Links 30 April 2013

Global Macro/Markets:

• Analysts call end to mining boom – The Telegraph
• Rethinking Macroeconomic Policy – imf.org
• High-Frequency Traders Face Speed Limits – CNBC
• The Bond Market Has Spoken: Austerity Is A Loser, And So Are Reinhart And Rogoff – Huffington Post
• Currencies: Don’t mention the war – The Economist
• Market’s $20 Trillion Yielding 1% Shows Austerity Mistaken – Bloomberg
• There’s A Major Shortage Of Assets To Invest In – Pragmatic Capitalism

North America:

• The Myth of America’s Tech Talent Shortage – Atlantic Mobile – The Atlantic
• Stockman Says Fed `Asset Inflation’ Hurting Economy – Bloomberg Businessweek
• The Trapdoors at the Fed’s Exit by Nouriel Roubini – Project Syndicate
• Yes, The Fed Can Do A Lot To Offset Fiscal Austerity – Macro and Other Market Musings
• Demographics Are Behind the Smaller Workforce – Wall Street Journal
• Tame Inflation to Keep Fed on Course – Wall Street Journal

Europe:

• The price of austerity – David McWilliams
• Household real income per capita fell by 1.1% in euro area in the fourth quarter of 2012 – Eurostat
• Moody’s says Italy may still eventually need bailout – Reuters
• European Leaders’ Softening on Austerity May Accelerate – Bloomberg
• Germany Should End Austerity, Not Ireland – Bloomberg
• Tax trends in the EU – European Union

Asia:

• China Premier Li Keqiang on real economic reform: “It will be very painful and even feel like cutting one’s wrist” – China Economic Review
• China’s Politburo meets for unusual midterm meeting on economy – Financial Times. First time since 2004.
• China’s leaders more concerned about financial instability than slowing growth – FT Alphaville
• Patience, Not Preemption, on the Korean Peninsula – The Diplomat

Local:

• Carbon bubble makes much of Australia’s coal resources worthless – The Guardian
• BHP Billiton Plans More Sales – Wall Street Journal
• Australian miners explore new seams – Financial Times
• Embrace pain of $12 billion hole – The Age
• Let’s clarify a few points on the Budget – The Age
• Revenue fall exposes structural flaw – The Age
• Cycle hits structural pot holes – The Australian
• Mining firms pay only a fraction of tax – The Australian
• Labor flags higher taxes – The AFR

Other:

• You Can Never Have Too Much Money, New Research Shows – brookings.edu
• Global tax map – Financial Times