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    MARKET EDGES

    Identify global risks and opportunities with essential macro intel using Hedgeye’s Market Edges.

Takeaway: A quick look at some stories on our radar screen.

Keith McCullough – CEO

Dollar hits three-week high (via Reuters)

U.K. Mortgage Approvals Rise to Highest Since March 2008 (via Bloomberg)

Japan seeks biggest defense budget rise in 22 years (via Reuters)

Age-Related Forgetfulness Tied to Diminished Brain Protein (via Bloomberg)

Morning Reads on Our Radar Screen - usd1

Todd Jordan – Gaming

Naming and shaming: Macau website targets deadbeat gamblers (via Reuters)

  

Jonathan Casteleyn – Financials

Treasuries Head for Fourth Monthly Loss Amid Fed Taper Prospects (JC note: The only way to stop the continued losses in the Treasury market is to close the market for Labor Day … via Bloomberg)

Josh Steiner – Financials

Bank of America lays off 1,000 in Beachwood; bank closes 3 mortgage offices in Ohio (via Cleveland.com)

New York to Seattle Buyers Tap Brakes After Rates Rise (via Bloomberg)

Howard Penney – Restaurants

Potbelly files for $75 million IPO (via NRN)

Chipotle Mexican Grill names Kimbal Musk to board (via Sacramento Bee)

Taylor Farms, Big Food Supplier, Grapples With Frequent Recalls (via NYT)