• It's Coming...

    MARKET EDGES

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

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

Keith McCullough – CEO

Obama 'could pause Syria attack plans' (via BBC)

WTI Falls a Second Day on Sign of Diplomatic End to Syria Crisis (via Bloomberg)

Dubai Index Rallies Most Since 2009 on Syria Strike Delay (via Bloomberg)

Japan Readies Stimulus to Cushion Blow of Sales-Tax Increase (via Bloomberg)

China Warns of Jail for Viral Posts Deemed Libel (via NYT)

 

Morning Reads on Our Radar Screen - ob5

Daryl Jones – Macro

Young analyst draws Wall Street ire taking on Kinder Morgan (via Reuters)

Josh Steiner – Financials

BofA Cuts Jobs as Mortgage Slump Traps JPMorgan, Wells Fargo (via Bloomberg)

Jonathan Casteleyn – Financials

France to Submit Syria Chemical Weapons Proposal to UN (JC note: If a settlement is negotiated over Syria...the markets should unwind that big 3% drop in the S&P 500 in August … via Bloomberg)

Brian McGough – Retail

Clog Maker Crocs Drops After Cutting Third-Quarter Forecast (BM note: Can $CROX do anything right? Just goes to show how a powerfully fading trend in a brand's core market can decimate its financials. via Bloomberg)

Howard Penney – Restaurants

Olive Garden Thinks Tapas Are Cool, Proves Tapas Are Not Cool (via Atlantic Wire)

McDonald’s Selling Steak for Breakfast in Menu Overhaul (via BBW)

Papa Murphy’s debuts new restaurant design (via NRN)