Advertisement
Stuff Reynard the Fox found interesting today. If your in QLD or NT then enjoy your long weekend.
Global macro:
- Norway dumps all its Irish bonds IrishTimes, Portuguese as well.
- How’s financial reform coming along ? Felix Salmon
- Economics is a soap opera FTAlphaville. I’m not sure technology is the real issue with economic models, the biggest problems I see is that many economists simply haven’t moved on from the gold standard and fixed exchange rates and simply don’t understand the inner workings of today’s monetary systems.
- Oil below $US100/barrel USA Today
Advertisement
United States:
- NFP 115K, unemployment rate 8.1% CalculatedRisk , check out that participation rate. More charts here. H&H right again!
- Some discussion of the data CalculatedRisk
- US Labor force participation rate since 1950 Reuters
- “Not in Labour force” now officially off the charts ZH
- US govt is getting smaller NYT
- Productivity slowdown to linger WSJ
- Hawk to Dove, trio of Fed officials say no more milkie wilkies Reuters Or maybe H&H is wrong!
- BofA sees $5 billion collateral need in credit downgrade bloomberg
- US stresses concessions from China NYT
- Independent inflation gauges – still no inflation here Pragcap
- US chose better path to recovery NYT
Europe:
Advertisement
- Eurozone composite PMI stank Markit
- French PMI stank more Markit . Charted next to GDP Reuters
- So did Italy’s and Spain’s. Germany treads water. More charts here
- Residential mortgages the next big problem for the Spanish economy El Confidencial
- Sarkozy’s chances fade two days before the French runoff Reuters , Bloomberg
- Hollande Hysteria Krugman
- Central Europe walks austerity tightrope Reuters
- Super Sunday poses multiple threats to Merkel Spiegel
- Whoever wins, Greece will leave the euro Linkiesta via Translate
- A gradual deterioration in the collateral backing multi-cedulas FTAlphaville
- Germany’s zero bound MacroScope
Asia:
- Chinese papers launch a propaganda war against dissident Telegraph UK
- US expects him to leave China soon BBC
- China’s urbanisation rate to further boom China Daily
- Anxious Japan prepares for life without nuclear power Guardian UK
- Vietnam to cut taxes, cap loan rates to bolster economy Bloomberg
- Indonesia says mining curbs won’t harm trade with China China Daily
Local:
- Reserve paves way for more rate cuts Peter Martin
- Megabank jostles to raise home loan margins BusinessDay
- RBA warns on rising costs AFR
- Pacific foreign aid in doubt as budget looms ABC
- Hundreds feel the axe as diabolical job outlooks get worse Herald Sun
- Childcare costs put off plans for more Locked Cupboard
- Brisbane mayor warns of carbon tax rate hike ABC
- Billionaire’s winter of discontent BusinessDay
- RBA hurt by lack of funds BusinessDay
- Qantas ups the ante on Virgin AFR
- AFR email selection distorted picture to show News ‘piracy scam’ Locked Cupboard. I love a good media stoush
Other/Interesting:
- The ins and outs of Russia’s next government Reuters
- Binge drinking hits Australia hard Al Jazeera
- Mitt Romney’s Neocon war cabinet The Nation
- 5 scientific explanations for Game of thrones messed up seasons io9
- Loeb accuses Yahoo of resume padding DealBook
- Sexism in IPO evaluations WSJ, report here
Advertisement
Advertisement