Links 24 January 2013

Here’s a list of things Reynard read over night.

Global Macro:

  • Global Employment Trends 2013 – Recovering from a second jobs dip  – World Bank
  • Recoveryless jobbification – FT Alphaville
  • Job destruction vs unemployment duration by country, 2007 vs 2011 – FT Alphaville
  • NGDP level targeting: Yellen it from the rooftops, but nobody heard – FT Alphaville
  • Correlation: the credit trader’s kryptonite – FT Alphaville
  • Beggar Thy Currency Or Thy Self? by Mohamed A. El-Erian – Project Syndicate
  • Central bankers should be brought to heel by elected parliaments – The Telegraph
  • The Macroeconomic Task Ahead – Econbrowser

North America:


  • LTRO repayment bifurcation risk – FT Alphaville
  • Banks Too Big to Manage Find Davos Vows Too Hard to Win – Bloomberg
  • Selfish, ignorant, dangerous: Europe’s verdict on Cameron speech – Reuters
  • Bank of Spain says economy shrank 0.6 pct on quarter in Q4 – Reuters
  • Europe finance tax to net tens of billions of euros: France – Reuters


  • China’s new leader Xi Jinping vows to “crush all corrupt officials” from high-ranking “tigers” to low-ranking “flies” – The Times of India
  • Yenstimates all over the place – FT Alphaville
  • GMO on China’s subprimey financial innovations – FT Alphaville
  • The Growing Pains of Urbanization – Caixin


  • Cheaper to buy than rent. AFR. Bogus study uses average loan size to juke the stats.
  • Another year of adjustment. AFR
  • Inflation builds rate cut case. The Oz
  • BHP to cut. AFR
  • Vic planning minister set to be given new powers to overturn planning decisions – The Age
  • BHP tipped to slash lagging operations – The Age
  • Experts say the road to riches is more infrastructure investment – The Australian


  • This time, nobody likes Apple – FT Alphaville
  • Donald Trump reportedly interested in buying the New York Times – CNN Money


  1. Vic planning minister set to be given new powers to overturn planning decisions

    Looks like Frank Sartor got down to Melbourne eh.