25 September 2014



Today’s Issue Cluster: Student Debt

China – To Open Stock Trading; Investors Lay Groundwork
Cybersecurity – New ‘Bash’ software bug may pose bigger threat than ‘Heartbleed’
Demog – China: Baby Boom Wagers Go Bust on Child Cost Burden


MAJOR DATA POINTS

US – Aug: Durable Goods Orders Fall on Planes; -18.2% from +22.5% / WSJ / R / B / AP

US – Week: Jobless Claims Rise; +12k to 293k / WSJ / B / R / cr *


MARKETS

Bonds – Junk Investors Start to See Warning Signs WSJ * *

Bonds – Europe’s Junk Market Gets a Risk Reminder WSJ

Bonds – Chinese borrowers break new ground FT


ECONOMICS

China – Ponders Slow-Growth Dilemma WSJ

China – To Open Stock Trading; Investors Lay Groundwork NYT

China – Tech Factories Turn to Student Labor WSJ *


POLITICS & FISCAL POLICY



MONETARY POLICY

PBOC – China Considers Replacing Central Bank Head WSJ *


FINANCE

China – PBOC Struggles as Borrowers Hold Back WSJ *

China – Big Four Banks May Ease Mortgage Policies B / WSJ


REAL ESTATE

China – Home Prices Weaken Further WSJ / R *

China – Property Investors Make Big Bets Overseas WSJ *


SERVICES

Retail – Chinese Are Traveling More, Shopping Less WSJ *


MANUFACTURING



TECH

Cybersecurity – Home Depot Was Hacked by Previously Unseen ‘Mozart’ Malware WSJ

Cybersecurity – New ‘Bash’ software bug may pose bigger threat than ‘Heartbleed’ R


TRADE & TRANSPORTATION

Delivery – Postal Service Seeks to Extend Grocery Service WSJ

Delivery – Deutsche Post DHL to Ship Medicine via Drone WSJ / R *


COMMODITIES

Salmon – Top Chefs, Grocers Choose Farmed Fish WSJ * *

Salmon – Mitsubishi to Buy Producer for $1.39b NYT


ENERGY & ENVIRONMENT



LABOR & EDUCATION

HigherEd – Student Debt: Defaults on Federal Student Loans Decline WSJ *

HigherEd – Student Debt: Takes a Bite Out of More Paychecks WSJ *

HigherEd – Student Debt: Takes a Toll on Some Home Buyers WSJ *

HigherEd – Student Debt: Student-Loan Straitjacket WSJ *

HigherEd – Student Debt: Families Borrow Less for College WSJ *

HigherEd – Student Debt: Smaller Share Working Their Way Through School wsj * * *

HigherEd – Student Debt: Causes and consequences ft *

HigherEd – Student Debt: States with highest levels wapo *

HigherEd – Student Debt: Obama Takes Steps to Ease Burden NYT / AP / R / B

HigherEd – Student Debt: College Tuition Costs Soar B *

HigherEd – Student Debt: For Some Graduates, College Isn’t Worth It WSJ *

HigherEd – Student Debt: A Tough Lesson for College Textbook Publishers WSJ *

HigherEd – Student Debt: Efforts to Curb College Costs Face Resistance WSJ *

HigherEd – Student Debt: ‘Business bout to experience a welcome earthquake’ E * *

HigherEd – Student Debt: Law Schools Boost Enrollment After Price Cuts WSJ *

HigherEd – Student Debt: A College Degree Pays Off Far Faster Than It Used To wsj *


HEALTH

Demog – China: Baby Boom Wagers Go Bust on Child Cost Burden B


ENDNOTE

World median ages gp *


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