Global Macro / Markets / Investment:
- ETFs to play main role in next financial crisis as liquidity worries rise: FT (Free to read – good read too)
- The money multiplier myth that won’t die: Cullen Roche (again, solid read as always)
- Oil drop could put energy groups into liquidation: FT
- 5 stories to watch in 2016: UN Dispatch (good news about the Guinea Worm, well done Jimmy Carter!)
- Wall Street in 2016 – what could go wrong? Reuters
- Warm weather – is it El Nino or AGW? Bloomberg (a bit of both?)
Americas:
- US holiday consumer orgy retails sales up nearly 8% says Mastercard: Reuters
- Trump is an insult to voters, says New Hampshire GOP leader: IBTimes (ahh, democracy bought and sold)
- US dominates worldwide arms trade, over 50% of sales: DodBuzz (ahh, military industrial complex – just smell those “freedom” dollars!)
- Coal baron in “more than personal war” with President Obama over destruction of his industry: ZeroHedge
- Puerto Ricos debt trap – its broke: Project Syndicate
- Sikhs still under attack because Americans think they’re Muslim: WP (littering and…littering and… stupid)
- Two blows against illiberal democracy in South America: Project Syndicate (good read here, some worrying parallels with Straya)
Europe:
- The systemic roots of Russia’s economic recession: Bruegel
- Russia’s year of economic crisis begins – Moscow Times
- Cars and pizza ovens targeted in Italy’s war on air pollution: Bloomberg (No Ferraris or pizza? Mamma Mia!)
- Europe takes eight years to get back to pre Great Recession GDP levels: The Economist (but not unemployment, which matters more than “unreal” real GDP)
- The Fascism of the Affluent in Europe: Project Syndicate
- Still don’t know what weapons the Paris attackers used and why thats important: WP (Really? not sure)
- The $1,100 monthly cheque basic income program in Berlin – will it reduce incentive to work: LATimes (no…)
- Germany’s response to refugee crisis – hire more teachers? Quartz (those crazy Chermans, listen to the Aussies and hire more guards, build prisons for children and create paramilitary police forces instead.)
Asia/Middle East:
Advertisement
- LCD prices fall on demand drop and Chinese supply glut: Nikkei Review (hmmm.. time to upgrade methinks)
- Chinese renminbi and US dollar outflow = weaker Yuan? Maybe not: Economonitor
- Saudis finally realise they can’t print Petrodollars to fund their failed barbaric State: Bloomberg (crying into my coffee here)
- More on the “radical” budget and overhaul of the wasteful welfare: ZH
- Steel prices to plummet in 2016 as China doubles down on exports: IB Times
- Chinese want Phillipines out of Spratly Islands as they flex muscle in South China Sea: IB Times
- China finally admitting its statistics are “unreliable” and why this matters: WP
- Japan approves record defence budget: The Diplomat (TLDR: actually not rising, due to Okinawa costs but there is a stronger emphasis on East China Sea deployments. This and South China Sea are hotting up!)
Local:
- Where the jobs will be in 2016: AFR
- 2015 won’t be Australia’s hottest year on record after all, but only just: AFR (it’s freezing up here on the Sunshine Coast, what happened to summer?)
- Sydney property prices to fall in 2016: FT (locked but a good read and obvious)
- Aussie dollar forecast to tumble in 2016: The Age (you don’t say)
- Doctors question Medicare cuts timing during slow Xmas season: The Age (new low for Turnbull government here for mind, the Americanisation of healthcare rolls on, sans Abbott)
- Abbott to PM: tackle unions – The Oz’n’Chips (Australia to Abbott. Shut up, retire and do charity work or something)
Other:
- Vintage Porsches are the next blue chip classic cars to buy: Bloomberg (964 model is my fave of the pre-water cool era)
- You take so much from Wikipedia and it asks so little in return: Quartz (I donate every year – have you? Its one of the worlds most wonderful, unpolluted resources. Please donate a few dollars today if you can)
- Photos inside evil villain’s lair revealed! No, its Elon Musks Gigafactory: Business Insider
- Hillary Clinton most admired woman in US again: Quartz (I don’t get this..what about Elizabeth Warren or Malala Yousafzi or . US media really have captured her “brand”)
Video of the Day: how to do the holochess sequence in the new Star Wars film
Advertisement