US Economic Update

GDP revisions:

http://www.nytimes.com/2014/09/27/upshot/gdp-report-emphasizes-the-problem-of-conflicting-economic-signals.html

Distribution of the gains from the recovery:

http://www.nytimes.com/2014/09/27/upshot/the-benefits-of-economic-expansions-are-increasingly-going-to-the-richest-americans.html

Laura Tyson on productivity, real wages and growth

http://www.project-syndicate.org/print/laura-tyson-worries-that-america-s-failure-to-share-growth-widely-threatens-its-long-term-prosperity

US Bond Market Update -

Changing of the guard at PIMCO as Bill Gross departs:

http://www.bloomberg.com/news/2014-09-26/pimco-could-see-withdrawals-up-to-30-as-managers-stunned.html