Bond Market ‘Not Cheap’ After Sell-Off (Financial Advisor Magazine)
DoubleLine Capital's Jeffrey Gundlach said on Friday that the junk bond market is "not cheap," even after its recent sell-off. Gundlach, as co-founder and chief investment officer at DoubleLine, helps oversee $52 billion in assets.
France's 'Recovery' In 1 Hard-To-Believe Chart (Zero Hedge)
Eurozone woes deepen as Spain's industry slumps (The Guardian)
Production declined across the 18 eurozone members by an average 0.3%, with Spain's industrial production declining 0.8%
Italy's Renzi must bring back the lira to end depression (The Telegraph)
It is an incontrovertible fact that Italy’s 14-year disaster coincides with EMU membership
Boston Fed Chief Rosengren Calls for Repo Market Overhaul (DealBook)
Wall Street banks continue to borrow billions of dollars a day in a market that dried up suddenly in 2008 and sent shock waves through the financial system and the wider economy.
Could weaker oil be signaling doom for stocks? (CNBC)
The price of Brent crude slipped to a 13-month low on Wednesday, pushed lower by reports of oversupply in the markets. However, some market watchers believe that this softness could be signaling something more sinister in the global economy, with a risk that the weakness could spread to other assets.Gold-Oil Ratio Rises to Highest Since March on Economy (Bloomberg)
Carl Quintanilla: "Barclays gets cautious on stocks"
Barclays gets cautious on stocks. (via @pattidomm) pic.twitter.com/hU8jRPDOMo
— Carl Quintanilla (@carlquintanilla) August 12, 2014