Global Macro/Markets:
- Is This Another Bubble? We Can’t Know Without Better Data – Bloomberg
- For Stock-Picking Advice, Dont Ask an Economist – New York Times
- Some Perspective on the “Can’t Lose” Market – Pragmatic Capitalism
- Fiscal prioritisation: Lessons from three wars – VOX
North America:
- Secretary Lew Sends Debt Limit Letter to Congress – US Treasury
- Fed Officials Looking Closely at Student Debt – Wall Street Journal
- The persistent supply-side constraints in US housing – FT Alphaville
- Fed has not lowered interest rates enough: Kocherlakota – Reuters
- Too Much Talk About Liquidity – New York Times
- Fed’s Kocherlakota Sees No Benefit to Financial Stability From Tighter Policy – Wall Street Journal
- Americans Say Family of Four Needs Nearly $60K to “Get By” – gallup.com
- University of Michigan May preliminary consumer sentiment 83.7 vs 78.0 expected – ForexLive
- The 1 Percent Are Only Half the Problem – New York Times
- Bernanke Says Pessimists Wrong as Innovation Spurs Growth – Bloomberg
- Ben Bernanke on robots, lasers and the Great Stagnation – Washington Post
Europe:
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- Possibility of Spanish downgrade looms over euro zone – Reuters
- The Euro Crisis is Calming Down. Sell Euros. – Wall Street Journal
- The ECB’s Liquidity Leak – Forbes
- Europe Car Sales Post First Gain in 19 Months on Germany – Bloomberg
- British Study Raises Warning on Scottish Banks – New York Times
- The European Central Bank: Only the ECB can improve bank credit supply – The Economist
- Spain Posts First Trade Surplus on Record – Bloomberg
Asia:
- Abenomics and the Supply of Safe Assets – Macro and Other Market Musings
- Exposs of Chinas Elite a Big Lure in Hong Kong – New York Times
- China Home Prices Climb as Buyers Defy Government Curbs – Bloomberg
- What Is China Doing Right? – The Atlantic
- S&P warns India could face junk status – The Times of India
Local:
- Morgan Stanley’s Gerard Minack Retires – Business Insider
- More bills than skills from immigration – The SMH
- Michael West demolishes business vested interests – The Age
- Is Australia on the precipice? – Roger Montgomery
Other:
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- 2013 Eurovision Song Contest (Grand Final) – eurovision.tv
- Mount Everest Melting; Climate Change Likely To Blame, Say Researchers – Huffington Post
- Location, Location, Location! – The Hottest Real Estate Markets On Earth – Forbes
- Stephen King on the end of affluence: The battle over scarce resources – The Economist
- Auckland housing plan likely to get snuffed out by inflated land costs – Interest.co.nz