16 March 2015



Today’s Issue Cluster: Oil

US – ‘Talk of a renaissance in manufacturing is overblown’
US – Many Buyers for Subprime Auto Loan Bundle
US – ‘Labor Slack Is Diminishing’


MAJOR DATA POINTS

US – Mar: NAHB home builder sentiment dips; 53 from 55 / R / B / WSJ *

US – Feb: Industrial Production Up Slightly; +0.1% from -0.3% / AP / WSJ / R *


MARKETS



ECONOMICS

US – Wealth Gains Start to Lift More Boats WSJ *

US – Billion Prices Project: Inflation May Have Turned a Sharp Corner wsj *

US – ‘Digging in for the downturn’ FT * *

US – ‘Talk of a renaissance in manufacturing is overblown’ E *

US – Big Firms Finally Start to Ramp Up Spending WSJ *


POLITICS & FISCAL POLICY

US – The growing size of firms may help to explain rising inequality E *

US – Where to Find the Most Inequality / nyt *

US – Likelihood of crime higher for low-income households wapo *

US – Hispanics: From minor to major E * *

US – Hispanics: Dreaming in English E *

US – Hispanics: Turnout is low, but they are well worth wooing E *

US – Hispanics: Why schooling is critically important E *

US – How the Tally of Illegal Immigrants Adds Up WSJ *


MONETARY POLICY

Fed – Investors in ‘patient panic’ R / WSJ / FT * *


FINANCE

US – Headwinds Keep Blowing WSJ *

US – Beware the Silence of the Banks WSJ *

US – Dodd-Frank reforms face new assault FT

US – Many Buyers for Subprime Auto Loan Bundle NYT


REAL ESTATE

US – CoreLogic: House Prices up 5.7% cr *

US – Household Growth Spurt Helps Homebuilders B *

US – Apartment Investors Turn to Suburbs After Crowding Cities B

US – Tech Firms Buy Up Land WSJ * *


LABOR & EDUCATION

US – Broadest Unemployment Measure ‘Less Rosy’ WSJ *

US – ‘Labor Slack Is Diminishing’ b * * * *


SERVICES



MANUFACTURING



TECH



TRADE & TRANSPORTATION

TPP – Pacific Trade Deal Likely to Have Narrow Reach WSJ / WSJ / NYT / NYT / N *


COMMODITIES

Sugar – Prices Fall to Near Six-Year Low WSJ / Bn

Sugar – Consumption per capita / motw *


ENERGY & ENVIRONMENT

Oil – IEA sees renewed pressure as glut worsens R / WSJ / AFP *

Oil – US Producers Ready New Wave WSJ / NYT *

Oil – US shale industry shows remarkable resilience FT * * *

Oil – Exxon, Shell’s spending patterns may help them through price drop R *

Oil – Red shirts fading, Venezuela’s giant embraces pragmatism R

Oil – ‘History Suggests OPEC’s Days Could Be Numbered’ B * *

Oil – Asian Buyers Seize on Price Spread WSJ *


HEALTH

H5N2 – USDA reports virulent strain of avian flu in Kansas R / AP / R


ENDNOTE

Most Spoken Native American language by state slate *


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