Here’s a list of things Reynard read overnight.
Global Macro/Markets:
- “A feature of all bubbles is the emergnce of seemingly-plausible fundamntal arguments to justify rise in asset prices” – Riholtz
- “We are seeing “the exhaustion of a growth model based on consumption” – Zero Hedge
- Paul Krugman on whether 80% of GDP is a “danger zone” for public debt – New York Times
- The Financial Cycle: Theory and Implications – Conversable Economist
- The 2% Mystery: Why Has QE3 Been Such a Bust? – Matthew O’Brien – The Atlantic
North America:
- Vancouver house prices drive workers overseas – The Globe & Mail
- Is the US facing a housing shortage? – Sober Look
- We should stop expecting monetary policy alone to save the US economy – Quartz
- Detroit: Skid row – The Economist
Europe:
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- What took you so long, Moody’s? – FT Alphaville
- Prospects for economic recovery in southern Europe have darkened – The Economist
- Panic-driven austerity in the Eurozone and its implications – Voxeu.org
- Unemployment & growth in the Euro Zone – Naked Keynesian
- The Weekend Interview with Bernard Connolly: Why the Euro Crisis Isn’t Over – Wall Street Journal
- The UK is very European – in its mistakes – Financial Times
Asia:
- Who in China is calling the shots on island dispute with Japan? – The Diplomat
- PM: “Japan is not, and will never be, a tier-two country” – Financial Times
Local:
- Developers go mad in SA – Adelaide Now
- Gillard’s maths fails test – The Age
- Public servants baulk at FOI changes – The Age
- Post election audit will bring porkies to light – The Age
- Capex in spotlight – The AFR
- ALP jobs plan half-baked – The Australian
- Business slams cut to foreign workers – The Australian
- Credit loosening raises fears – The Australian
Other:
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- Speculative longs on NZD at “extreme highs” – Interest.co.nz