Links 27 November 2013

Global Macro / Markets:

• Gold Fix Drawing Scrutiny Amid Knowledge Tied to Eruption – Bloomberg
• Is Bitcoin about to change the world? – The Guardian
• PIMCO cautions against going long bonds – The AFR

North America:

• Case-Shiller: Comp 20 House Prices increased 13.3% year-over-year in September – Calculated Risk
• Housing Permits increase to 1.03 million SAAR in October – Calculated Risk
• Insight: A new wave of U.S. mortgage trouble threatens – Reuters
• Among American workers, poll finds unprecedented anxiety about jobs, economy – Washington Post
• US consumer confidence fades again in November – The AFR

Europe:

• ECB’s Weidmann warns against central bank overreach – Reuters

Asia:

• China-Japan rearmament is Keynesian stimulus, if it doesn’t go horribly wrong – The Telegraph
• China looks to limit interbank lending – Financial Times
• Ex-Goldman trader plans China, Japan hedge fund: sources – Reuters
• China government-bond yields soar to highest in almost nine years – Wall Street Journal
• China dragged down a lot of giant companies last quarter – Quartz

Local:

• Tech firms grow hot, fast and furious – The AFR
• Tough-talking ASIC puts property spruikers on notice at last – The AFR
• Australian business shackled by high labour costs – The AFR
• Treasurers must think bigger on Budget reform – The AFR
• Not everyone can work till they are 70 – The AFR
• 50 million migrants to call Australia home – The Age
• Victoria gets alarm over big borrowing – The Age
• Health costs under microscope – The Australian
• Industry super funds in need of overhaul – The Australian
• Unlocking the funds for innovation – The Australian
• Banks’ housing boost to abate – The Australian
• Get smart or face infrastructure chaos – Business Spectator
• Mining boom a “once-in-a-century” opportunity lost – The Guardian

Other:

• The Pope Just Published One Of The Most Powerful Critiques Of Modern Capitalism That You Will Ever Read – Business Insider
• Here’s why Wall Street has a hard time being ethical – The Guardian