Here’s a list of things Reynard read over night.
Global Macro/Markets:
- Major Bottom Forming In Gold – King World News
North America:
- The PHD bust – The Atlantic
- The U.S. Army Estimates Staggering Initial Job Losses From Automatic Budget Cuts – Business Insider
- Bitter Pill: Why Medical Bills Are Killing Us – Time
- Fed’s Fisher wants to taper off QE this year if economy improves – Reuters
- US flash PMI at 55.2, misses estimates – Markit
- Fed Signals Possible Slowing of QE Amid Debate Over Risks – Bloomberg
Europe:
Advertisement
- UK mortgage lending hits lowest level since April 2012 – BBC News
- ECB Banks Earn Over Half a Billion From Greek Debt – Wall Street Journal
- Manufacturers Survey Points to New Downturn in Euro Zone – New York Times
- Euro-Area Manufacturing, Services Contraction Worsens: Economy – Bloomberg
- Eurozone PMI signals steepening downturn – Markit
- Panic-driven austerity in the Eurozone and its implications – VOX
Asia:
- Guizhou landslide creates an unstable dam – Caixin
- South Korean h/hold debt (163%/disposable income in 2011) a poisoned chalice for Park – Bloomberg
- China housing slaves helping property rebound – Bloomberg
- The problem with Japanese deflation – Reuters
- The Japanese puzzle – Economonitor
- China’s concrete diplomacy – The Telegraph
Local:
- Labor Party has lost the plot, and the narrative – The SMH
- PM exposes Labor reform weakness – The Australian
- Swan sets audit trap for Abbott – The Australian
- Super problem is the budget deficit – The AFR
- Coal’s hidden costs make solar a bargain – Climate Spectator
Other:
Advertisement
- The rise of the robots – Project Syndicate