September 15 links: Feeling the effects

Greece 2 Year 5 Year 10 Year
Portugal 2 Year 5 Year 10 Year
Ireland 2 Year 5 Year 10 Year
Spain 2 Year 5 Year 10 Year
Italy 2 Year 5 Year 10 Year
Belgium 2 Year 5 Year 10 Year
France 2 Year 5 Year 10 Year
Germany 2 Year 5 Year 10 Year
  • Americans doubt Obama’s plan. Bloomberg
  • US household formation may have bottomed. Calculated Risk
  • US imports stall. Calculated Risk
  • US retail sales stall. Calculated Risk
  • US PPI falls. Zero Hedge
  • Death of the confidence fairy. Paul Krugman
  • Time to start calling a depression a depression. David Rosenberg I’ll say
  • Greece should default big. Bloomberg
  • Core supports Greece. Bloomberg
  • The trouble with a Greek default. Gavyn Davies Must read
  • Do equities falls presage recession? VOX
  • China willing to buy bonds from crisis nations Bloomberg
  • Gold at $10k. Alphaville This kind of prediction makes me doubt the gold bull..
  • Abbott carbon plan would double cost. SMH Yep, but it would be a hidden cost
  • IMF says RBA needn’t  raise. The Oz Thanks for that. But pressure now is on cuts
David Llewellyn-Smith
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    • Jason, it’s no secret that banks create money by a balance sheet entry, but that is a good historical link. Thanks.

      I don’t know Dylan Grice, but some of what he’s saying is correct, but $10,000 gold makes me think he’s had a few too many Red Bull’s. Gold will rise, and maybe a quarter of that figure over time if the financial risk off continues.