Global Macro / Markets:
- IMF cuts world growth forecasts, again – Reuters
- As stocks tumble on the news – Bloomberg
- Nigeria shows Ebola is not unstoppable – FT
- Reason behind the falling emerging markets – ZH
Americas:
- Household debt service ratio at new record low – Calculated Risk
- California housing market is rolling over, signalling top again – ZH
- Q3 corporate earnings season about to begin, roundup here – Reuters
Europe:
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- German industrial production falls sharply – Markit Economics
- Plunging ruble in Russia is damaging foreigners appetite for risk – Bloomberg
- Bank of England says housing boom is over – Business Insider (phew, what a relief – so whats next?)
- Not manufacturing, cratering again Image from Markit
- Russia can’t afford its military spending plan – Business Insider
Asia:
- Mystery of weak Japanese exports – The Economist
- BOJ downgrades economic outlook – FT
- China currency push takes aim at USD – USA Today
Local:
- “Fat, dumb and happy”, “risk averse”, “inefficient innovator” and “oligopoly-impaired” – Australian business culture described perfectly at BS
- Bank reporting season coming up, bears biting but still massive profits – The Age
- RBA won’t mention house prices, or the bubble word – The Age (hear no evil, speak no evil, don’t care about no evil?)
- 20 year decline in science and maths study at Year 12 level – The Age (why bother when there’s no Science Minister, CSIRO slashed and research scientists paid less than a taxi driver? Go to the mines!)
Other:
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- Canberra best place to live according to OECD – NY Times (meanwhile, cattle mutilations are down)
- How to limit your losses when trading – New Trader (good list)
- Piccies from the Paris Car Show – Gizmag (oh la la)