The estimable Ilya Kipnis at QuantStrat TradeR just published a very generous review of my recently published book on R — Quantitative Investment Portfolio Analytics In R: An Introduction To R For Modeling Portfolio Risk and Return. The kind words are all the more gratifying when you consider that Kipnis, an independent consultant, is an authority on R coding as it relates to investment and trading analytics, as his many blog posts over the years demonstrate.
Geopolitical risk is rising, but if there’s a price to pay in terms of sharply softer economic growth or worse for the US it’s not showing up in the numbers, at least not yet. With most of the July data published the macro profile remains upbeat and near-term projections suggest the positive trend will persist.
US Treasury Sec: Turkey faces more sanctions without pastor’s release: Bloomberg
China’s weak currency will be in focus in trade talks with US: CNBC
US Attorney General issues order to accelerate deportations: Reuters
China “training for strikes” on US targets, Pentagon report warns: BBC
Walmart reports best sales growth in a decade: CNN
Is US economic growth peaking? MarketWatch
US housing starts edged up in July but fell vs. year-earlier level: MW
Jobless claims fell last week, near post-recession low: WSJ
Philly Fed Mfg Index slumps in August to lowest level in 21 months: MW