Links 29 May 2013

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Global Macro/Markets:

  • Household aggregate wealth in the main OECD countries from 1980 to 2011: what do the data tell us? – repec.org
  • A Divergence Is Opening Up Between Inflation And The Stock Market – Pragmatic Capitalism

North America:

Europe:

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  • Europe and China Trade Talks End Bitterly – New York Times
  • U.K. Banks Cut 189,000 With Employment at Nine-Year Low – Bloomberg
  • France consumer confidence tanks – Thomson Reuters
  • Austerity could only ever bring Europe so far – The Guardian
  • S&P says France must deliver promised budget cuts to protect rating – Reuters

Asia:

  • China goes hunting for US real estate – Bloomberg
  • BOJ’s Miyao says JGB stability vital, offers no new steps – Reuters
  • China eyes cap on carbon emissions by 2016 – Financial Times

Local:

Other:

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  • Globalisation isn’t just about profits, it’s about taxes too – The Guardian
  • Skyscrapers That Predicted Financial Crises – Business Insider
  • 5 of the 9 tallest skyscrapers being built right now are in China – Business Insider
About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.