Global Macro/Markets:
- The emerging bear market in emerging markets – Reuters
- The problem of artificially low interest rates – Brennan McDonald
- The overstated inflation danger – Financial Times
- Bond Markets: Is Canary Kicking the Bucket? – True Economics
- Can Bernanke Avoid a Meltdown in the Bond Market? – Bloomberg
- Investing in the New Normal – mauldineconomics.com
- Pimco Sees 60% Chance of Global Recession in Five Years – Bloomberg
North America:
- Goldman Sachs clashes with Chicago Fed on what’s needed to cut jobless rate – MarketWatch
- Real Estate Agent Boom and Bust – Calculated Risk
- Republicans to Wage 30-Year Budget War – New York
- US Government Forced to Pay Real Rates on Debt – CNBC
- Will Housing Save the U.S. Economy? – owenzidar.wordpress.com
- The housing recovery might be shakier than you think, Shiller tells – EFT Report
- Some bubblicious numbers on house flipping – Business Insider
Europe:
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- Greece shuts down state broadcaster and sacks thousands of public workers – Financial Times
- Recession prompted ‘unprecedented’ fall in wages – BBC
- Wage cuts for British workers deepest since records began, IFS shows – The Guardian
- UK manufacturing revival halts in April – The Guardian
- A Bloodless German Duel Over the ECB – Bloomberg
- British economy: Some good news for a change – The Economist
Asia:
- Machinery orders slide in Japan – Reuters
- Nikkei dips below 13,000 as exporters, real estate stocks weigh – Reuters
- Asia’s ticking time bonds; Time to cut and run? – Reuters
- This China Downturn May Be the ‘Most Drawn-Out’ – CNBC
Local:
- Pascoe writes stupidest ever comment on China, according to Chovanec.
- Don’t mention the R-word: Swan vs The Squid – Wall Street Journal
- Recession claims are premature – The AFR
- Iron ore past its Golden Age – The AFR ; The Australian
- Iron ore bust burns Port Hedland property owners – The AFR
- Post boom shock for miners – The Australian
Other:
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- Challenge Inequality by Changing Who Owns Capital – Demos.org
- NZ Government targets super profits from land banks – Business Scoop
- Massive real wage cuts will not improve growth prospects – Bill Mitchell
