»» As equity markets continued to consolidate, there were notable moves beneath the surface. (page 2)
»» There are plenty of reasons to be long equities, but one indicator is sending a cautionary signal—margin debt. (page 2)
»» Global Roundup: Surprising results from Canada’s spectrum auction and why corporate bond issuance could increase meaningfully; Analysis of Italy’s leadership change; Why the Sinopec news is about far more than petrol retailing. (page 4)
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