Here’s a list of things Reynard read overnight.
Global Macro/Markets:
- Moody’s plays the sucker card … again – Bill Mitchell
- Leveraged loan market on fire – Sober Look
- Austerity obstructs real economic reform - Financial Times
North America:
- Investors cash-in on land deals as US housing picks-up – Reuters
- Bernanke’s Stimulus Spurring U.S. Employment in Housing – Bloomberg
Europe:
- This downgrade is nonsense – FT Alphaville
- Mario Monti, Paul Krugman and Italian austerity – Financial Times
- The euro zone never followed its own rules in the past and will break them in the future – Quartz
- Euro zone at odds over bail-in of Cypriot depositors – Reuters
- The UK must spend, lend and change to drive upturn in the economy – The Telegraph
- Has Britain finally cornered itself? – barnejek.wordpress.com
- Italians set to reject austerity – The Australian
Asia:
- Kuroda! The BoJ’s goldilocks – FT Alphaville
- The Chinese PMI circus – FT Alphaville
- Chinese ‘Dubai’ turns into a deserted island – News.com.au
- China Quietly Invests Reserves in U.K. Properties – Wall Street Journal
- China & Japan a powder keg: US – The Australian
Local:
- “When did agent price quotes become a state secret?” – Property Observer
- Compulsory super enriches financial sector at the expense of low paid workers – The Australian
- Fortescue Metals’ Andrew Forrest tries to block mining on his farm – The SMH
- Glencore boss berates BHP, Rio CEOs for new mines – The SMH
- Pilbara coast on high alert – The Australian
- Pressure for rate cuts as banks lift profits – The Australian
- Bank profits rise on lending – The Age
- Big banks bask in funding nirvana – The AFR
- US shale gas boom won’t hurt LNG – The Australian
Other:
- Fascinating (but wonky) way to integrate various political philosophies and optimal tax theory – NBER
- Rebuilding trust in global banking – Bank of Canada
An interesting discussion of the current Central Banking stalemate and how Japan’s new govt might be the first to break ranks.
Possible but with China getting frisky over a couple of bird perches I doubt Japan will do anything that the US and Mr Benanke do not agree to.
http://www.globalresearch.ca/how-the-fed-could-fix-the-economy-and-why-it-hasnt/5324184
Why so many links (six!) to The Australian, a subscriber-only source?
Google the article name and click the google link and you can get around the wall
Yes, I know that fudge, but there really should not be so many links to paywalled Murdoch press here, surely?
RBA could cut cash rate to offset high AUD –
http://www.theaustralian.com.au/business/breaking-news/rba-could-cut-cash-rate-to-offset-high-a/story-e6frg90f-1226585629005
Thankyou. Oh yes, and what will this action do? *rolls eyes and shakes head*
Rud isn’t quite the saviour after all;
http://www.theaustralian.com.au/national-affairs/gains-from-a-switch-to-kevin-rudd-only-marginal/story-fn59niix-1226585477147
Newspoll. The whispers are getting louder in the hallways of Parliament House; Caucus is cactus when it comes to knowing what to do.
http://www.theaustralian.com.au/national-affairs/tony-abbott-leads-pm-as-labor-mired-at-31-newspoll/story-fn59niix-1226585484272
I wish we would have pollies who have backbone implementing good housing policies like this one in HK and Singapore who have learned their mistakes in the past and try to be better:
http://www.bloomberg.com/news/2013-02-25/singapore-to-raise-property-tax-rates-for-luxury-homeowners.html
‘Flounder’ has a oops moment…
http://www.abc.net.au/news/2013-02-26/hockey-backtracks-on-carbon-tax-compensation/4540706
Many more to come I expect…
Seems Uncle Rupert and the troublesome boy James are going to have to take the stand in London over the NOTW shame. I hope their memory is better than in the inquiry.
Perhaps this will help them remember the type of sordid empire Rupert built.
http://www.rollingstone.com/politics/news/rupert-murdochs-american-scandals-20110803?page=2
Wow thanks MB. Hadn’t seen that piece.
The scenario’s are frighteningly familiar.
Abbott has made a deal with the devil and the devil will collect.
Good eh. Here’s one on how Rupert works in Oz.
http://newmatilda.com/2013/02/26/slipper-trolled
A donation funded independent showing the MSM on how journalism should be done.
This is worth a read if you get a chance
http://www.smh.com.au/entertainment/books/on-the-run-with-murdochs-pirates-20121024-284th.html
*shock* A Mining Bogan reading New Matilda instead of Murdoch tabloid trash?
MB, may your tribe grow!
Mods. Tried twice to link a story from New Matilda.
They banned?