12 May 2016



Today’s Issue Cluster: Robots

Brazil – Star Rising for Ex-Central Banker Henrique Meirelles
LatAm – Miami Suddenly Has a Glut of Plush Hotel Suites
Fed – Economist Says Stop Relying on Stocks for Recession Signals


MAJOR DATA POINTS

EZ – Mar: Industrial Output Falls Sharply; -0.8% from -1.2% (was -0.8%) / WSJ / B *

US – Apr: Import Prices Rose For Second Month; +0.3% from +0.3% / WSJ

US – Week: Jobless claims hit more than one-year high; +20k to 294k / R / WSJ


MARKETS

Bonds – 100-Years That Pay Peanuts WSJ *

Bonds – Will duration risk rear its head for investors? FT *


ECONOMICS

Brazil – Star Rising for Ex-Central Banker Henrique Meirelles WSJ *

Brazil – 2016 Olympics: not flying down to Rio FT *

Venezuela – Implied default rate is 99% / t *

LatAm – Argentina’s economic rise fuels rivalry with Brazil FT *

LatAm – Collapsing currencies rule out tourism overseas FT *

LatAm – Miami Suddenly Has a Glut of Plush Hotel Suites B *

LatAm – GDP growth forecast for 2016 ft *


POLITICS & FISCAL POLICY

Brazil – Temer Replaces Rousseff FT / R / B / WSJ * *

Mexico – Impatience with Peña Nieto as violence flares FT *


MONETARY POLICY

Fed – Economist Says Stop Relying on Stocks for Recession Signals B *


FINANCE

Brazil – Recession threatens insurers’ growth ambitions B *


REAL ESTATE



LABOR & EDUCATION

EMs – Face credit threat from ageing populations FT *


SERVICES



MANUFACTURING

Robots – Sparking an investment boom FT *

Robots – Investment surge gives US the early lead FT

Robots – Immigrants from the future E *

Robots – Meet the cobots: working with humans FT *

Robots – China’s revolution FT *

Robots – Airbus plans to use on assembly lines with humans FT

Robots – Growbots promise to transform Australian agriculture N / B *

Robots – US researchers at cutting edge with first surgeon AP / FT / E *

Robots – Financial services companies braced for automation FT / NYT *

Robots – Service-sector jobs at risk FT *

Robots – Rich and powerful warn they are coming for your jobs R

Robots – Knowledge Workers Accelerating Despite Automation wsj *


TECH

Telecoms – Tie-up hopes dashed for Europe FT * *

Telecoms – Broadband Data Caps Pressure ‘Cord Cutters’ WSJ *


TRADE & TRANSPORTATION



COMMODITIES



ENERGY & ENVIRONMENT



HEALTH



ENDNOTE

Election Days By Country bm *


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