Links 9 January 2013

Here’s a list of things Reynard read overnight.

Global Macro:

North America:

  • Canada: Cooling house market could undercut retirement plans – CBC Business
  • Fiscal Cliff: The coin as negotiating strategy – FT Alphaville
  • America’s big banks win again – Salon
  • What will happen with US house prices in 2013? – Calculated Risk



  • Michael Pettis on Chinese banking in 2013 – FT Beyond Brics
  • What sub-6% Chinese growth will do to various assets – FT Alphaville
  • Caixin Commentary — The Middle Kingdom and the Middle Income Trap – Caixin


  • Insurers warn on rising risks – The Age
  • Businesses make most of high AUD – The AFR
  • AUD might hit $1.10, but parity on the horizon – The AFR
  • Push on APRA to back softer banking rules – The AFR
  • Increasing the super contribution rate is a second-rate solution – The Conversation


  • The big problem with economics—lots of nice theories built on terrible data – Slate



  1. Re world markets. Difficult to have the faintest idea what is going to happen this year.
    Short term on a world basis, suspecting a rally during US earnings as usual, though likely a decline following. Lots of rotten apples being juggled at present.

    Locally i’m not particularly confident of the economy, though Ore prices are surprisingly rebounding. Is this due to some actual demand, or just stockpiling?

  2. Posted a second comment regarding world economy, not sure where it has gone to – has it been caught in some sort of spam filter?
    There certainly wasn’t any obscene or abusive language in it.