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North America:
- Durable Goods recession warning. Big Picture
- US prices at the pump. Calculated Risk
- China’s shadow banking system. Zero Hedge
- Is low inflation always good? Tim Duy
- Fiscal cliff deal doubtful. FT I’m doubtful it’s doubtful
Europe:
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- Is Sweden awesome because it mooches off the US? Wonkblog
- This prevents the US from becoming Europe. (Pragmatic Capitalism)
Local:
- Income slump coming. AFR
- Reformers slam car handouts. AFR
- It’s structural. David Uren
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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.
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