Links 19 November 2013

Global Macro / Markets:

• Bitcoin surges above $600 ahead of key week – CNBC
• Treasury Yield Curve Is Steepest in Almost 2 Years on Fed Views – Bloomberg
• What Happens to Stocks When Disaster Strikes? – Crossing Wall Street
• The implications of secular stagnation – Financial Times
• Getting out of a liquidity trap – Business Spectator

North America:

• A Permanent Slump? – New York Times
• Caught in Unemployment’s Revolving Door – New York Times
• Federal Reserve considering a delay to Volcker rule – Financial Times
• Pressure Builds to Finish Volcker Rule on Wall St. Oversight – New York Times
• Banks piling into auto loans as demand picks up – Sober Look

Europe:

• Spain’s bad loans ratio rises to 12.7 percent in Sept – Reuters
• Markets may underrate ECB’s propensity to act – Breaking Views

Asia:

• Yen and Yang: The Response of the Nikkei to the Yen – New York Fed
• Chinese stock markets rally on economic reform plans – The Guardian
• Analysts wary as reform euphoria sweeps China markets – Financial Times
• Japan’s Banks Find It Hard to Lend Easy Money – Wall Street Journal
• Xi proves to be no Mao follower, but a disciple of Deng – scmp.com
  

Local:

• Environment of reform to cleanse economy – The AFR
• Supermarkets sign voluntary code – The Guardian
• Big manufacturers hail supermarket protections – The AFR
• Abbott Government’s rethink on jobs to blow Budget – The AFR
• ALP planned to axe 14,500 jobs – The Australian
• Coalition claims credit for $160 billion of project approvals – The AFR
• States need stamp duty reform – The AFR
• How to halt a supermarket sweep – Business Spectator
• Take foreign investment fears with a grain of salt – Business Spectator
• Australia bottom of climate index – The Guardian
• Coalition hastens Senate showdown – The Guardian
• Door left open for means testing child care rebate – The Guardian
• Treasury agrees “we got it wrong” – The Australian
• Export fears as gas falls short – The Australian
• Car industry in its death throes – The Australian
• Folly of old fashioned planning – The Australian
• Blueprint, but will Hockey read it? – The Age

Other:

• Does your job create real value? – The Week
• Inequality’s Roots: Beyond Technology – New York Times
• The negative unnatural rate of interest – Interfluidity
• What To Do When You’re Wrong and why people don’t do it – New York Times