Global Macro / Markets / Investment:
- Revisiting Warren Buffett’s “secret” 31 years later, Graham/Doddsville still works: BI (um yes. and a little no – Buffett is a macro trader, not just a “buyer of businesses”. Berkshire Hathaway is a thinly disguised multi-billion hedge fund. You can’t replicate his success by just “buying stocks when cheap”)
- A little more inflation would be good for everyone, according to central banks: Bloomberg (oh really?)
- The commodities party is officially over: BI (we might be a bottom, but theres no new rally coming)
- The political consequences of financial crisis: Project Syndicate (great read)
- How the energy market could change in 2016: Bloomberg Video
Americas:
- This is not an “ordinary” recovery in the US economy, its slow, dis-inflationary and without wage growth. Why? The Economist
- Tornado season in the US turns deadly across Texas: NY Times
- More than 100,000 flee floods in Southern America due to El Nino pattern: Guardian
Europe:
- Gonorrhea could become “untreatable” says chief medic – Guardian (I thought this said Trump for a second)
- Experiment in Germany tests the “Emancipatory basic income” – LATimes (a scheme whose time has definitely come!)
- Trust in the European Union is waning, not waxing, as we await the “Four Presidents” report: Bruegel
- Muslims seek delicate balance in secular Europe: LATimes
Asia/Middle East:
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- China Telecom head detained by regulator over graft charges – WSJ
- Measured fall in Yuan value “required” going into 2016 due to US Fed – SCMP
- Saudis say they intercept “ballistic” missile from Yemen: Stripes.com
- Owner of collapsed mine drowns in rescue effort: WSJ
- Fear of slowing economic growth spreads to Pearl Delta region in China: IBTimes
Local:
- Healthy forecast for regional property: Domainfax (what? prices going down? thats a healthy market where there’s a fucktonne of land out there….oh wait)
- Nathan Tinkler buys shuttered coal mine in NSW: The Smage (I think Mr Tinkler is not thinking here)
- Avoid shares – buy property! Says property billionaire. In a property “newspaper”: DomainFax (insert Nicholas Cage saying “you don’t say”. Funny thing is, he’s right – why would you buy shares and take on risk of investing when you can just speculate in a bricks and mortar at almost zero risk?)
- Maurice Newman still peddling nonsense at The Oz’n’Chips: its all a conspiracy man! Black helicopters next?
- Top news at “nation’s no.1 broadsheet” – its risky guarding an embassy in Iraq (no shit Sherlock) and Labour is in trouble in Victoria – and those pesky unions are doing something something scary. Well done Mr Murdoch. Well done. My chooks can produce better copy than this rubbish….
- AFR goes to sleep over the Christmas break, its lists and roundups etc etc. Fair enough.
Other:
- Tesla autopilot test in Straya – Gizmag (desperately need this to replace the sub standard driving in this country)
- The first real hoverboard? Gizmag
- The 20 best TV shows of 2015 – Quartz (would be nice to have time to watch just one of these!)
- The economics of Uber – Bruegel (Very interesting disruption economics!)
- Some awesome drone photos from around the world – Quartz (been to a few of these, spectacular!)