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