Global Macro / Markets:
- Gold bulls retreat their positions Bloomberg
- How low can gold go? Barry Ritholz
- What the world can learn from Australian banks – FT Alphaville (TLDR: be lazy and do home loans only, pay staff peanuts)
- Ebola effecting cocoa prices – Bloomberg (actual headline is tasteless)
- Emerging markets swing to new structure in commodities – FT World (very good piece on complexity of this puzzle)
- Has QE actually worked at all? Martin Wolf (always good reading)
Americas:
- US banks hold nearly $2 trillion in Treasuries – Bloomberg
- As 95% of corporate profits going towards share buybacks – Reuters (not a good sign, shows execs wedded to bonuses, not investment)
- more on buybacks from Bloomberg
- Hewlett Packard to break into two WSJ
- Feds release new sexy labour market indicator Calculated Risk
Europe:
Advertisement
- UK service sector growth falls – BBC
- Germany’s reliance on Russian gas is falling (but coal use is up) The Economist
- ECB still in stitches about what assets to buy Reuters
Asia:
- Life in China growing up with no siblings – Business Insider
- Is HK still China’s Golden Goose? Forbes
- China’s anti-corruption crackdown doomed to fail? The Diplomat
Local:
- Budget facing big offshore hit – BS
- Useless debate on IS airstrikes effectiveness – The Age (my title, not their leading question)
- Glencore to merge with RIO? The Age
- RE agents reckon RBA is taking heat out of market – The Age (oh, the horror!)
- The Australian keeps attacking religious freedom, here and here (tolerance not on the radar, just hypocrisy)
- RBA tipped to hold fire on rates, but change language – AFR
Other:
Advertisement
- Renewable energy prices dropping fast – Ramez Naam
- Can Bitcoin bring about a free banking revolution – Philosophical Economics
- What can we learn from low periods of volatility – The Fed (Ask Mr Minsky)
- Goodbye gun control – 3d printing machine for guns for $1200 – ZH (America, f#^k yeah!)