2--Say A Little Prayer" Bill Gross Warns, "Zombie Corporations Now Roam The Real Economy"
3--Outflows from EM funds accelerate Financial Times. Central bankers of emerging markets countries have been complaining about Fed-induced hot money flows for years, and the Fed has acted as if it has nothing to do with
4--Big companies warn on China slowdown Financial Times
5--One In Eight Americans Burdened By Student Loan Debt, Including 700,000 Seniors
6--US homeownership rate hits lowest level since 1967
By Tom Hall
Last month marked six years since the official end of the 2007-2009 recession, and, if official commentators are to be believed, six years since the beginning of the economic “recovery.”
31 July 2015
Yet by many indicators, American households are actually far worse off than they were during the depths of the 2008 crisis.
According to data released on Tuesday by the US Census Bureau, the share of Americans who own their homes has fallen to the lowest level since 1967.
Only 63.4 percent of American households owned their homes in the second quarter of 2015. This was a decline of 1.1 percentage points over only twelve months, and 5.8 percentage points less than the peak of 69.2 percent reached in 2004.
7--Fifty years on: Medicare under assault
8---National home prices reach housing bubble peak nine years later
9--RealtyTrac: Single-family home sales reach highest level since 2006