Links 29 May 2014
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Global Macro / Markets:
- Goldman Blames Fed For Creating “Abnormal” Trading Enviornment – Zero Hedge
- Nasdaq Nears 13-Year High as Tech Goes From Hated to Loved – Bloomberg
- Lagarde and Carney let fire at financial sector – Financial Times
North America:
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- Stanley Fischer sworn in as member of the Board of Governors of the Federal Reserve System – Federal Reserve
- Canada’s Pitch to Tech Entrepreneur: We’ll Pay 80% of Your Salaries – Wall Street Journal
- Defining Blight in Detroit – New York Times
- One Of America’s Dirtiest Coal Plants Had Some Dire Predictions. It Was Wrong – Huffington Post
- 7 Million People Earn America’s Other Minimum Wage: $23,660 – Wall Street Journal
- From Germany to Mexico: How America’s source of immigrants has changed over a century – Pew Research
- Why Have Americans Stopped Moving? – Bloomberg
Europe:
- French unemployment total hits new record high – The Guardian
- EU should stop worrying about deflation – Financial Times
- London’s Dirty Secret: Pollution Worse Than Beijing’s – Bloomberg
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Asia:
- China’s very success could cost the regime dearly – Financial Times
- The slump in China’s property market is getting worse despite government efforts to help – Wall Street Journal
- Yuan and gas will fire up China’s next boom – The AFR
Local:
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- Westfield deal teeters on edge of failure – The AFR
- Blame the bickering on free uni – The AFR
- Five ways the government could make the GP fee work – The AFR
- No experience an obstacle in local shipbuilding – The AFR
- Coalition attacks Budget scares – The Australian
- Public service costs hit $57 billion – The Australian
- Jobless lose out to migrant force – The Australian
- “Scrap the efficiency dividend” – Canberra Times
- ACT stays firm on tram line – Canberra Times
- ABC job cuts to begin within weeks – Canberra Times
- Greens stand firm on Budget – The Guardian
Other:
- Google’s New Self-Driving Car Ditches the Steering Wheel – Recode.net
- Why Google Made Its Self-Driving Car So Darn Cute – Tech Crunch
- The Economists FT Relied On For Its Thomas Piketty Takedown Don’t Buy It – Huffington Post
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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.
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