Thanks for checking in with us for seven links (give or take) at 7AM Eastern. Good luck out there.
Global macro had a bad June on top of a tough May. (MarketBeat)
Are stocks overvalued, ala Shiller? (The Money Illustion)
Cash isn’t a hedge. A hedge is a hedge. (SurlyTrader)
Goldman says buy soybeans. (FT Alphaville)
Reversing the flow of a natural gas pipeline ain’t cheap. (WSJ)
How to play the debt ceiling debate. (A Dash of Insight)
Long live plastic. Cash is in decline. (NYTimes)