29 September 2015



Today’s Issue Cluster: China Economy

Pot – More College Students Use Marijuana Daily
Truck – Movement by shippers toward long-term contract business
Oil – Europe’s gasoline-heavy refiners see profit in VW scandal


MAJOR DATA POINTS

US – Jul: Case-Shiller home price growth steady; +5.0% yr from +5.0% yr / R *


MARKETS

China – Renminbi creeps closer to global reserve status FT

China – Money supply growth dwarfs the rest of the world FT * * *

China – Debt Market Heats Up WSJ *

China – Bubble Stocks: The Latest Multi-Billion-Dollar Mirage WSJ

China – Becomes Asia’s Biggest Securitization Market WSJ *


ECONOMICS

China – GDP set to slide in third quarter FT *

China – What if the underlying figures are reliable? FT * * * *

China – Industrial profits victim of stock collapse; down 8.8% / b *

China – Consumption boom is not enough to succour the world economy E *


POLITICS & FISCAL POLICY



MONETARY POLICY

RBI – Rajan Faces Pressure to Cut Again B *

RBI – India to stand firm in face of pressures B * *

RBI – India slashes rates by 50 basis points FT / WSJ / AP / B / TOI


FINANCE

China – PBOC Official Promotes Accelerated Financial Reform WSJ


REAL ESTATE



LABOR & EDUCATION



SERVICES

Pot – More College Students Use Marijuana Daily WSJ *

Pot – Silicon Valley’s hot new sector FT * *


MANUFACTURING



TECH

China – After Alibaba IPO, Cracks Appear in Country’s Tech WSJ *


TRADE & TRANSPORTATION

Truck – ATA Index decreased 0.9% cr *

Truck – Movement by shippers toward long-term contract business WSJ

Truck – Makes a Comeback, but Small Operators Miss Out WSJ *


COMMODITIES

Sugar – Brazil: An Emerging Debacle WSJ * *

Salt – China Struggles to Shake Up Monopoly WSJ *


ENERGY & ENVIRONMENT

Oil – Lid on Prices Refuses to Budge WSJ *

Oil – Shell abandons contentious Arctic exploration FT / WSJ / NYT * * *

Oil – Shell’s Arctic defeat ends dream of new frontier FT * * *

Oil – Europe’s gasoline-heavy refiners see profit in VW scandal R *

Oil – China Is Sitting on an Ocean of Diesel Fuel B * *


HEALTH



ENDNOTE

World cannabis laws am *


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