Global Macro:
- Sweden cuts rates to 1.25% Reuters chart ZIRP world it is
- The ketchup problem with government deficits The Economist
- and why not to expect a global economy recovery anytime soon The Economist
United States:
- Bubba still has it and gives it up to the Democrats FT (login req’d)
- ADP delivers 201k for August. Calculated Risk
Europe:
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- UK house prices going nowhere BBC good news in long run, bad in short run
- French unemployment at 13 year high Reuters life is merde…let us have a cigarette and drink
- Bank of England holds rates at super low 0.5% BBC and maintains bond buying program Bloomberg
- Euro economy contracts in Q1 as deflation sets in but ECB leaves rates on hold Bloomberg
- Draghi warms up the printing presses Reuters Unlimited bond buying, the Bundesbank not happy Mario
- The rally monkey is here! FT Alphaville Stocks rally – S&P500 at 4-year high, Euro stocks up 3.3% everything is fine
Asia:
- Australia is not ready for Asia The Age Sell them dirt!
- Mongolia musters to avoid commodities curse AFR They’ve got dirt!
Local:
- Now with AUD falling, online shopping to get slugged with GST AFR
- The approaching income problem. AFR Geoff Carmody follows up on H&H’s recent piece.
- Fortescue unravels. AFR Hope you have a Macro Investor sub.
- Restricting foreign land purchases would see land values drop The Cupboard (locked) This is a bad thing? Cough..CAD…cough
- Costly coal to get the chop. AFR
Other:
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