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Tuesday, August 20

20th Aug - US Close





Previously on MoreLiver’s:

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Roundups & Commentary
Markets – Between The Hedges
The Closer – alphaville / FT
US: Surprising Late-Day Slump Extends Dow To 5-Day Losing Streak – ZH


EUROPE
Euro area adjustment in a low inflation environmentBruegel

Good news from the Eurozone … or is it?The Conversation

UNITED STATES
Will Fed Minutes Support Market Expectation of September Taper?WSJ

White House wants pushover bubble-watching Fed chair who would be fun to have a beer with during a crisisalphaville / FT

Learn to stop worrying and love (moderate) inflationNoahpinion
The Federal Reserve's unprecedented programs of Quantitative Easing have not, as many predicted, resulted in substantially increased inflation. But I view this as a failure of the policy, not a success.

Tomorrow's Fed MinutesBespoke
So far in 2013, days where the Fed has released the minutes from a prior meeting have not exactly been positive for the market.

Chart du jour, Bernanke’s record on inflation editionalphaville / FT

OTHER
EM Bond Snapshot - August 2013Danske Bank (pdf)

CAPE Goes GlobalLong Short / FT
US has the most overpriced stock market on the planet, and several Asean markets entered the summer looking overpriced. Most of the rest of the world looked cheap (which makes sense given the continued bearishness and uncertainty post-crisis), while the most compelling value opportunities are in Greece and the rest of peripheral Europe, more surprisingly Austria, and intriguingly Japan. China and Brazil also look cheap on this metric

10 top global commodity trading firms: Smart money or bad boys?All About Alpha

FINNISH
Asuminen käy yhä raskaammin lompakollesi – eikä loppua näyVerkkouutiset

Synkeä ennuste: Palvelujen kasvu jää nollan vaiheille tänä vuonnaVerkkouutiset

Valtiomiesharha ja leikkaustalkootJussi Nuortimo

Poliittinen journalismiSaloniemi
Yle Uutiset julkaisi oikein pääuutisena gallupin, minkälaisiin rakenteellisiin uudistuksiin suomalaiset olisivat valmiita. Lista olikin vallan kattava:

Onko pääkaupunkiseudulle syntymässä asuntokuplaa?Lars Stormbom / Piksu
Onneksi ei asunnon ostaminen ole omalla kohdalla ajankohtaista. Sjoitusasuntoihin en tällä hetkellä uskaltaisi tarttua pihdeilläkään.

Kauppinen, töihin. Rehnilllä on asiaa.Juhani Huopainen / US Puheenvuoro