Global Macro / Markets / Investing:
- The stock market’s very merry 200-year history – Market Watch
- And 2014’s Worst Currency Was…Bitcoin – Bloomberg View
- The Inside Story of Mt. Gox, Bitcoin’s $460 Million Disaster – Wired
- Is the world becoming more equal? – glineq.blogspot.com
- Forget Inflation: Gold Is No Longer a Hedge Against Price Rises – Bloomberg
North America:
- Economy Grows Most Since ’03 on U.S. Consumer-Spending Gains – Bloomberg
- U.S. Economy Posts Strongest Growth in More Than a Decade – Wall Street Journal
- US Gross Domestic Product – bea.gov
- Exclusive – U.S. airlines confront cheap oil’s flip side: costly hedges – Reuters
- Fed Scores in Bid to Keep Cash From Trash – Wall Street Journal
Europe:
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- Kremlin orders exporters to sell foreign reserves – Financial Times
- Combatting Eurozone deflation: QE for the people – VOX
- Russian Regulators Take Over Retail Bank as Depositors Take Fright – Wall Street Journal
Asia:
- Singapore Plans Driverless Vehicles – Technology Review
- China Offers Russia Help With Currency Swap Suggestion – Bloomberg
- Ruble Swap Shows China Challenging IMF as Emergency Lender – Bloomberg
- Inside Beijing’s airpocalypse – a city made ’almost uninhabitable’ by pollution – The Guardian
Local:
- Welfare blitz to fund NDIS – The Australian
- Tricky year ahead for Abbott – The Australian
- Budget woes dull festive cheer – The Australian
- Rudderless Labor faces wipeout – The Australian
- Anger as festive welfare axe falls – The Australian
- Basel risk weighting move creates waves – The Australian
- Iron ore plunges to five-year low – The Australian
- ‘Things look really bleak’ as iron ore sheds 1.6pc – The AFR
- Australia to lose out in $US259b LNG capex spend – The AFR
- Atlas Iron to take up to $900m of write-downs – The AFR
- Meriton rides Sydney housing surge with revenue up 50pc – The AFR
- Independent body slams Direct Action – Canberra Times
- $7b offshore LNG project looms for WA – Canberra Times
- Atlas announces $900m of write-downs – Canberra Times
- Victoria’s surpluses take $1 billion hit – The Age
- The big end of town is stunting jobs growth – Business Spectator
- Ministry changes to stifle any Bishop challenge – The Drum
Other:
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- Learning from disagreement: Evidence from forecasters – VOX
- Commie commie commie commie commie K-Keynesian – Noah Opinion
- A proof of the need for fiscal policy to escape the liquidity trap – Worthwhile Canadian Initiative