Global Macro:
- This Is the Worst Election for Wall Street in Decades – The Atlantic
- Election gamble backfires for banks, energy firms: Kemp – Reuters
- Best Rally in Decade May Slow as Obama Faces Congress – Bloomberg
- Improved access to private sector credit crucial to restoring global growth – AFR
North America:
- Congratulations, Mr. President. Here’s how to fix the economy. – Fortune
- Worst One Day Reactions to Presidential Elections – Bespoke
- Obama could really help the US economy by pushing for more legal immigration – Quartz
- Fiscal cliff: It’s not a cliff – Slate
- The economy and the election: The macroeconomics mandate – The Economist
- Your money: Dear Mr. President – Do this first for consumers – Reuters
- The Real Real America – New York Times
- Hurricane Sandy: Impact on “Near-Term Economic Activity” – Calculated Risk
Europe:
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- Mass resignations hit Bank of Greece – Financial Times
- Draghi’s address at Wirtschaftstag Volksbanken Raffeisenbanken – European Union
- Draghi says ECB plan allows for unlimited bond buys – Reuters
- Germany is making a crucial bet to hang onto its manufacturing prowess – Quartz
- Greeks protest proposed spending cuts, tax increases as parliament votes – CNBC
Asia:
- Chinese banks’ bad loans may triple by year-end – Reuters
- Great NYT map of (reported) protests in China over large scale, polluting industrial projects – New York Times
Local:
- States push for tax revenues from asset sales – AFR
- Liberals set to refer mining tax to new budget office – AFR
- Oakeshott wants Treasury brief on mining tax – SMH
- Treasury defends its role costing Opposition policies – The Age
- CBA warning as profits rise – The Australian
Other:
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- A good example of how household formation (underlying demand) only increases during good economic times – Wall Street Journal
- Ask A Banker: What’s The Deal With High Frequency Trading? : Planet Money : NPR – npr.org
- Why RBNZ Governor should impose LVR limits, but isn’t – Interest.co.nz
