23 December 2015



Today’s Issue Cluster: Shale

World – Prospects still slim for major pickup
Diamonds – De Beers Shuttering Canada Mine
Air – Companies in South China See Opportunity in Beijing’s Smog


MAJOR DATA POINTS

UK – Q3: Economic Growth Weaker Than Expected; +0.4% was +0.5% / WSJ *

US – Nov: New home sales rise 4.3%, momentum slows; 505k from 470k / R / WSJ

US – Nov: Consumer Spending Rose; +0.3% from +0.4% / WSJ / B / AP / R

US – Nov: Capital Goods Orders Drop; -0.4% from +0.6% / B / AP / WSJ / R

US – Dec: UMich Sentiment Highest Since July; 92.6 from 91.3 / WSJ


MARKETS

World – Oil Bettors Seek Safety in Proxies WSJ *


ECONOMICS

World – Prospects still slim for major pickup R * *

World – Economy grew by 2.7% / E *

World – A Little More Inflation Would Be Good for Everyone B *

World – Poverty has fallen below 10% for the first time bi / A * *

World – Relative economic impacts of water insecurity / bm *


POLITICS & FISCAL POLICY



MONETARY POLICY



FINANCE

World – Thousands more bank jobs under threat FT / FT *


REAL ESTATE



LABOR & EDUCATION



SERVICES



MANUFACTURING



TECH



TRADE & TRANSPORTATION

Delivery – USPS on Track to Gain Larger Share of Holiday Market WSJ *

Delivery – Amazon Seeks to Ease Ties With UPS WSJ *


COMMODITIES

Diamonds – Festive season will have to go well to brighten outlook FT *

Diamonds – De Beers Shuttering Canada Mine B *

Diamonds – Why It’s So Hard to Put a Price on the Biggest B *


ENERGY & ENVIRONMENT

Shale – USGS Doubles Barnett Reserves Estimate TT

Shale – Clues to future lie in Permian basin FT *

Shale – ‘Producers Drool Over West Texas Tiramisu’ B *

Shale – Biggest US gas field finally succumbs to downturn R *

Shale – Gas Driller Hits a Gusher—and Sinks Its Own Stock WSJ *

Shale – IEA: Opec Strategy Hurts Output But Doesn’t Lift Prices WSJ *

Shale – Low commodity prices have failed to gut US oil FT *

Shale – ‘OK Earthquakes Are a National Security Threat’ B / NYT *

Shale – Banks (So Far) Escape Bust BW *

Shale – EU gas exploration on ice as boom turns to bust FT

Shale – Dozens of companies awarded UK fracking licences FT / FT / R *

Shale – A Saudi fracking boom could be a tectonic shift G&M

Shale – China needs more than goals to tap gas n *

Sands – ‘Now a Weakness, Not Strength’ B *


HEALTH

Air – China Faces Balancing Act to Reduce Pollution WSJ *

Air – Companies in South China See Opportunity in Beijing’s Smog NYT / NYT * *

Air – New diesel car sales banned in Delhi as pollution war intensifies FT


ENDNOTE

76 Viral Images From 2015 That Were Totally Fake giz * * *


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