Global Macro / Markets:
- Robert Shiller: ‘When I look around I see a lot of foolishness, and I can’t believe it’s not important economically’ – Washington Post
- Credit default swaps run out of road – Financial Times
- Bond-fund manager has had about enough of these bonds – Wall Street Journal
- The artificial fuel for growth cannot last forever – Financial Times
North America:
- Robert Costa – House Conservatives Revolt – National Review
- Just how ugly would a default be for the dollar? Very – Fortune
- The default has already begun – Reuters
- The sun is setting on dollar supremacy, and with it, American power – The Telegraph
Europe:
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- Greece’s 2014 fiscal gap suddenly appears bigger, much bigger – macropolis
- Italy to prevent local govts using derivatives-draft – Reuters
- Wait what, the enormous unnoticed collapse in London property prices – Financial Times
Asia:
- China Steel Binge Spurs Record Hiring of Iron-Ore Vessels – Bloomberg
- China calls for dollar to be replaced as global reserve currency – LA Times
Local:
- Bold bid to fix gas sector woes – The AFR
- How Abbott can get the FTAs right – The AFR
- Abbott Government’s mixed messages on free trade – The AFR
- Age no barrier to super tax brakes – The AFR
- Hockey pledges 2016 tax reform agenda – The AFR
- Gen Milenials and the ‘lazy’ myth – The AFR
- Bond and interest rate traders bet against further rate cuts – The AFR
- Housing heat calls for cool heads – The AFR
- Toyota Australia warns of more pain – The Age
- PM locks in death of carbon tax – The Australian ; Household “will be $550 ahead” – The Australian
- Open speed limits on trial in NT – The Australian
- Coal sector faces more cost cutting – The Australian
- Improving the Budget bottom line will be difficult – The Australian
Other:
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- Are Rationality and the Efficient Markets Hypothesis Useful? – Economist’s View
