Links 23 September 2013

Advertisement
ScreenHunter_01 Sep. 22 19.06

Global Macro / Markets:

  • Jeremy Grantham, the chief investment strategist at GMO, warns investors about dwindling resources – Wall Street Journal
  • How The Fed’s Bazooka Misfired: QE-Infinity Sends Experiment Awry – ZeroHedge
  • Global Equity Funds Record Biggest Inflows Since 2005 – Bloomberg
  • The Fed Has Investors Overjoyed, And It’s For All the Wrong Reasons – The Atlantic
  • West’s debt explosion is real story behind Fed QE dance – Financial Times

North America:

  • Summers lost because liberals don’t trust Obama on financial reform – Washington Post
  • Yellen Speech Canceled as White House Weighs Fed Pick – Wall Street Journal
  • Fed Policy: The Good, the Bad, and the Ugly – economicsone.com
  • Fed officials have been all over the map on ending QE – Washington Post
  • Buffett Says Federal Reserve Is Greatest Hedge Fund in History – Bloomberg
  • White House rounding up support for Yellen to take reins at Fed – Reuters
  • Ooops! Foreign Trade Has Immiserated U.S. Workers After All – Slate
  • Offshoring Linked to Declining U.S. Labor Share, Likely to Continue – brookings.edu
  • Debt ceiling fight ’damn dumb,’ says Warren Buffett – CNBC
  • Missing the forest for the QEs – The Economist

Europe:

Advertisement
  • Germany’s coalition dance could end in an unhappy affair – Financial Times
  • Roubini Urges Ukraine to Sign EU Accord Rather Than Russian Deal – Bloomberg Businessweek
  • Germany’s Angela Merkel headed for election win – The AFR

Asia:

  • Purge and renewal in China: the importance of Bo Xilai’s day in court – eastasiaforum.org
  • How long can the Communist party survive in China? – Financial Times
  • India unexpectedly raises rates; trims rupee support steps – Reuters
  • Japan Condo Sales Running High on Abenomics – Wall Street Journal

Local:

  • Hockey says house prices an opportunity, not bubble – The AFR
  • Toxic property creates dangerous housing bubble – The AFR
  • Getting ready to tame the housing inflation dragon – The AFR
  • Caution urged on property – The AFR
  • Hot property to spark Queensland surge – The Australian
  • Hockey slaps Barnett on GST – The AFR
  • Fed throws spanner in our works – The Age
  • ATO told to end attack on self-employed – The AFR
  • Low rates lead to banks increasing loan buffers – The AFR
  • Bid to fix project paralysis – The Australian
  • Home buyers get bullish – The Australian

Other:

Advertisement
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.