22 September 2015



Today’s Issue Cluster: Health Tech

Australia – Down, under
Canada – Rebranding the economy in the wake of the oil slump
Silicon Valley – Economic Indicator: Caltrain Ridership


MAJOR DATA POINTS

US – Jul: FHFA House Price Index Up; +0.6%, +5.8% yr / cr *


MARKETS

Bonds – Bigger, Riskier and More Fragile Than Ever WSJ *

Bonds – Some Funds Are Not as Liquid as They Appear WSJ *

Bonds – Debt Investors Wary as Offerings Fuel Buybacks WSJ *

Bonds – It’s Party On in Credit Markets B * *


ECONOMICS

Australia – Down, under ft *

Canada – Rebranding the economy in the wake of the oil slump G&M *


POLITICS & FISCAL POLICY



MONETARY POLICY



FINANCE

Canada – The impact of loan losses may be overblown FT *


REAL ESTATE

Australia – Crackdown on Foreign Property-Buyers Intensifies WSJ

Canada – Vancouver house prices jump 20% G&M *


LABOR & EDUCATION



SERVICES



MANUFACTURING

Autos – VW: 11m Cars Worldwide Are Affected NYT / WSJ / FT / WSJ / FT

Autos – VW: CEO is about to be fired R

Autos – VW: $51m in green subsidies for ‘clean’ vehicles LAT

Autos – VW: Scandal set to choke diesel car industry FT / FT

Autos – VW: Choking on the fumes WSJ / NYT / AP / R / FT / WSJ * *

Autos – VW: Reels from US allegations of emissions cheating FT * * *

Autos – VW: Emissions Test Scandal Spreads to Europe WSJ *


TECH

Silicon Valley – China Seeks Out Unlikely Ally: U.S. Tech Firms WSJ / R

Silicon Valley – EU: Internet Rules Don’t Discriminate Against US WSJ

Silicon Valley – Can Germany Beat the US to the Industrial Internet? BW

Silicon Valley – Economic Indicator: Caltrain Ridership wsj * *

Silicon Valley – This is nuts. When’s the crash? ft * *


TRADE & TRANSPORTATION



COMMODITIES

Diamonds – Miners cut through China fears FT

Diamonds – Lower Prices Could Be a Lasting Affair WSJ / AFP * *


ENERGY & ENVIRONMENT

Oil – Falling production is underpinning US prices R * * *

Oil – ‘Drillers Are Drowning in Debt’ B *

Oil – Drillers Idled US Rigs for Third Week / b *

Oil – Speculators Most Bullish in Two Months B *

Oil – China Is Hoarding B * *

Oil – China’s outsize crude imports throw traders for loop N * *


HEALTH

Tech – Australia Looks to Health Care to Remedy Doldrums WSJ *

Tech – The ‘Golden Age’ for Stocks Could Be Nearing an End WSJ

Tech – New Cardiac Devices Get Investors’ Hearts Pumping IBD

Tech – Startups Vie to Build an Uber for Health Care WSJ *

Tech – Dozens of mergers are side effect of health-care law WSJ *

Tech – Investors grow more sceptical of extravagant deals FT * *


ENDNOTE

When to Send and Not Send Email staples *


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