Europe

The Bank of Japan is finally acknowledging something that Federal Reserve policy makers like San Francisco Fed President John Williams acknowledged months ago, when he published a paper highlighting the growing disconnect between the tightening labor market and consumer prices. As Credit Suisse strategist Burkhard Varnholt explained two months ago, the growing heft of e-commerce companies like Amazon represents a new disinflationary paradigm, weighing on the costs of consumer goods.

Bulletin headline summary from RanSquawk

Authored by Peter Korzun via The Strategic Culture Foundation,

Earlier this month, Tesla CEO Elon Musk unveiled the firs production model o the Tesla Model 3,  the company’s first sedan marketed toward  broader cohort of working Americans who had presumably balked at the price tag of the company’s older model. Musk sees a truly “mass market” car as insurance against the types of sales declines that briefly sent the company’s shares into bear-market territory about a week and a half ago.

Authored by Brendan Brown via The Mises Institute,