Growing, (too) Fast and (too) Slow

Also Interesting

• Downside risks loom even larger
• Asset Class Return Forecasts
• Why volatility could be worse

• Markets had a “grumpy August”. Bond yields rose in response to the US still growing too fast, while the confirmation of deflationary risks in China – and the lack of policy response – dampen investors’ animal spirits.
• Euro area softness extends beyond Germany.