16 November 2015



Today’s Issue Cluster: World Economy & Security

China – Bond Investors Bet on Bailout
World – Negative Interest Rates the Next Time Economies Slump
Rail – Canadian merger efforts separated by a year of change


MAJOR DATA POINTS

Japan – Q3: Back Into Recession; -0.8% from -0.7% / WSJ / FT / NYT / R / B / AP *

EZ – Oct: Inflation up; +0.1% from -0.1% / eu *


MARKETS

China – IMF: Yuan Should Be a Reserve Currency WSJ / FT / NYT / AP / B / WSJ / b *

China – Changes Its Currency-Market Ways WSJ *

China – Capital flows turn positive on improved renminbi outlook FT *

China – The Dollar-Debt Time Bomb WSJ *

China – In Crackdown, It’s ‘Kill the Chicken to Scare the Monkey’ WSJ

China – Stock Connect Hasn’t Tapped Into Foreign Money WSJ *

China – Bond Investors Bet on Bailout WSJ *


ECONOMICS

World – G-20 Faces Dwindling Capacity to Spur Souring Growth WSJ *

World – G-20 Leaders Set to Approve Overhaul of Corporate-Tax Rules WSJ *

World – Gap in bond yields reflect views on diverging economies FT * *

World – Map of Debt / vc *

World – Countries by GDP Sector Composition / reddit *


POLITICS & FISCAL POLICY

Paris Attacks – Short-term market drop likely AP

Paris Attacks – Investors scramble for haven assets FT

Paris Attacks – Global stocks fall AP

Paris Attacks – Airlines tumble AFP

Paris Attacks – Limited economic fallout, say analysts FT

Paris Attacks – Spur fresh calls for new EU border controls FT *

Refugees – Attacks Transform Debate WSJ / FT

Refugees – Merkel looking vulnerable FT


MONETARY POLICY

World – What Happened When Fed Last Diverged With Europe B * *

World – Negative Interest Rates the Next Time Economies Slump B *

World – As Fed Pulls Back, ECB and BoJ Add Trillions cfr *


FINANCE

World – Banking under attack on all sides FT * *

World – Popularity of industry plummets among MBAs FT * * *

World – Top MBA graduates are shunning banking for jobs in tech FT * *

World – Traditional talent pool dries up for hedge funds FT *

World – Alternative groups seize business from lenders FT * *

World – Lenders face mortgages challenge from P2Ps FT *


REAL ESTATE



LABOR & EDUCATION



SERVICES



MANUFACTURING



TECH

Tech – Unicorns face end of the ‘steroid era’ FT * *

Tech – Giants Tighten Grip on Internet Economy WSJ *


TRADE & TRANSPORTATION

Rail – CP/NS merger faces ‘very high hurdles’ WSJ / B / B / FT / NYT / G&M

Rail – Canadian merger efforts separated by a year of change FT * *

Rail – The World’s Fastest Train Could Be Headed to Washington B *


COMMODITIES



ENERGY & ENVIRONMENT



HEALTH



ENDNOTE

The world’s most accurate pie chart t *


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