Links 19 August 2013

Global Macro/Markets:

•  Year-to-date performance across fixed income – Sober Look
• Hedge Funds Tripled Their Bets Against Treasuries Over The Past Week – Business Insider

North America:

• Analysis: Summers-led Fed might raise rates faster than Yellen – Reuters
• What Really Ails Detroit – New York Times
• Housing Expansion May Be Getting Scaled Back – Wall Street Journal
• Report: Half of All Homes Are Being Purchased With Cash – Developments – Wall Street Journal

Europe:

• EU to consider suspension of €5bn in aid to Egypt – Financial Times
• Ireland Is The Success Story Of The Future, And Always Will Be – New York Times
• Borrowers Outside Euro Zone Race to Issue Euro Debt – Wall Street Journal

Asia:

•  Layoffs Illegal, Japanese Workers Head to Boredom Room – New York Times
• India’s crisis brings back memories of 1991 – Sober Look
• Easy Credit Dries Up, Crippling Chinese Cities – New York Times

Local:

• How we messed-up the boom – The Australian
• No property boom likely – The AFR
• Abbott’s paid parental leave farce – The Age; The AFR; The Australian; The Australian;
• Baby Boomer bust – The AFR
• Two-year window to extent LNG boom – The AFR
• Rent seekers will drag us all down – The AFR

Other

• Westpac NZ sparks housing bubble concerns – The AFR
• Is Big Data an Economic Big Dud? – New York Times
• Banks and the Monetary Base (Wonkish) – New York Times
• How the wealthy keep themselves on top – Financial Times