Links 28 July 2012
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Global Macro:
- This is what got the markets charging overnight – Le Monde’s story on ECB buying bonds. It’s in french but if you use Chrome it will translate for you.
- And this late from Bloomberg saying Draghi has secured government backing and is now off to the Bundesbank
- Breaking up is hard to do – WSJ on breaking up companies
United States:
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- US Growth slowed as consumers cool spending – Bloomberg
- US recovery has been weaker than previously thought – Bloomberg
- Facebook got slammed in the last couple of days and Zuckerberg’s net wealth is down – CNN
- Mish in BI on birth rates and property recovery – here
- Bit of a theme here, Fortune on the birth rate in the economy
Europe:
- Draghi better deliver otherwise there is going to be a train wreck – Bloomberg
- ECB may take losses on second Greek restructuring – here
- I wonder how does Spain function with jobless at 24.6% and youth unemployment at 53% wow. UK Telegraph
- John Taylor saying the Euro crisis is far from over – BI
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Asia:
- China bank regulator to keep foot on property – Bloomberg
Local:
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- BHP warns on major projects – The Australian and Shell is warning of LNG project delays. Michael and Chris have preempted this and a way to profit from it in the next edition of Macro Investor out Monday
- Adele Ferguson on Coles and Woolies market dominance – SMH
- Warning bells on debt for Twiggy – The Age
- Malcolm Maiden on Draghi – The Age
- Gittins – Doomsayers are wrong.
- Verrender – the boom is enduring
- AFR says we are abandoning stockbrokers
- Vale says Iron Ore to stabilise in next two weeks – AFR
Other/Interesting:
- Blind archer gets first world record of the games – cool
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