Economic Update - Advanced Economies

Housing Markets in Europe

An interesting piece:

http://www.telegraph.co.uk/business/2016/08/28/the-other-housing-crises-its-not-just-the-uk-that-isnt-building/

Brexit and the UK Immigration debate

The Economist notes:

http://www.economist.com/news/britain/21705870-hopes-cost-free-cut-european-union-migration-are-illusory-raising-drawbridge

“HOSTILITY to immigration was a key driver of Britons’ vote on June 23rd to leave the EU. Theresa May has duly said that freedom of movement from the EU cannot continue as before. Yet curbing migration will be both tricky and costly.”

Japan - Still Flirting with Deflation

http://www.bbc.com/news/business-37192640

http://www.reuters.com/article/us-japan-economy-troubles-idUSKCN10Z2XG

US GDP Update: 2016 Q2 Second Estimate

http://blogs.wsj.com/briefly/2016/08/26/what-changed-in-second-quarter-u-s-gdp-at-a-glance/

Great Recession Legacy
http://www.cbpp.org/research/economy/chart-book-the-legacy-of-the-great-recession