Some Like It Hot

(1) Chinese exports fall more in dollars than in yuan. (2) Is China coming out of deflationary trap? (3) Pressing harder on the accelerator than the brakes. (4) Yellen’s new mantra: “Hysteresis.” (5) Yet another reason why the doves might duck a rate hike. (6) Goldilocks isn’t hot enough. (7) Federal tax receipts have stopped growing. (8) Is the Treasury cooking the books? (9) Federal deficit much wider based on change in debt. (10) Central banks are monetizing lots of US debt. (11) Call a forensic accountant. (12) “The Accountant” (+).