The Economist: "Get Ready For A World Currency By 2018"
Via Climateer Investing blog,
Get Ready for the Phoenix
January 9, 1988, Vol. 306, pp 9-10
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Business
"Who Moved My Punch Bowl?"- Morgan Stanley Says A Repricing Of The "Central Bank Put" Is Imminent
Some potentially displeasing "Sunday Start" thoughts to market bulls, from Chetan Ahya, Morgan Stanley's global co-head of economics, who warns that in light of the recent "hawkish tilt" by central banks, the message is clear: "central banks are more watchful of financial stability risks: It is in this context that central banks now appear to be keen to lean against easy financial conditions so as to pre-empt the rise of financial stability risks.
"It's Too Late" - 7 Signs Australia Can't Avoid Economic Apocalypse
Authored by Joe Hildebrand and John Adams via News.com.au,
AUSTRALIA has missed its chance to avoid a potential “economic apocalypse”, according to a former government guru who says that despite his warnings there are seven new signs we are too late to act.
The Hidden State Of Money: Bonds, Bias, & Bullshit
Authored by Jeffrey Snider via Alhambra Investment Partners,
BofA Stunned By Drop In Gasoline Demand: "Where Is Driving Season?"
Exactly six months ago, when oil bulls still held on to some fleeting hope that OPEC may somehow stabilize the crash in oil prices despite the shift in marginal oil production from low-cost OPEC producers to US shale (a hope which is now gone as the just disclosed letter from Andy Hall demonstrates), Goldman noticed something troubling: an unprecedented collapse in gasoline demand.