Wednesday 19th

7 Important Examples of How Markets Can Fail

{http://www.thefiscaltimes.com/Columns/2013/06/18/7-Important-Examples-of-How-Markets-Can-Fail.aspx#page1}

&

Markets Are Not Magic, related

{http://economistsview.typepad.com/economistsview/2007/02/markets_are_not.html}

The entire US monetary policy debate in two tweets

{http://www.thereformedbroker.com/2013/06/18/hot-links-save-the-rally/}

China Banking Stress May Come Faster on Cash Crunch, Fitch Says

{http://www.bloomberg.com/news/2013-06-18/china-banking-stress-may-come-faster-on-cash-crunch-fitch-says.html}

Oh dear
http://www.telegraph.co.uk/news/picturegalleries/10128482/Day-One-at-Royal-Ascot-2013.html?frame=2593728