The Wall Street Journal suggests there are some unintended consequences of negative rates: "Policy makers in Europe and Japan have turned to negative
Are markets efficient?
A dialogue with Eugene Fama and Richard Thaler: http://review.chicagobooth.edu/economics/2016/video/are-markets-efficient
Rare summer net storage draw, natural gas… Today in Energy
From the EIA's excellent "Today in Energy: "Working natural gas storage inventories posted a rare summer net withdrawal of 6 billion cubic feet (Bcf)
Employment comments….
Here is the bottom line from CalculatedRisk (for more, including many charts, visit the site here: http://www.calculatedriskblog.com): "The headline
Q3 GDP estimated +3.7%! … GDPNow, Atlanta Fed
The early estimate for Q3 GDP growth put out by the Atlanta Fed's GDPNow model is at +3.7% and will be updated after tomorrow's jobs report: "GDP
U.S. Frackers Surprise Themselves… Reuters
Tech improvements are helping producers add barrels, from Reuters: "The pace of innovation is increasing. Pioneer Natural Resources said it was