Links 20 June 2013

Global Macro/Markets:

• Harvard’s Grumpy Ferguson Says World Is Going to Hell – Bloomberg
• RON PAUL: Gold Could Go ‘To Infinity’ – CNBC
• Roubini: No Stock Bubble, but ‘Huge’ Crash Could Come Later – CNBC

North America:

• Inflation at 53-Year Low Gives Bernanke Time to Press on With QE – Bloomberg
• There’s A Fundamental Flaw In The Message The Fed Is Trying To Send – Business Insider
• US Job Market Gains Could Lead Fed to Taper QE3 Early – CNBC
• Residential construction recovery has a long way to go – Sober Look

Europe:

• Banking Commission publishes report on changing banking for good – parliament.uk
• Banking Commission: Bankers should face threat of jail and loss of bonuses – The Telegraph
• King Eyes Parting Shot at Bankers Gearing Up for Carney – Bloomberg
• IMF gives Spain a thumbs up, warns of risks – Reuters
• Housing deposits require more than a decade’s savings for UK first-time buyers – The Guardian

Asia:

• China cash crunch deepens as PBOC withholds funding – Financial Times
• Japan’s export value rises at fastest pace in three years – Financial Times
• Inside business: Hong Kong fears cooling of hot money flows – Financial Times
• China shares test fresh 6-mth lows on dashed easing hopes, Hong Kong sinks – Reuters

Local:

• Nomura dismantles local equities operation – The AFR
• Jobs go as BHP & RIO shed jobs – The AFR