A slightly salted view of society

Sourced from macrobusiness.com.au &nbsp 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 Annua...

Sourced from macrobusiness.com.au Global Macro / Markets: Interest rates don’t matter? Federal Reserve paper says so – CNBC The one thing commodity experts agree on – The AFR The age of imbalances has ended – The AFR North America: US retail Sales increased 0.2% in December – Calculated Risk One in four Obamacare enrollees are young adults. That’s below the target – Washington Post Seven Nobel Laureates Endorse Increase in U.S. Minimum Wage – Bloomberg Canada’s Housing Bubble Threatens Economy – Wall Street Journal $1.1 trillion spending bill unveiled – Politico The winners and losers of the new spending bill – Washington Post Europe: Scandinavian Debt Crisis Waiting to Happen Puzzles Krugman – Bloomberg Danish Banks Face Tougher Credit Rules to Tackle Record Debt – Bloomberg Russia expels US journalist David Satter without explanation – The Guardian Has Europe left the debt crisis behind as growth returns – You Tube Why Britain shouldn’t pin its energy hopes on ...

Sourced from macrobusiness.com.au Global Macro / Markets: Federal Reserve Said to Probe Banks Over Forex Fixing – Bloomberg Basel Regulators Ease Leverage-Ratio Rule for Banks – Bloomberg Is Gold About To Move Higher? – jerrykhachoyan.com North America: Banks Seek to Limit Volcker With Challenge to Meaning of ‘Own’ – Bloomberg Yield-hungry investors snap up US homeless bond – Financial Times Businesses have new reasons to accelerate spending this year – Wall Street Journal The behavioral economics behind Americans’ paltry nest eggs – Quartz Weak US jobs data challenge the Fed – Financial Times Europe: Euro-Zone Tensions Flare at U.S. Economics Gathering – Wall Street Journal Investors are turning back to euro-zone bonds, leading countries’ borrowing costs to fall – Wall Street Journal Treasury gives debt pledge on Scotland – Financial Times IMF adds four European countries to financial risk list – The AFR Asia: Rising rates will help cure China’s credit addicti...

sourced from macrobusiness.com.au Global Macro / Markets: 10 Reasons the Gold Bugs Lost Their Shirts – Bloomberg 10 Reasons Barry Ritholtz Is Wrong About Gold – Reuters What Alan Greenspan Has Learned Since 2008 – HBR Bravo for Bernanke and the QE Era – Wall Street Journal Baltic Dry Index Collapses 35% – Worst Start To Year In 30 Years – Zero Hedge See? Even Warren Buffett’s Favorite Stock Market Measure Says Stocks Are Wildly Overvalued… – Business Insider A Group Of Miners Has Exposed One Of Bitcoin’s Fatal Flaws – Business Insider The Americas: US jobs growth weakest in three years – The AFR Janet Yellen: The Sixteen Trillion Dollar Woman – Time Study Suggests Recovery in U.S. Is Relatively Vital – New York Times FOMC Minutes, December 17-18, 2013 – Federal Reserve The BLS Jobs Report Covering December 2013: A Bad Report – Correntwire.com Hilsenrath Analysis: Job Report Alone Unlikely to Alter Fed’s Course – Wall Street Journal December Employment Report: 74,0...

Via Macrobusiness.com.au Global/Macro/Markets The State Of The Global Economy In Two Giant Slides – BI Bank of America Merrill Lynch slashes gold call to $1,150 and warns it could get uglier - Market Watch Blameless Blackrock - Reuters Debt Rule Faces Dilution as Regulators Heed Bank Warnings – Bloomberg The most damning critique of DSGE – noahpinion Baltic Dry Index Collapses 35% – Worst Start To Year In 30 Years – ZH The Loopholes In The Volcker Rule – Forbes. Wall Street Predicts $50 Billion Bill to Settle U.S. Mortgage Suits -NYT Australia & New Zealand Telstra eyes $3bn Sensis sell-off – AFR APRA announcement on DSI-B framework – The Age Olympic Dam gaffes leave miners unsure of PM – AFR State of the economy in 15 charts – Business Day Telstra fined $500k for urban phone line delays – The Age , The OZ New home sales surge on unit developments – ABC Tony Abbott compares secr...

via macrobusiness.com.au Global/Macro/Markets Diogenes never met Joe Weisenthal - The Money Illusion The World Economy’s Shifting Challenges by George Soros – Project Syndicate Michael Sandel: The Moral Limits of Markets – Naked Cap 2014 Predictions from Some of the Smartest Market Watchers – Yahoo IMF paper warns of ‘savings tax’ and mass write-offs as West’s debt hits 200-year high – Ambrose “The Biggest Redistribution Of Wealth From The Middle Class And Poor To The Rich Ever” Explained… – ZH Australia & New Zealand Reckless travellers could be charged – SMH , TheOz NSW govt extends $7000 relocation grant to renters -AFR Criminals are driving alcohol policy: AHA – TheOz Household wealth hits new record – AFR Federal spending falls 6 per cent: Finance – AFR Offshore buyers push commercial sales to record - AFR Europe Spain’s Rajoy: ’2014 will be a better year’ - EuroNews The gates are open – The Economist Merkel Clashes with EU Commission – Speigel ...