Global Macro / Markets / Investing:
- Why Very Low Interest Rates May Stick Around – NY Times
- High Yield Bond, Leveraged Loan Issuance Stalls As Junk Woes Roil Markets – Forbes
- The Thing to Panic About This Week: Junk Bonds – Gawker
- Investors See Third Avenue Fueling More Bond Market Carnage – Bloomberg
- Beware Energy’s Junk Debt Army – Bloomberg
- Five Mind-Blowing Stats from the Selloff in the Biggest Junk Bond ETF – Bloomberg
- Oil prices drop towards 11-year lows on worsening glut – Reuters
- Oil tumbles towards crisis-era lows – FT
- Never Mind $35, The World’s Cheapest Oil Is Already Close to $20 – Bloomberg
- FTSE hits three year low amid falling oil and Fed Week jitters – The Guardian
- There has been a ’sea-change’ in commodities, and hedge funds have lost $40 billion – Business Insider
Americas:
- How to Stop Turning U.S. Corporations Into Tax Exiles– NY Times, Icahn
- GOP Billionaires Can’t Seem to Buy This Election – NY Mag
- Trump hits a new high in national poll – Politico
- The Mystery of Missing Inflation Weighs on Fed Rate Move – WSJ
- Fed Officials Worry Interest Rates Will Go Up, Only to Come Back Down – WSJ
- Makes You Wonder What The Fed Is Thinking – Economists’s View
- These 5 Facts Explain Why Venezuela Is in Big Trouble—Still – Time
Europe:
- Adjustment in the Euro Area – NY Times, Krugman
- Bank of Russia Critics Now See Wisdom in 2014 Super Rate Raise – Bloomberg
- Denmark offers answer to Cameron’s EU crisis – The Telegraph
- Bank of England deputy vows to ’tread carefully’ on interest rates – The Guardian
- Draghi Says ECB Stimulus Will Raise Inflation Without Delay – Bloomberg
Asia:
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- Hong Kong Property Foreclosures Seen Doubling in 2016 on Economy – Bloomberg
- The China metal exchange at center of investment scandal – Reuters
Local:
- ATO to unveil large business hit list, clamps down on Singapore hubs – Fairfax….an absolute disgrace, particularly from BHP – classic infographic…
- The truth about the budget will be ugly, but it’s what we need – Fairfax, Martin…will it be ugly enough? Can we handle the truth?…
- Climate denial is some people’s religion – Fairfax, Pascoemeter…. good points on climate denial, which Pascoemeter could apply to housing bubble denial too…
- Tony Abbott slammed for political timing of East West Link road cash – Fairfax…TestosterTone is gone but Mr Guyscraper and Mr Porkie still there…
- S. investigates broadcasters in widening FIFA case – Fairfax…could uncle Rupert refuse to be part of the biggest game in town?…
- Treasurer Scott Morrison expected to ‘take out the trash’ in MYEFO budget update – ABC…he needs a skip…
- GrainCorp moves to expand Canadian presence through joint venture with Japanese-owned Zen-Noh Grain Handling – ABC
- Australian dairy and wine brands targeted by ‘trademark squatters’ in China – ABC
- Woolies, Coles, Aldi caught up in child labour scandal – Fairfax…yuck…
- The stealth tax slugging Australians while we debate GST – Business Spectator
- Deficits fuel $600bn debt nightmare – The Australian
- Public service spends $10b on consultants – Fairfax
- Budget tipped to take further hit – Fairfax
- Tail wags dog of childcare subsidies – The Australian
- Students to drive apartment demand – The AFR
- Housing prices expected to rise between two and five per cent, says Domain – The AFR
- Morrison to target welfare, health cuts – The AFR
Other: