Here is some things Reynard found interesting today.
Global Macro:
- Cullen Roche on Risk Managed Optimism – Prag Cap. What he said!
- Global Perfect Storm. Nouriel Roubini in Project Syndicate
- But Central Banks stand ready to try to help out on Monday – Reuters. After that we can get back to worrying and wondering about Spain and Italy oh and France now too – see Merkel’s comments below.
- Echos of the 30’s? Trade protectionism rises – WSJ Real Time Economics Blog
- DE reckons we need a weekend caption competition for this – some decorum though please 🙂
United States:
- US Data is slipping and the recovery is shaky – Reuters and WSJ MarketWatch and Bloomberg
- How much good will QE3 do anyway – WSJ MarketBeat
Europe:
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- Sober Look on the widening German CDS spread – reflects the markets growing expectation Germany will backstop everyone which is still far from certain.
- Deceptive Accounting in Spanish – Bloomberg. But Europe just stood by anyway – Bloomberg again.
- MMMM, I didn’t realise this. Ordinary Spainiards holds lots of Bank Debt making it hard to impose haircuts, politically at least – Reuters
- Ratings cuts. Dutch Banks (BBC), France (DW)
- Draghi does it again. It’s up to the politicians – AP via Yahoo!Finance
- Hollande reshapes Europe’s political discourse – Bloomberg
- But Ange is a bit grumpy and slams the French economy – UK Telegraph
- The UK is really suffering at the moment economically – Reuters and Reuters
- A return to Victorian inequality – The Guardian
- Could a big Bull Market in Europe be just around the corner? – Prag Cap
Asia:
- Hong Kong Exchange buys the LME – FT
- Egypt is not Asia but the twist this week that has seen the military back in charge has the potential to erupt Tahir square all over again – FT
Local:
- What is it with the Fashion to bash the RBA that is creeping into the MSM from the lunatic periphery justifying why they were wrong and are wrong – Ian Verrender gives the debate oxygen
- Gina ups her stake in Fairfax to 18% – The Oz
- Paul Kelly says its time for the political class to wake up to Asia – The Oz
- Australia should be feeding Asia – SMH
Interesting/Other stuff:
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- My Daughter keeps dancing round the house singing “Call Me Maybe” – here is the CORGI Rae Jepsen version 🙂
- I live near Williamtown Air Base in NSW so we see the F18’s all the time but here are some cool photos of breaking the sound barrier – Business Insider
- Voyager reaches the edge of the Solar System – Reuters