Weekend Links October 13

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Global Macro:

  • IMF Blanchard says healing from crisis could take decades – WSJ
  • Ambrose Evans Pritchard is bullish – kidding right? Reckons the US is rebounding and IMF wrong. UK Telegraph
  • World’s first 3D guitar printed – Businessweek. Michael is really keen on this as the next technological revolution we just need to figure out how to piggy back it for MI subscribers
  • This one is for the traders, I picked it up from Michael Covel – What happens when decisions go wrong? Farmam Street
  • David Rosenberg on navigating the new normal – BI

North America:

  • Bernanke’ QE3 is a masterstroke of market manipulation – Quartz
  • US Consumer confidence at 5 year highs – Reuters
  • Fed’s Lacker – Fed stimulus will do little for the economy, Reuters and Economic growth will begin next year, WSJ. Don’t you love headlines!

Europe:

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  • Lord Turner calls for “unconventional” economic policies – BBC Can it work? Stephanie Flanders BBC
  • More on EU plans to have joint budget – Reuters
  • Spain says there is no opposition in EU and it can access if it wants – Reuters
  • But it could get a precautionary credit line – Reuters
  • Portugal still trying to Austerity its way to growth – Reuters
  • Citi reckons changes of Grexit have fallen – Reuters
  • Hollande robbed of growth engine as Coys cut investment – Bloomberg.
  • Charlemange on the EU Peace Prize win – Economist
  • Europe might have won the Nobel Peace Prize but the Italians are so enamoured with the Germans at the moment blaming them for their economic woes – Reuters
  • Poland plans big investment to avoid downturn – Reuters

Asia:

  • BOC warns of shadow banking risks – Reuters
  • China is going to have problems guaranteeing food, water and drug security – Project Syndicate h/t BI

Local:

  • Swanny still deluded about our economic future – Skynews. Are those drugs legal?
  • Sydney on top of the property rich list – SMH I am so glad I don’t live in Sydney anymore.
  • We need a change of mind on China – SMH
  • There is sexism and there is barbs – PVO in the Oz.

Interesting:

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  • Massive Waves off Maui – Surfer NOICE 🙂
  • More proof diamonds are overpriced, but it wont matter – Diamond Planet