Links July 11: China deflation

David Llewellyn-Smith

Tuesday 10 July 2012

Global Macro:

The negative fear bubble. Alphaville

United States:

America’s broken jobs engine. Yves Smith
Consumer credit jumps. Econompic
Bernanke Put strike. Zero Hedge Or, more pain before QE3…
Why the US recovery is weak. FT
Careful with the HP filter. Tim Duy

Europe:

The Eurogroup provides realty check. Re-Define
Spain’s banks to be broken up. Reuters

Asia

China’s deflationary shock. Ambrose Evans-Pritchard
More slowdown news in China. Alphaville

Local:

Investors losing faith in ratings. SMH
Rich get richer. Tim Colebatch
East Africa explodes with gas. The Oz
Boom wasted. The Oz
Prosperity before politics. The Oz
The great straddle may prevent currency tie-up with China. 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.