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Noteworthy New – June 24, 2013

Economy:

How Technology Is Destroying Jobs – MIT Technology Review

Emerging Markets, Hitting a Wall – New York Times

IMF warns US economic recovery has been slowed by ‘ill-designed’ cuts – The Guardian

 China braces for capital flight and debt stress as Fed tightens - Telegraph

Increasing Bond Yields Risk Debt Spiral in U.S., Japan, BIS Says – Bloomberg

Markets:

Asian Futures Signal Extension of Fed Rout as Gold Sinks – Bloomberg

Shale gas won’t stop peak oil, but could create an economic crisis – The Guardian

China Money Rates Retreat After PBOC Said to Inject Cash – Bloomberg

 

Politics:

Why So Many Americans Are Leaving the U.S.—in 1 Big Chart – Atlantic

State pensions in America: Ruinous promises – Economist

Obama hints at Bernanke’s 2014 exit – USA Today

Central banks told to head for exit – Financial Times

President Bullard’s Comments on Recent FOMC Actions – St. Louis Fed

 

Banks:

Deutsche Bank Leading Wall Street Rental Loans: Mortgages - Bloomberg

BofA Gave Bonuses to Foreclose on Clients, Lawsuit Claims – Bloomberg

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Posted in Economics, Markets, Media, Politics.


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