May 11th links: Greeks with gifts
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Stuff Reynard the Fox found interesting today.
Global macro:
- BIS and the OTC market. Alphaville
United States:
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- 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.
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