1. US personal income and expenditures data showing additional evidence of possible recovery further were commented in another post.
2. Stanley Fisher, the vice president of US Fed, announced possible the end of disinflation and the possibility to continuing economic recovery in Jackson Hole Meeting.
So, the yield curve in US flattened as short-end rates soared. Futures' yield implied 38% as possibility of rate hike by 25bp in September's meeting.
Re-turnaround to flattening as expected last week?!
3. In Malaysia, thousands attended anti-government rally protesting against Prime Minister Najib Razak's management of the economy and debt problems at a state fund.
4. Slowdown from Chinese worries create next victims, the chip makers due to possible decreasing demand for handsets. In Korea, there are Samsung Electronics and SK Hynix...
5. 'Black Swan' fund earned $ 1 billion, last week via WSJ
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