Roundups &
Commentary
News – Between
The Hedges
Markets – Between
The Hedges
Recap – Global
Macro Trading
The Closer – alphaville / FT
US: Stocks Close At Another All-Time High On Lowest Volume Day Of Year –
ZH
EUROPE
The Eurozone is on the verge of repeating Japan's
lost decade – Sober
Look
Who pays the bills in a banking union? – euobserver
European Bankers Earning Over €1 Million
Revealed – WSJ
a report released
Monday by the European Banking Authority.
Mariano Rajoy, the slush fund, and a ticking
time bomb… – The
World / FT
UNITED STATES
Bernanke’s Testimony to Be Released Early – ZH
Investors will have a
full hour to digest Fed Chairman Bernanke's testimony to Congress before U.S. stock markets open Wednesday, the House
Financial Services Committee said.
QE’s Fiscal Benefits Outweigh Any Fiscal Costs – PIIE
Bernanke is likely to
get some critical questions from members of Congress when he testifies on
Capitol Hill this week. One of the easiest for him to address is whether
quantitative easing (QE) poses a risk to the Fed’s balance sheet.
The One Chart Explanation Behind Ben Bernanke's
"Open Mouth Operation" Scramble – ZH
Fed’s Tarullo: Policy to Remain Accommodative – WSJ
ASIA
China's GDP growth in recent decades has been impressive, but also, as former
Premier Wen Jiabao put it, "unstable, unbalanced, uncoordinated, and
unsustainable." With growth slowing, China must now adopt a more sustainable model that
focuses less on GDP and more on fostering innovation and competition.
The Chinese Slowdown, in Charts – WSJ
FINNISH
Mitä
asuntokuplaan vaaditaan? – Henri
Myllyniemi / US Puheenvuoro
EU
kiertää sääntöjään – Risto
Pennanen / TalSa
Pk-yritysten luottojen yhteistakaus ja
arvopaperistaminen vesittäisivät tavoitteen parantaa luottoriskien
hinnoittelua.
"Euroopan
Unioni loppuisi" – Verkkouutiset
Ville Sipiläisen mukaan ehdotetussa
järjestelmässä, jossa ylijäämäisiä kansantalouksia verotetaan ja verotulot
siirretään alijäämäisille kansantalouksille, ei olisi järkeä.