Links 26 September 2014

Global Macro / Markets / Investing:

• Bush 2.0 – what everyone thinks of Obama – Business Insider (The Economist front page is a laugh!)
• Economics may finally be changing – Reuters (taken enough times and ruined lives to do it)

Americas:

• Romney looking at 2016 campaign – Business Insider (are you f’in kidding me?)
• Apple leads major falls in US stocks – FT
• Obama sides with predatory college lenders again – Naked Cap (again, this is our education future?)
• Is this what spooked markets? Fed says rates may rise sooner than later – Reuters
• That and durable goods orders was smashed – Zero Hedge
• Weekly unemployment claims rose, but trend is still down – Calculated Risk

Europe:

• Weak lending equals more stimulus says consensus – Reuters
• UK finally mulling a land tax system – FT (zero to buckley chance, but theres hope still)
• As the UK budget meltdown widens – The Economist (and most revenue comes from slim, protected pickings)
• Asset backed indolence – The Economist slams ECBs latest plan
• Fallout from Scot vote continues – FT (have another crack!)

Asia:

• Bad loans rising in China – Beyondbrics
• China’s state role in the economy has to reduce – The Diplomat
• China fakes at least $10billion in trade – Zero Hedge
• Corporate saving in Asia reducing investment opportunities – The Economist

Local:

• Here comes the asset selling as WA budget hole widens – Business Spectator
• Home loan LVR limits may not work says RBA – AFR (since we’ve tried EVERYTHING else….)
• Weaker economy to curtail Melbourne house price growth – AFR (Spring! Spring spring spring!)
• CSIRO scientists in contention for Nobel Prize – The Age (so let’s cut their funding ok?)
• FOFA reforms on ticking deadline – The Age
• The Australian continues its front page terror campaign – Im sure there’s news somewhere else in that rag…maybe

Other:

• F-35 to be ready next year says Lockheed Martin – Reuters
• Wall Street allows non-ideas and coin-tossers to succeed at massive cost to society – Michael Lewis (he’s right unfortunately)
• Can they be beaten with Twitter trading? NYT (maybe)
• France to adopt plain tobacco packaging – FT (surprised at this!)
• Financial media wake-up call – Reformed Broker (a good read this)
• Aston Martin Vantage V12S – AFR (oh yeah – its a Jizz Machine!)