Global Macro/Markets:
- Warning signs for US corporate bonds – Financial Times. Investors demand higher yields even for safest borrowers.
- Well, if this isn’t a bullish sign for securitisation – FT Alphaville
- The M&A pickup – FT Alphaville
- Why having a lot of bankers is dangerous for any economy – Quartz
- Currency War Turns Stimulus War as Brazil Surrenders – Bloomberg
North America:
- Greater Vancouver housing sales plunge 29% – The Globe & Mail
- Canadian home prices over inflated by 20 per cent: Fitch – The Globe & Mail
- “Fitch identified borrowr equity as strongst drivr of mortgage default (in Canada)” – Reuters
- Flaherty warns banks over igniting mortgage war as BMO cuts rates – The Globe & Mail
- Trading in America’s students expands – FT Alphaville
- Net US crude imports fell by 437,000 b/d last year to 8.5m b/d, lowest level in 15 years – Financial Times
- How the Nation Resolved Its First Debt Ceiling Crisis – Liberty Street Economics – New York Fed
Europe:
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- Europe is Drowning Under Too Much Government – Peak Prosperity
- Social situation in Greece deteriorates – yanisvaroufakis
- Euro Leaders Demand Austerity as Italy Nears New Vote – Bloomberg
- Anger builds in Italy as old guard plots fresh technocrat take-over – The Telegraph
- Brave Ireland is the poster-child of EMU cruelty and folly – The Telegraph
Asia:
- No end in sight to stand-off in Guangdong village over land deal – South China Morning Post
- Stand-off in Chinese village over land grab – Financial Times
- Ex-police in China get rounded up by police after petitioning in Beijing against corruption – NBC News
- China’s push to cool housing raises questions – New York Times
- “It is increasingly clear that Chinese growth will slow from Q2 onwards” – Financial Times
- China has overtaken US as world’s largest net oil importer – Financial Times.
- Signs of nightmare scenario in China’s latest economic data – South China Morning Post
- The pollution constraint on China’s future growth – FT Alphaville
- Has the time for BoJ talk passed? – FT ALphaville
- China property curbs may trigger short-term home buying rush – Reuters
Local:
- A fistful of dollars – The SMH
- Victoria at risk of NSW-style planning fiasco – The Age
- Do nothing, just wait, and hopefully the economy will improve – The Age
- Iron ore tipped to fall below $60 a tonne – The AFR
Other:
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- Damn straight I’m a college grad! Paper or plastic? – FT Alphaville
- Balancing budget over the cycle is not a sound fiscal rule – Bill Mitchell