Links 15 November 2013

Global Macro / Markets:

• Fed’s bond buying hasn’t boosted stocks, McKinsey study finds| Business – Reuters
• Quantitative easing, not as we know it – The Economist
• Winners and Losers From Stimulus – New York Times

North America:

• Bernanke Says Banks Should Hold More Capital Against Downturns – Bloomberg
• Obama Announces Health-Care Changes – Wall Street Journal
• Fed’s Plosser: Mild Deflation Not Necessarily a Bad Thing – Wall Street Journal
• Deleveraging Decelerates and Household Balances Increase – New York Fed
• Bid Wars Wane in U.S. Housing Markets on Supply Rise: Mortgages – Bloomberg

Europe:

• £250,000 to Person Who Can Solve UK Housing Crisis – International Business News
• Exit Clause: Merkel’s Partners Want Broke Countries Out of Euro – Der Spiegel
• ECB ready to print, Germany ready to scream – The Telegraph
• Euro Zone Economy Stagnates as Growth Slows in Germany – New York Times
• Why Draghi was wrong to cut interest rates – Financial Times

Asia:

• Abenomics at one year: growth to slow as challenges mount – Reuters
• Japan growth slowdown a test for Abe – Financial Times

Local:

• Debt impasse deepens as Coalition rejects opposition’s $400bn alternative – The Guardian
• Arrow LNG project put on notice – The Australian
• Debt battle goes down to the wire – The AFR
• Ceiling posturing is just theatre – The Australian
• Government aims to woo China with FTA offer – The AFR
• Export forecasts put $20 billion LNG projects at risk – The AFR
• Public servants not gutsy enough with pollies – The AFR
• Rolling out NBN vian telephone poles 4-6 times cheaper – The Australian
• Surreal nature of debt ceiling brawl – The Age

Other:

• How to be a New Keynesian and an Old Keynesian at the same time – Mainly Macro
• How McDonald’s and Wal-Mart Became Welfare Queens – Bloomberg