Links 5 June 2014

Global Macro / Markets:

• Oil Prices to Fall This Summer, Says the Smart Money – The Street
  
• Welcome To The New “Yield Hunger Games” – Zero Hedge

North America:

• What Q2 GDP Rebound? Trade Deficit Soars To 2 Year High – Zero Hedge
• Fed officials growing wary of market complacency The Wall Street Journal – Market Watch
• Home prices may be rising, but most Americans don’t think the housing crisis is over – Wall Street Journal
• US Finally Adopts Basel II Rule…So Now What? – White Case
• House prices & class struggle – Stumbling & Mumbling

Europe:

• Germany Launches Investigation into NSA Spying – Der Spiegel
• Is Ukraine More Like Latvia or Greece? – Foreign Policy

Asia:

• Times Coverage of Tiananmen Square 25 Years Ago – New York Times
• Tiananmen Square, the Turning Point That Wasn’t – New York Times
• Far From Beijing, Jaded Students Inspired to Protest – New York Times
• How Chinese millennials talk about Tiananmen Square – New Republic
• China Mulls Offshore Yuan Gold Trade in Free Trade Zone – Bloomberg
• A Reality Check on China’s Plans for a Carbon Cap – New York Times
• China cuts coal intake, weighs carbon emission cap – The AFR

Local:

• Our addiction to cheap money must have an end – The AFR
• The genius of Clive Palmer – The AFR
• Super funds to look more like insurance firms – The AFR
• BHP retrenches 100 in iron ore unit – The AFR
• Rio boss upbeat on iron ore price rebound – The Australian
• No panic on iron ore: WA – Business Spectator
• Minimum wage to rise by $18.70 a week – The AFR
• Fair Work: inequality behind rise – The Guardian
• No need to review low wage levels – The Australian
• Victoria on brink as Labor vows to expel maverick MP – The AFR
• Growth spurt hides weakness – The AFR
• Banks may charge more to handle cash: RBA – The AFR
• Jobs hope in buoyant economy – The Australian
• Union membership at record low – The Australian
• Don’t trash research fund – The Australian
• Howard rebukes PM on fairness – Canberra Times
• Hockey seizes on surge in economy – Canberra Times
• Melbournians ‘taking bait’ on house prices – The Age
• Australia: we’re suffering a reality gap – The Age
• A focus on GDP misses the bigger picture – Business Spectator
• 25 years to pay-off student debts – The Guardian

Other:

• Financial regulation, complexity and innovation – BIS
• Uber Anxiety – New York Times
• Being overeducated in your first job hurts you later in your career – VOX