Macrobusiness Weekend Links, 2-3 August

Saturday 2 August 2014

China

Asia

Modi’s move to thwart WTO deal causes confusion (FT.com)
India’s stance on the WTO customs deal is just not cricket. Or maybe it is…? (Quartz)

Europe

Russian assets look cheap, but could get cheaper (FT.com)…a screaming buy already, they will get cheaper…
Europe’s ‘sick man’ France dealt another blow as manufacturing contracts (Telegraph)
Russian groups convert cash reserves (FT.com)
Russia has reserves to ride out sanctions – assuming no panic (Reuters)
Can Investment Save Europe? (Project-Syndicate)
Against the tide: Energy – how will Europe fair? (Euromoney)
Against the tide: QE this year is inevitable (Euromoney)
The spectre of bail-in risk across Europe (Euromoney)
In Portugal, Central Bank Moves to Clean Up Banco Espírito Santo (NY Times)
Ukraine: Can meaningful reform come out of conflict? (Bruegel)
Why Putin Has 2006 Flash Before His Eyes After Sanctions (Bloomberg)

United Kingdom

United States

US recovery rouses inflation concerns (FT.com)
U.S. job growth cools, unemployment rate rises (Reuters)
Inside Investment: Federal Reserve – tiny bubbles in the wine (Euromoney)
Six Charts That Explain the Jobs Report (NY Times)
Steady but Slow Remains the Story of This Recovery (NY Times)
No-Exit Strategy May Be Fed Burden in Unwinding Stimulus (Bloomberg)
U.S. Yield Curve Steepens First Time in Month as Jobs Disappoint (Bloomberg)
The insanity of the US tax code: Bad Laws and Predictable Consequences (Musings on Markets)

Americas

Argentina Default Is Ruled a Credit Event for Swaps (NYTimes)
A Tear for Argentina (Project-Syndicate)
Fed, on Target to End Bond Buying, Stresses Concerns on Jobs Market (NY Times)

Capital Markets

Argentina default triggers swaps payout (FT.com)
Sberbank says sanctions hit global financial system (FT.com)
World is at inflexion point as Fed tightening looms (Telegraph)
RMB as Reserve: Rebalancing the Global Financial System (Caixin)
Credit rating agencies scrambling to keep up with Russia-Ukraine crisis (Euromoney).…I am going as fast as I can…
The Muddled Case of Argentine Bonds (NY Times)…week old, but good read…
Argentine Bonds Decline as Default Triggers $1 Billion of Swaps (Bloomberg)

Commodities

Global Macro

WTO plunged into crisis as doubts grow over its future (FT.com)….an organisation dead in the water…
The Long View: Unsettling creep of policy into price-setting (FT.com)
Impasse at WTO seen as boosting appeal of bilateral deals for China (SCMP)
Russia’s Eurasian Vision (Project-Syndicate)
China’s Victory in Ukraine (Project-Syndicate)
Why Can’t the Banking Industry Solve Its Ethics Problems? (NY Times)

And Furthermore

WHO warns Ebola outbreak spreading beyond control (FT.com)
Berths boom as super-rich rekindle love affair with high-sea luxury (FT.com)…that will happen with global financial repression….
Life on the eve of war: the first truly global financial crisis (Telegraph)…good read…
What’s Almost as Certain as Death? Not Talking About the Inheritance (NY Times) ….it’s almost embarrassing to talk about how one earns money isn’t it? ….
Kids and parents turn to coding to boost college, career prospects (LA Times) …good read.. where does a man pick this up in Oz?…
Mapping the acceleration of Ebola in West Africa in five charts (Quartz)
Middle-Class Death Watch: The Median Household Is Now Poorer Than in 1984 (Slate)
Would a Name Change Help Malaysia Airlines? (Atlantic)
The Economics of Your Face (Atlantic)

Terra Never Been a Better time to buy LaLaLandis

…more to come…