14 April 2015



Today’s Issue Cluster: Alternative Energy

EU – Greece: Poor are back to where they were in 1980
ECB – Data Suggest Stimulus Measures Are Already Bearing Fruit
Copper – New reckoning for miners running in the red


MAJOR DATA POINTS

US – Mar: Retail sales weaker than economists expected; +0.9% not +1.1% / WSJ / R / AP / B *

US – Mar: More expensive gas lifts wholesale prices; +0.2%, -0.8% yr / WSJ / AP / B *

US – Feb: Businesses boosted stockpiles; +0.3% from flat / AP *

US – Mar: NFIB small business confidence falls; 95.2 from 98.0 / R *


MARKETS

Stocks – US companies unleash share buyback binge FT *

Stocks – Fed official warns ‘flash crash’ could be repeated FT

Stocks – Virtu IPO aims to present friendly side of high-frequency trading FT * *


ECONOMICS

EU – Italy: Eases austerity as economy picks up FT

EU – Italy: Investment climate starts to warm FT / WSJ * *


POLITICS & FISCAL POLICY

EU – Greece: Short-term bond yields rise sharply FT *

EU – Greece: Prepares for debt default if talks with creditors fail FT

EU – Greece: Poor are back to where they were in 1980 wapo *


MONETARY POLICY

ECB – Data Suggest Stimulus Measures Are Already Bearing Fruit WSJ / WSJ / WSJ / B *


FINANCE

EU – In Odd Twist, Banks Owe Borrowers WSJ *

EU – European and US bank jobs r *


REAL ESTATE

EU – Property Investors Flock to Warehouses WSJ *

EU – UK: Super-rich shun London over non-dom plans FT / FT

EU – UK: Greystar to Buy Student-Housing Portfolio WSJ *


LABOR & EDUCATION

EU – Germany’s Rising Wages Bode Well for Global Economy WSJ *

EU – Huge Gulf In Labour Costs statista *

EU – Record Tide of Refugees Expected to Strain System WSJ / FT / WSJ / AP *


SERVICES



MANUFACTURING



TECH

Chips – Activist shareholder puts pressure on Qualcomm WSJ / WSJ / WSJ / FT / NYT / B * * *

Chips – The PC Box Closes In on Intel WSJ *

Chip – Gear Makers Look Less Fab WSJ *


TRADE & TRANSPORTATION



COMMODITIES

Copper – Market divided as industry gathers in Chile FT *

Copper – New reckoning for miners running in the red R *

Copper – Chile mines turn to the Pacific for water R / r
Top producing countries; Million tonnes, 2014 *
Distribution of copper deposits *
Estimates of copper deposits; Million tonnes, 2013 *


ENERGY & ENVIRONMENT

Alt – World: Plummeting prices are boosting renewables E *

Alt – World: Gets 22% of Electricity From Renewable Energy wsj / gp * * * *

Alt – Germany: Renewables take top spot FT / G&M * *

Alt – Germany: Expensive Gamble on Renewable Energy WSJ / FT * * * *

Alt – US: Yieldcos Turn Wind, Solar Energy Into Income Vehicles IBD

Alt – US: Solar and wind start to outshine gas NYT / FT

Alt – Japan: ‘Still not seeing the renewable light’ N / AP *

Alt – Australia: Green energy outcry as Abbott unpicks policy FT * * *

Alt – Storage: The $5b Race to Build a Better Battery B *

Alt – Storage: Energy for a Rainy Day, or a Windless One NYT

Alt – Storage: Company to store energy in balloons under Lake Ontario FP *

Alt – Storage: Using Molten Aluminum Lakes BW *


HEALTH



ENDNOTE

Colors of the most powerful right-wing parties of Europe reddit *


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