May 11th links: Greeks with gifts

Stuff Reynard the Fox found interesting today.

Global macro:

BIS and the OTC market. Alphaville

United States:

DOL goes sideways. Calculated Risk
US trade deficit increases. Calculated Risk
Bloomie Consumer Comfort falls again. Bloomie
It’s student loans, stupid. Sober Look

Europe:

Poll shows anti-bailout coalition surging. Zero Hedge
Syriza letter to Europe. Zero Hedge
Greek bluff and counter bluff. Alphaville
Greek unemployment surges. Reuters
Hopeful signs fro Europe? Tim Duy

Asia:

China’s Pulitzer Prize. Chovanec

Local:

Abbott promises $50 billion in cuts. SMH In what universe can this possibly be an election pitch?
Kroger vs Costello. The Oz
More noise than news. Alan Mitchell
Vendor’s unrealistic. AFR

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.