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Global Macro:
- Oil surplus looms. Alphaville
United States:
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- April US house prices up. Calculated Risk
- And the NAR says boom is back. Calculated Risk Are worldwide realty folk descended from one single spruiker ape?
- Profits hit all time high, wages all time low. BI
- Chemical Index howling triple dip. Zero Hedge
Europe:
- Greece is finished. Naked Capitalism
- Monti says Eurobonds or I resign. Or does he? Zero Hedge
- Bunds are no short. George Magnus
- No salvation in summits. MartinWolf
- Crisis threatens way of life. Speigel
- Van Rompuy winds back integration plan. FT
- Norway housing bust. Alphaville
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Local:
- Carbon tax harmless. Gittins
- Rinehart must follow charter. The Australian
- We need nuclear energy, says nuclear energy. AFR Nice one, AFR!
- Structural adjustment we have to make. Warwick McKibbin
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.