7 July 2016



Today’s Issue Cluster: HigherEd



MAJOR DATA POINTS

Germany – May: Output Unexpectedly Drops; -1.3% from +0.5% / B

US – Jun: ADP Private Payrolls Rise; +172K from +168K / WSJ / R

US – Week: Jobless Claims Fell; -16k to 254k / WSJ / R / B


MARKETS

EMs – Focus on dollar amid Brexit turmoil FT *

EMs – Post-Brexit Bet WSJ *

EMs – Global Manufacturing PMI Stays Negative / t *


ECONOMICS

Russia – Savior From Oil’s Drop Is Now Snuffing Out Recovery B *

Russia – ‘Can Quadruple Its Domestic Debt’ B *

Russia – Resurrecting ties with Southeast Asia WSJ *

Russia – Merkel says Moscow damaging Europe’s security FT *


POLITICS & FISCAL POLICY

Italy – Bonds Brace For What Could be the Next Big Risk B *

Italy – Populist Politicians Take On Massive Debt Pile BW *

Italeave – Romes’s Turn to Get Worried B / bi * *

Italeave – Five Star now top party, wants referendum on euro FT / FT


MONETARY POLICY



FINANCE

Italy – Plan for Banks Could Roil Europe NYT / FT

World – Losses Near Half a Trillion Dollars WSJ *


REAL ESTATE



LABOR & EDUCATION

HigherEd – College-Educated Now Dominate the Labor Market wsj *

HigherEd – College Loan Glut Worries Policy Makers WSJ *

HigherEd – Student Debt to Set Another Record, But the Picture Isn’t All Bad wsj

HigherEd – Many Chinese Students Come to the US WSJ *

HigherEd – US Bounty of Foreign Students Thins WSJ *

HigherEd – Foreign Students Seen Cheating More Than Domestic Ones WSJ *

HigherEd – Two-thirds of UK students ‘will never pay off debt’ FT *


SERVICES



MANUFACTURING

Trucks – Orders Fall to Lowest Since 2010 WSJ *

RVs – Thor, Jayco Trailers, Winnebago Turnaround Keys IBD


TECH

Telecoms – Verizon to Raise Monthly Wireless Plans WSJ *

Telecoms – Altice’s Big US Cable Ambitions Begin With Austerity WSJ *


TRADE & TRANSPORTATION

Air – US Lines Dive Worst in Five Years B *

Air – LatAm lines losing a lot of money E *


COMMODITIES

Salmon – Toxic algae drive up insurance costs for Chile’s salmon farms FT * *

Salmon – Biggest Producer Wants to Farm Fish Inside Cargo Ship B *


ENERGY & ENVIRONMENT



HEALTH



ENDNOTE

2nd, 3rd, 4th most common language by US state reddit * * *


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