Links 9 August 2013

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Global Macro/Markets:

North America:

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  • This conservative economist cares more about unemployment than Obama does – Washington Post
  • Fed’s Fisher Says Bond Purchases Should Slow in September – Wall Street Journal
  • Here’s The Real Way New York Is Like Detroit – Business Insider
  • Serious U.S. Mortgage Delinquencies Fall to Five-Year Low – Bloomberg
  • Is There A Housing Bubble In The Western U.S.? – Business Insider
  • Canada’s China Problem Is Greater than Its Housing Problem – contrarianedge.com
  • Home Prices Climb in 87% of U.S. Cities Amid Recovery – Bloomberg

Europe:

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Asia:

  •  China July Exports and Imports Exceed Estimates, Surplus Trails – Bloomberg

Local:

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  • Why the luck is running out for Australia’s next leader – Financial Times
  • Four reasons why China won’t invest in Australian mining – The AFR
  • Banks’ level of high quality liquid assets appropriate: APRA – The AFR
  • Domestic data points to further rate cut – The AFR
  • Budget crunch hits WA – The AFR
  • China dip could have butterfly effect on Aussie economy – The AFR
  • Employment data proves the fantasy – The Australian
  • Planning gone mad – The Age
  • Push to keep economy on even keel – The Age

Other:

  • Conservative economic arguments since the crisis: A review – Noahpinion
  • Do We Want High House Prices or Affordable Housing? Lessons on the Government Debt – cepr.net
  • Why is cycling so popular in the Netherlands? – BBC
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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.
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