Financial Markets and Economy
Bond World Sees Live September for Fed, But It's September 17 (Bloomberg)
Forget September, or even December. Bond traders are betting the Federal Reserve won’t be able to pull off another interest-rate increase until September next year.
This aging bull market can grind out more all-time highs (Market Watch)
This bull market may be long in the tooth, but stocks could still nudge higher next week if earnings continue to surprise on the upside and data reinforce the perception that the U.S. economic recovery remains intact.
Wall Street's big investors are piling into tourism (Business Insider)
Rainmakers are betting on tourists to bring in some serious profits.
Helicopter money talk takes flight as Bank of Japan runs out of runway (Reuters)
The Bank of Japan's review of its monetary stimulus program promised for September has revived expectations it could adopt some form of "helicopter money", printing money for government spending to spur inflation.
It's time to get worried about the US economy — according to the people who know best (Business Insider)
UPS was just the icing on the cake.
Capping off a week of gloomy commentary from American companies, the package delivery giant — which arguably has a unique view into the global economy — said it too sees "head winds" in the second-half of the year.
China's Yuppies Welcome Loosening of Pickup Ban (Bloomberg)
China’s aspiring urban cowboys are finally getting their moment.
Driverless Cars Threaten to Crash Insurers’ Earnings (Wall Street Journal)
The insurance industry has a $160 billion blind spot: the driverless car.
Americans’ Financial Capability Growing Stronger, but Not for All Groups (Finra)
While Americans as a whole are feeling less financial stress, making ends meet remains a daily struggle for millions — particularly women, millennials, African-Americans, Hispanics, and those lacking a high school education. These findings come from the National Financial Capability Study, released today by the FINRA Investor Education Foundation.
How to Evaluate and Improve Yourself as a Trader (Trader Feed)
Physicians are taught that diagnosis precedes treatment: you have to identify and understand a problem before you prescribe medications or initiate procedures. Many symptoms can have multiple underlying causes.
Politics
A Republican intellectual explains why the Republican Party is going to die (Vox)
Avik Roy is a Republican’s Republican. A health care wonk and editor at Forbes, he has worked for three Republican presidential hopefuls — Mitt Romney, Rick Perry, and Marco Rubio. Much of his adult life has been dedicated to advancing the Republican Party and conservative ideals.
Technology
Humans once opposed coffee and refrigeration. Here’s why we often hate new stuff. (The Washington Post)
Humans have a habit of stalling their own progress. From coffee to mechanical refrigeration to genetically altered food, history is littered with innovations that sparked resistance before becoming fixtures in everyday life.
Health and Life Sciences
Do you get enough vitamin D with sunscreen on? (Quartz)
If the worst part about summer was sunburns, there wouldn’t be much to worry about.
Too much sun, however, increases the chances of getting skin cancer. These risks can be cut by staying indoors, covering up, or wearing sunscreen. But, recently, experts’ suggestions run counter to this idea. They say too little sunshine can pose health risks, too.
The New Allergy Shot (Scientific American)
The first signs of itchy eyes or a runny nose can send allergy sufferers running to the drugstore for over-the-counter relief. Yet these medicines only alleviate allergy symptoms and do nothing to address the root cause: our immune system' overreaction to harmless substances. The sole cure is a series of injections that desensitize the body with small doses of allergens over months or years. But many patients avoid these shots because of possible severe side effects—including anaphylaxis.
Life on the Home Planet
Austin Shooting Kills One, Leaves Three Hospitalized (Wall Street Journal)
Officials said a shooting in downtown Austin left one person dead and three others hospitalized.
Capt. Rick Rutledge of the Austin-Travis County Emergency Medical Services said that one woman died and two women and a man were injured following a shooting in the city’s entertainment district.
Hurricane Drought Hits a New Record (Scientific American)
Saturday was a quiet day across the Gulf of Mexico, but not one without note, because a strange record was set: It has been 1,048 days since a hurricane developed in or entered the Gulf. That is the longest streak in the past 130 years, since formal record-keeping began in 1886.
