While Balance Sheet Growth Remained Decent,ROTEs Have Settled into a New 11-12% Range Weekly Fund Flows: Sept 15 - Sept 21: Money Market Outflows Continue Capesize freight rates continue to rise; continued capacity discipline & demand recovery is key "No Ease(y) Way Out": Valuation Deep Dive Shows Fed's Low Rates Trump Growth...For Now Glorious Success in International Arena Addressing Key Investor Concerns Central Bank Risk Deferred, Systematic Selling Abates, Fundamentals Turning Expensive 4 club: 3 of the 4 associated with net foreign selling so far in September Off CL awaiting better visibility on all-glass iPhone; still Buy The Hateful Eight: 8 charts on EM FX