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Global Macro:
- Barclays case shocks energy market. FT
North America:
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- Gold price plunge suggests traders fear less QE3. FT Yep
- Solid jobs report. Calculated Risk, Calculated Risk, Tim Duy
- Investment grade spreads hitting post-GFC lows. Sober Look
- Lumber prices jump on Sandy. WSJ
- Companies warn on fiscal cliff. NYT
- The relationship between jobs and GDP. Econbrowser
- Stocks slammed as Apple tumbles. Zero Hedge
Europe:
- Eurozone PMI record is broken. Alphaville
- Schaeuble says debt reduction is global task. Reuters
- Radical policies to rebalance UK. Martin Wolf
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Asia:
- Sharp blunted. Alphaville
- Is Asia headed for a credit crisis? Quartz
Local:
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- ME Bank slashes and burns. AFR
- Greens push for MRRT remodeling. SMH The scandal continues
- Deluded nation failing productivity test. The Australian
- Baby bonus failed. The Australian
- Early election. AFR Oh yes, before the mining bust, before the deficit confession.
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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