Links 16 June 2014

Global Macro / Markets:

• Counting the long-term of the financial crisis – The Economist
• Macro hedge funds boost equity exposure to highest in 3 years – ZH
• US petroleum production hits 40 year high – FT
• US to evacuate Iraqi embassy – NYT

Americas:

• Stanford follows Princeton to offer loans to parents – nuts – Bloomberg
• FOMC will vote for more tapering this week – Calculated Risk
• Can’t have wage spiral without wages: Krugman – NYT

Europe:

• Ukraine president calls for new sanctions – FT
• Ukraine/Russia hold last minute gas talks before deadline – Reuters

Asia:

• China displays worlds largest conventional submarine – Diplomat
• China housing slump sparks fears for wider economy – Gulf News
• China ramps up tensions with Japan – Diplomat
• Chinese power consumption up – Reuters
• Australia buys up, enters Asian arms race (very sad news) – Fairfax

Local:

• Oxfam says increasing gap between rich and poor – Fairfax
• $50 billion in gas projects at risk – Business Spectator
• Working age Aussies less dependent on welfare – Smage
• Benefits of decade long boom were shared – Business Spectator
• NZ banks continue raising rates – interest.co.nz
• History to repeat with new bubble in NZ property? – interest.co.nz
• Retiring at 70 will be very tough, 60 is too tough for many – Fairfax

Other:

• Notes from “The Discplined Trader” – great summary – Traderly Scholar
• World Cup mystery: why is China so bad at soccer? Time
• Why boarding schools produce bad leaders – Guardian
• USN developing laser weapons for Marines – gizmag
• How to watch every World Cup match in Oz – gizmodo