Links 17 January 2014

Sourced from macrobusiness.com.au  

Global Macro / Markets:
  • BNP Derivatives Boss Says Few Banks Making Money in Equities – Bloomberg
  • How the U.S. oil boom is changing the world, in six charts – Washington Post
  • Coming ’oil glut’ may push global economy into deflation – The Telegraph
  • Bernanke: QE worked – The AFR
North America:
  • More Americans Worse Off Financially Than a Year Ago – Gallup
  • Americans’ Satisfaction With Economy Sours Most Since 2001 – Gallup
  • Dallas Beige Book – Dallas Fed
  • Federal Contracts Plunge, Squeezing Private Companies – New York Times
  • Unemployment Claims, CPI, Philly Fed Mfg Survey, Homebuilder Confidence – Calculated Risk
  • The Long-Awaited Housing Recovery – Dallas Fed
Europe:
  • Ford’s pull-out threat on Brexit greatly inflates relevance of dying EU – The Telegraph
  • German Bond Yields Approach Six-Week Low After Inflation Slows – Bloomberg
Asia:
  • ’Airpocalypse’ Smog Hits Beijing at Dangerous Levels – New York Times
  • World’s Biggest Annual Human Migration Begins in China – New York Times
  • China’s Treasury Holdings Climb to Record in Government Data – Bloomberg
  • Chinese Activists Test New Leader and Are Crushed – New York Times
Local:
  • Job Slump Sends Aussie Lower as Rate-Cut Bets Revived – Bloomberg
  • The Straw man in Abbott’s razor gang – Business Spectator
  • Jobs growth worst for 20 years – The Australian
  • Gloomy forecast for Victorian jobs – The Age
  • Jobs disapear in growth crunch – The Age
  • Labour market jitters won’t last – The Australian
  • Budget cuts risks jobless rise – The AFR
  • BCA attacks “passive” industry subsidies - The Australian
  • Urban blight to drive renewal – The Australian
  • The real problem in Australia is an addiction to welfare – The Australian
  • BCA seeks $3 billion sale of Australia Post – The AFR
  • Banks rule as home loan figures hit high – The AFR
  • ATO challenged by weight of bad debts – The AFR
  • Is the skills shortage real or just a ruse to push down wages – The Guardian
Other:
  • New challenge to credit ratings agencies emerges – The AFR

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