Links 19 September 2013

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Global Macro / Markets:

  • Greenberg: This Market’s the Greater Fool Theory – The Street
  • John Kay – A fixation on liquidity is not healthy for financial markets – johnkay.com
  • Beating the Market Has Become Nearly Impossible – Institutional Investor
  • Market fears risky collateral to cause new crisis – thetradenews.com

North America:

Europe:

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  • Productivity gap between UK and other G7 nations widens to largest in 20 years – theguardian.com
  • S&P warns Portugal of potential sovereign credit downgrade – Reuters
  • Brussels plans end to self-regulation of market benchmarks – Financial Times

Asia:

  • Half of the world’s self-made women billionaires are from China – Quartz
  • One in four Japanese now over 65 – Financial Times
  • Beijing’s internet crackdown may be hard to sustain – Financial Times

Local:

  • Car industry on brink. Seeks Abbott’s support – The AFR
  • Ted Evans slams public service chief sackings – The AFR
  • Why the Coalition is pouring money into road infrastructure – The AFR
  • Productivity: the key to growth – The Australian
  • Bursting the bubble myth – The Australian
  • Loan servicability needs attention – The Australian
  • Stick to the facts in property market – The Age

Other:

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  • Give Back? Yes, It’s Time For The 99% To Give Back To The 1% – Forbes
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.