Global Macro:
- ICAP Tumbles Most in Two Years as First-Half Profit Shrinks 26% – Bloomberg
- Hoenig: A Better Alternative to Basel Capital Rules – The Big Picture
North America:
- Retail Sales declined 0.3% in October – Calculated Risk
- Retail Sales in U.S. Decrease for First Time in Four Months – Bloomberg
- FRB: FOMC Minutes, October 23-24, 2012 – Federal Reserve
- What, Exactly, Is the Fiscal Cliff, You Ask? – The Big Picture
- The U.S. Credit Rating Might Get Downgraded Again, But Does Anyone Care? – Daily Beast
- Why the Fed is having so much trouble explaining what it’s trying to do on unemployment and inflation – Washington Post
- Report: Housing Inventory declines 17% year-over-year in October – Calculated Risk
- Housing Busts and Household Mobility: An Update – The Big Picture
Europe:
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- European workers stage austerity protests – BBC
- Anti-austerity protests sweep Europe – Financial Times
- Greek economy shrank by 7.2 pct in Q3, worse than expected – ekathimerini.com
- Why is the UK recovery weaker than the US? – Financial Times
- Greece sinks deeper into depression in third quarter – Reuters
- Eurozone industry output fell more than expected in September to a two-year low – MNI News
Asia:
- China’s Politburo revealed as mystery Australian journo asks easy questions – abc.net.au
- China’s new leaders: leak or bluff? | beyondbrics – Financial Times
- The first big test for China’s new leaders | The A-List – Financial Times
- China’s New Leaders Face an Economic Turning Point – Bloomberg
Local:
- Hopes rise for a retail recovery – The Age
- Vic Government push for surplus based on dodgy accounting – The Age
- Support for GST review grows – AFR
- Australia on the same path as Spain: S&P – AFR
- Building slump claims another victim – AFR
- Deepening gloom amid China slowdown, productivity dip and red tape – The Australian
Other:
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- The FT backs down on paywalled blogs – Reuters