I am a bit short of time this week so I am posting today's links without summaries or comments. Still, these are notable news stories.
I will say this, the story on corporate bond issuance slowing to a crawl and this one not in the links on EM bond and equity fund outflows speaks to the depth of the crisis due to tapering fears. The EM story is going to dominate headlines for some time to come.
Lenders cut mortgage rates by up to 0.45% | Money | The Guardian
US house sales fall by 13.4% casts shadow over economic recovery | Business | theguardian.com
Emerging market rout threatens wider global economy - Telegraph
Did Fed’s Forward Guidance Backfire? Paper Says Probably - Real Time Economics - WSJ
Fed's Lockhart: 'comfortable' with cautious September taper | Reuters
Global corporate ...
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Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He has also been a regular economic and financial commentator in print and on television for the past decade. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.