Financial Markets and Economy
Global investment banks have slowest first half since 2012 (Business Insider)
Global investment banking fees fell by nearly a quarter in the first half of 2016 from a year earlier as market volatility hit capital markets and M&A deal making, Thomson Reuters data published on Monday showed.
Bond Markets Have a Message About the Economy That Stock Investors Might Not Want to Hear (Bloomberg)
There's a big disagreement brewing in global markets.
After Brexit, everything is low (Quartz)
It’s been a week since the UK voted to leave the EU. The referendum completely upended British politics, and markets have had a pretty wild ride, too. Investor anxiety about Brexit, on top of other worries, pushed a range of assets to historic lows last week, in some cases the lowest lows on record…
Here are 10 definitive reasons why you should stay bullish on the US economy (Business Insider)
Stay bullish on America, even though there are reasons to become discouraged about the economy.
The 500 Tons of Gold That Signal Investors Rising Global Angst (Bloomberg)
Global gold holdings have expanded by more than 500 metric tons since bottoming in January in a signal of investors’ rising concern about slowing growth, a Federal Reserve that’s probably on hold and the ructions caused by Britain’s vote to quit the European Union.
Predictions of a Chinese banking system bailout are going mainstream (Bloomberg)
Predictions of a Chinese banking system bailout are going mainstream.
Crude prices gain as Saudi Arabia sees market becoming more balanced (Market Watch)
Oil prices rose in choppy trade on Monday after Saudi Arabia’s energy minister said the global oil market is heading toward balance, and more attacks in Nigeria were seen as curbing the country’s oil production.
Silver is going nuts (Business Insider)
The price of silver is charging on Monday, as expectations of central bank action following the UK's vote to leave the European Union increase.
Canadian Dollar in Longest Rally Since February on Oil, Silver (Bloomberg)
The Canadian dollar posted its longest rally since February as commodities bounced on expectations central banks will keep the stimulus flowing following Britain’s Brexit vote.
Pound edges up against dollar, while yen falls (Market Watch)
The pound inched higher against the dollar on Monday, with credit going in part to buzz around a possible U.K. corporate tax cut that could boost Britain’s economy.
Never mind the Brexit — here are energy stocks still worth buying (Yahoo! Finance)
Oil prices have been volatile since the Brexit vote, but there may be opportunities in the energy space, according to one portfolio manager.
Robert Thummel, portfolio manager at Tortoise Capital Advisors, sees crude prices trading mostly in a range between $45 and $55 per barrel for the long term.
One chart shows how wildly uncertain Britain's economic future is after Brexit (Business Insider)
Britain's political and economic landscape is now more uncertain than in has been in more than 20 years, and what happens next is anyone's guess, according to the latest research from economists at Morgan Stanley.
Japans Top Fund Fell 25% After Brexit Vote as Volatility Spiked (Bloomberg)
Investors who put their money in Stratton Street Capital LLP’s warrant fund have been on a roller coaster ride of late.
Asia stocks down, Aussie dollar slips on election uncertainty (Business Insider)
Asian share markets took a step back on Monday, while the Australian dollar dropped after no clear winner emerged from a weekend election.
Target Prices of Gold from $5,000 to $12,000 per Ounce (Jesse's Cafe Americain)
If one compares the US monetary base per capita vs the price of gold in US dollars, we can see a historical relationship that diverges for long periods of time, but always seems to return to a closer relationship during periods of financial stress.
Britain is plunging towards an economic nightmare, and it isn't just because of Brexit. (Business Insider)
On Monday morning, Markit released its latest set of data on the state of the UK’s construction sector, and to say things didn't look good would be an understatement.
Tesla is about to repeat history — and that's not a good thing (Business Insider)
On Sunday, Tesla reported its vehicle deliveries for the second quarter.
Finding Our Greatness: Three Best Practices of Trading (Trader Feed)
We can learn a great deal by studying our successes and the success of others. Here are three trading best practices that I've found to contribute to trading performance.
Politics
Trump defends 'star' tweet; Clinton says it's anti-Semitic (Reuters)
Republican presidential candidate Donald Trump on Monday defended a social media post he made two days earlier that included an image depicting Democratic rival Hillary Clinton against a backdrop of cash and a Star of David, while Clinton called the image anti-Semitic.
From Hillary Clinton Donor To Kremlin Bank Flack (The Daily Beast)
One of Hillary Clinton’s favorite attack lines against Donald Trump is that his relationship with the Kremlin is much too cozy for comfort.
At least one of her campaign bundlers seems to have missed that line of criticism.
Technology
Engineers develop cyborg locusts to sniff out explosives (The Telegraph)
The latest thing in bomb detection may soon be an insect wearing a tiny backpack.
American engineers are working to develop a system of heat-generating “tattoos” that would turn locusts into remote controlled explosive detectors. Electrodes in their brains would then beam information back to their operators, indicating whether or not they had found dangerous substances.
Googly-eyed robots rule: Why it’s vital to make us like them (New Scientist)
An electric buggy’s brakes fail, sending it into the street where it blocks traffic; its owners say that it’s the third time this has happened and they’re going to have to scrap it. Bystanders nod and get on with their day.
Health and Life Sciences
Fertility boost through 'energy test' (BBC)
Testing the "energy supply" in an embryo could improve the odds of having a baby through IVF, University of Oxford researchers say.
They analysed the activity of microscopic power stations called mitochondria in 111 embryos.
Making Barbecue Healthier (Forbes)
Yes, yes,…you’ve probably heard the health hazards of barbecuing. Consuming barbecued meats could increase your risk of cancer. So does this mean that one of America’s favorite pastimes should go up in smoke? Not necessarily.
Life on the Home Planet
Fiery exoplanet may see a trillion lightning flashes in an hour (New Scientist)
It’s the first interplanetary lightning forecast. Using observations of storms in the solar system, a team of astronomers led by Gabriella Hodosán at the University of St Andrews, UK, has extrapolated to predict lightning on several exoplanets.
