Global Macro / Markets:
- Treasurys, European stocks and currencies rallied after Lawrence Summers’s decision to pull out of the Fed contest – Wall Street Journal
- Hedge funds and the last half-decade: you don’t know what you’ve got ’til it’s gone – Financial Times
North America:
- Larry Summers’s Not-So-Illustrious Predecessor – Bloomberg
- Why Lawrence Summers Withdrew from Fed Chair Consideration – New Yorker
- How a Small Team of Democrats Defeated Larry Summers—and Obama – The Atlantic
- What’s next for Larry Summers – Quartz
- Three Reasons Christina Romer Should Be Fed Chair – Slate
- Traders bet on later Fed rate hike with Summers out of picture – Reuters
- One chart that explains why the US auto industry is booming – Quartz
- El-Erian: Fed’s taper should start small – Fortune
Europe:
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- Wolfgang Schäuble – Ignore the doomsayers: Europe is being fixed – Financial Times
- ECB: Keynote speech at the conference “Europe and the Euro – A Family Affair” – European Union
- Draghi Says EU Needs ‘Strong’ Authority to Resolve Banks – Bloomberg
Asia:
- China’s Bosses Size Up a Changing Labor Force – Bloomberg Businessweek
- Top North official’s daughter defects – japantimes.co.jp
- Indian Inflation Unexpectedly Accelerates As Food Prices Explode – Business Insider
Local:
- IMF takes aim at housing bubble – The AFR
- Interest in reverse mortgages on the rise – The AFR
- RBA faces housing challenges – The AFR
- Abbott embraces free trade – The AFR ; The Australian
- Calls to speed-up infrastructure projects – The AFR
- Goldman reflects on GFC fallout – The Australian
- Employers seek reversal of 457 rules – The Australian
- Coalition needs a spark of inspiration – The Age
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