Apparently, simple yachts are not luxury goods.   John Taglibue of the New York Times on Tuesday:  “Today a mega yacht is indispensable” said Olivier Milliex, head of yacht finance at the Dutch ban…

That's a headline you won't see in the financial or popular press.  The basic narrative is already established:  France won't change, and as a result, will lag behind the more flexible "Anglo-Saxon" …

That was yesterday’s headline.   Or, given the time differences, perhaps the headline from two days ago. Chinese second quarter growth picked up to 11% plus.  The only real surprise here was that the…