Today’s Issue Cluster: US Real Estate
Fed – Rate hike fears make Asia vulnerable to capital outflows
Auto – Driving is making a comeback in the US
Diamonds – Uncertain future for global trade as profits vanish
US – May: Consumer Spending Rises; +0.9% from +0.1% / AP / B / R / WSJ *
US – Week: Jobless Claims Tick Up; +3k to 271k / WSJ / AP / B
Euro – Greek drama poses long-term risk FT * *
Euro – Paradox Lies at Heart of Eurozone’s Plight WSJ *
Fed – Rate hike fears make Asia vulnerable to capital outflows N / N *
Fed – Warning signs are already popping up as the rate hike looms N * * * *
Pensions – OECD warns over solvency as low rates bite FT *
Pensions – Hedge-Fund Bet Hits Portfolios WSJ *
US – New and Existing Home Sales at Multi-Year Highs WSJ / WSJ / WSJ *
US – Call It a Comeback for Risky Home Buyers WSJ
US – More Renting, and Paying More, as Homeownership Falls NYT *
US – Middle-Aged Americans Causing Red-Hot Rental Market B *
US – Housing Recovery Leaving Poorer Neighborhoods Behind WSJ
US – Architecture Billings increase / cr *
US – Investors Gird for Storage Wars WSJ *
Retail – Ahold, Delhaize Agree to a Merger WSJ / FT / NYT / WSJ * * *
Retail – Wal-Mart’s Big Box Shows Cracks WSJ *
F&B – Trouble Brews for ‘Imported’ Beers Made in US WSJ *
F&B – Will the Corona Flow Fast Enough to Meet Demand? WSJ *
F&B – Carlsberg beats foreign brewers to Myanmar N *
F&B – BRICs have significant increases in alcohol consumption / b *
F&B – Campus bottled water ban didn’t work aei
F&B – Nestlé Taps Into Bottled Water On-Demand WSJ *
Auto – Driving is making a comeback in the US r * *
Auto – Drivers Log Record Miles Sending Gasoline Imports Higher B *
Truck – ATA Index increased 1.1% in May / cr *
Diamonds – Uncertain future for global trade as profits vanish R
Diamonds – Producers Form Group to Fight Synthetics WSJ
Diamonds – Japan’s exports surge to record levels N *
Shale – Boom Sends Propane Prices to 13-Year Low B *
Shale – Propane Prices Feel Heat of Supply Glut WSJ *
Shale – ‘US Industry Could Be Swallowed By Its Own Debt’ B
Shale – Refracking: Act Two for the Revolution b *
Shale – UK Panel to Decide on Fracking WSJ / WSJ / FT *
H5N2 – Egg report reveals depth of impact of bird flu AP / q *
MERS – SK Retailers Pinched NYT
Medical Gloves – Share valuations of world’s top makers surge R *
Best-selling beers in the world bi *
