Wednesday Morning Links
MUST READS
‘Markets are falling apart,’ says Jeff Gundlach – CNBC
Junk bonds’ warning signs flashing red for global economy – Telegraph
Bitcoin creator ‘is 44-year-old Australian’, claims Wired – BBC
Bitcoin’s Creator Is Probably This Unknown Australian Genius – Wired
Australian police raid Sydney home of reported bitcoin creator – Reuters
Bitcoin price surges after Craig Wright exposed as creator Satoshi Nakamoto – City A.M.
What Hillary Clinton Didn’t Tell You in Her New York Times OpEd – Wall Street on Parade
The first financial world war has begun, over oil. Bet on the Saudis to win. – Fabius Maximus
Oil: WWJD–What would JD Rockefeller have Done? – Marc to Market
Here’s Why the Republican Party Is Terrified of Trump – Fiscal Times
The Polls May Be Underestimating Trump’s Support – The Atlantic
First They Came for the Muslims – Anti Media
Millennials – Bloomberg
MARKETS/INVESTING
U.S. stocks on track for third down day in a row – MarketWatch
If It Owns a Well or a Mine, It’s Probably in Trouble – NY Times
Kinder Morgan Cuts Dividend by 74 Percent to Conserve Cash – Bloomberg
Collapse Of U.S. Shale Oil Production Has Begun – SRSrocco Report
A Strong Dollar Hurts China More Than the U.S. – Bloomberg
Private Equity Fees Are Sky-High, Yes, but Look at Those Returns – NY Times
Even cheaper oil would do a world of good for everyone – MarketWatch
Gold gains but investors cautious on looming U.S. rate rise – Reuters
Chinese commodity demand: Crisis. What crisis? – Mining.com
ECONOMY/WORLD/HOUSING/BANKING
Factors in long-term unemployment – Econbrowser
Why The Plunge In Manufacturing ISM Matters – Zero Hedge
Demographic Trends for the 50-and-Older Work Force – Advisor Perspectives
Sticking Points for a Global Climate Deal – Caixin Online
Studying in the US makes the Chinese more appreciative of China – Quartz
Masks, Purifiers and Condoms: Online Sales Spike as China’s Smog Thickens – WSJ
Denver housing market enters danger zone, economists say – Denver Post
ECB’s Nowotny Criticizes Market’s `Absurd’ Stimulus Expectations – Bloomberg
Strange Cases for Fed Rate Hikes: The Poor Savers Story – CEPR
Larry Summers and two groups unite against the Fed’s Yellen – MarketWatch