Links 22 October 2013

Advertisement
ScreenHunter_01 Apr. 02 06.19

Global Macro / Markets:

North America:

  • Predatory Lending and the Subprime Crisis – NBER
  • Mortgage watchdog seeks $6bn from BofA – Financial Times
  • Existing-Home Sales Down in September but Prices Rise – Realtor.org

Europe:

Advertisement
  • Frexit fever reaches heart of French establishment – The Telegraph
  • Possible overvaluation of residential property in German citiesDeutsche Bundesbank
  • Draghi Challenges EU Bank-Aid Rules Over Forced Losses – Bloomberg
  • Greece’s 2012 deficit revised down, Ireland’s up: Eurostat – Reuters
  • Euro-zone growth is doomed to be anemic unless lending increases— Wall Street Journal
  • The curious case of Britain’s economic recovery – Wall Street Journal
  • UK economic growth hits fastest pace since 2010 – The Telegraph
  • The Man Who’ll Do Triage on Europe’s Banks – New York Times

Asia:

  • China shuts down city amid smog crisis – Aljazera
  • Yuan Gains for Sixth Day as Central Bank Sets Record Fixing – Bloomberg
  • China Inc. Battles Big Oil for Century’s Biggest Find – Bloomberg
  • China’s local governments have piled up a mountain of debt, worrying economists – Wall Street Journal
  • China’s wall of money – Business Spectator

Local:

  • It’s time for car makers to stand on their own two feet – The AFR
  • AIG’s Wilcox challenges Government at gas conference – The AFR
  • AIG’s call for gas subsidies shut down – The AFR
  • Inquiry into ASIC too little too late – The Age
  • Will Joe Hockey raid the RBA – The Age
  • Joyce pushes northern tax zones – The Australian
  • Morrison warnings on 457 abuse – The Australian
  • So many plans, so little action – The Australian
  • O’Farrell’s double barrel gas plan will backfire – Business Spectator

Other:

Advertisement
About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.