Global Macro:
- The stock market is going up – S&P puts as cheap as before the crisis started – @fedspeak
- Rotation in FX Land into smaller currencies – Wall Street Journal
- South African Mine massacre – terrible. BBC
- As Ryan invigorates Romney’s campaign the BBC asks “why is Ayn Rand so popular?” – here
- White House thinking about SPR release – Reuters
- MacroBusiness Morning will be back on Monday but here is Bloomberg’s wrap of last night
United States:
- World’s best economic Journo tees off on Paul Ryan – Martin Wolf in the FT
- What’s the hold up with QE3 – Big Picture
- But Reuters says the chances are rising – here
- How can this be? Former MF Global CEO faces no charges – New American
- Sometimes I think America has the best democracy money can buy. Peregrine CEO pleads not guilty to lying to regulators – Reuters
- US State unemployment breakdown worrying – Business Insider
- Apple Shares at record highs – Wall Street Journal
Facebook:
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- Facebook Schadenfreude – Abnormal Returns. What he said!
- Investors losing faith – NY Times
- Distribution dilemma – Fortune
- Henry Blodget truth about the Facebook stock price – Business Insider
Europe:
- Madrid Mayor says Spanish bailout is inevitable – UK Telegraph
- Roubini, Early retirement for Eurozone – Project Syndicate
- Saving France, Saving Europe – Project Syndicate
- Pussy Riot gets 2 years – Somethings never change. Forbes
Asia:
- China acting as Developer loans sour – Bloomberg
- Business Insider on what is really going on in the Chinese property market – here
Local:
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- Australia knows the US is after Assange – SMH
- Westfield says we are still spending just differently – SMH
- Who would want to be a Politician – The Australian has a story about the PM and Slater and Gordon
- ANZ pay freeze – The Australian
- Suck it up softies! Ken Henry tells manufacturers to accept a high dollar – AFR
- Income Stocks to be tested – AFR
Other: