Weekend Links 25th-26th October 2014

Global Macro / Markets:

• Ten insane things people on Wall Street believe.  – The reformed broker
• Shanghai exchange ready for options rollout – FT
• Losses Jump at Amazon, as Investments Pile Up – NYT

Americas:

• New Home Sales increased slightly to 467,000 Annual Rate in September – CalculatedRisk
• Weekly initial unemployment claims are sitting at expansion lows.  – CalculatedRisk
• Fed’s $4 Trillion Holdings Keep Boosting Growth Beyond End of QE – Bloomberg
• Thirty-one banks prepare for Fed tests – FT

Europe:

• Europe’s economic and political future will be determined in the next few days – Reuters
• ECB Set to Fail 25 Banks in Review, Draft Document Shows – Bloomberg , View
• For some European banks, Monday can’t come soon enough – Alphaville
• Europe’s Energy Supplies Are Anything But Secure -American Interest
• Wake Up, Europe – George Soros
• ECB Tries for Third Time Lucky in European Stress Tests – Bloomberg
• France, Italy Take Austerity Fight to Brussels – WSJ
• Why Madrid’s poor fear Goldman Sachs and Blackstone – Reuters
• It is time for the ECB to purchase EIB bonds – Yanis Varoufakis
• Mario Draghi’s German problem – Reuters
• EU tells Britain to pay extra €2.1bn – FT
• Germany gets €780m EU rebate for poor growth – thelocal.de
• Putin accuses United States of damaging world order – Reuters
• Two minutes Hate – Emanuel Goldestein in Eastern Ukraine – NEO

Asia:

•  China’s Rising Wages and the ‘Made in USA’ Revival – Business Week
• No new offers on table for talks, and no end in sight to protests – SCMP
• Yellow alert issued for Beijing as smog forecast to blanket capital until weekend – SCMP
• Japan’s economy floundering, BOJ to widely miss inflation goal: poll – Reuters
• South Korea economy grows 0.9% – AFP
• North Korea Enlists the Help of Cuba and China in Shielding Kim Jong Un From ICC – FP
• Chinese home prices fall for fifth month in September, year’s gains lost – Reuters
• China, Asian nations sign on for $57bn global bank – TheOz

Local:

• Malcolm Turnbull’s star rises as Tony Abbott revels in ministers’ jockeying – SMH
• Call on CommBank Royal Commission disappointing and shallow – Adele Ferguson
• ‘No let up’ in Qantas cost cutting – Business Day
• ATO uses PayPal data to catch cheats – AFR
• Analyst pulls no punches on ‘laughable’ Medibank float – AFR
• Australians confess to stashing $1b in assets offshore – BusinessDay

Other:

• Security tight in Canada as police probe Parliament gunman’s ties – Reuters
  
• Free shipping isn’t free. – WSJ, Fortune
• Isis sells smuggled oil to Turkey and Iraqi Kurds, says US Treasury – FT
• The Laborers Who Keep Dick Pics and Beheadings Out of Your Facebook Feed – Wired
• EU strikes compromise to set new climate target – Reuters
• Whatever happened to the pintupi nine ? – TheOz