21 July 2015



Today’s Issue Cluster: Shipping

Fed – Most Economists Expect Rate Hike in September
US – Asians start to dominate the ‘fourth wave’ of immigrants
Pharma – Industry Thinks It Finally Has a Fix for Migraines


MAJOR DATA POINTS



MARKETS



ECONOMICS

US – Cheap Oil Should Fuel Economy at Last WSJ *

US – Inflation Is Low, but Consumers Still Feel a Pinch WSJ *

US – Distressed Communities Index / eig *


POLITICS & FISCAL POLICY

US – Inflation’s Steady Tick Poses Headaches in Congress WSJ *

US – End to Taxation of Overseas Profit Finds Bipartisan Support NYT

US – Clinton to Push Revamp of Capital-Gains Tax Rates WSJ / AP *

US – Clinton economic plan: The kitchen sink e *


MONETARY POLICY

Fed – Most Economists Expect Rate Hike in September wsj *


FINANCE

US – Fed calls for $200b of extra capital buffers WSJ / FT / R / NYT / AP *

US – Banks prepare for lending revival FT *


REAL ESTATE

US – Bidding Wars Return to Home Market WSJ *

US – Rising Rents Won’t Inflate Fear at Fed WSJ *

US – Increase in Apartment Construction Isn’t All Good News B / WSJ *

US – Commercial property hotspot draws Fed attention FT * * *

US – Reis: Mall Vacancy Rate unchanged in Q2 cr *


LABOR & EDUCATION

US – Some Republican hopefuls want curbs on legal immigration R *

US – Asians start to dominate the ‘fourth wave’ of immigrants N * * *

US – Landing on their feet, and in the boardroom N * *

US – Building Afromerica: America’s fastest-growing migrant group E *


SERVICES



MANUFACTURING



TECH

Silicon Valley – Growth-Starved Investors Bid Up Shares WSJ *

Silicon Valley – How to short ‘unicorns’ FT *


TRADE & TRANSPORTATION

Ship – LA Port Traffic Shows Weakness in June cr *

Ship – West Coast Ports’ Import Share Falls in Wake of Slowdown WSJ

Ship – Chinese Imports Bypassing West Coast Ports WSJ

Ship – Savannah makes waves as it lures shipping FT

Ship – US Leather Industry Takes a Beating From West Coast Delays WSJ

Ship – Crude supertanker operators cash in on oil market rout FT * *

Ship – Greek maritime industry fears being punished for its success FT *

Ship – Russia Makes Bid for Arctic Lane Even as Oil Prices Slip MT

Ship – Sri Lanka becoming global distribution hub N * *


COMMODITIES



ENERGY & ENVIRONMENT



HEALTH

Pharma – Fresh hope of a treatment for Alzheimer’s FT * * *

Pharma – Alzheimer’s Drug Is a Big Bet for Lilly WSJ / WSJ *

Pharma – Recovery Runs Low on Interest WSJ *

Pharma – Industry Thinks It Finally Has a Fix for Migraines B *


ENDNOTE

200 Years of US Immigration bm *


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