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Takeaway: A quick look at stories on Hedgeye's radar screen.

Keith McCullough – CEO

China’s Richest Man Sees Economic Growth Slowing in Second Half (via Bloomberg)

China June Home Prices Rise as Big Cities Post Record Gains (via Bloomberg)

Russian Court Convicts Opposition Leader (via New York Times)

Greek MPs back public sector cuts amid protests (via BBC)                                                                    

U.K. Retail Sales Increase as Discounts Spur Consumer Demand (via Bloomberg)

Morning Reads on Our Radar Screen - china

Josh Steiner & Jonathan Casteleyn – Financials

Jobless claims fall sharply in positive sign for hiring (via Reuters)

Morgan Stanley Tops Analysts’ Estimates on Trading Revenue (via Bloomberg)

Howard Penney – Restaurants

McDonalds' Minimum Wage Gaffe (via YouTube)

Jay Van Sciver – Industrials

Jim Chanos: Caterpillar is doomed (via CNN)

Matt Hedrick – Macro

Italy: A new (and unexpected) ally on EU reform for David Cameron? (via Open Europe Blog)

Tom Tobin – Healthcare

Reducing health care costs easier said than done (via Albuquerque Business First)

Mount Sinai merges with owner of Beth Israel, St. Luke's creating one of the nation's largest not-for-profit health systems (via NY Daily News)