8 December 2014



Today’s Issue Cluster: US Labor

Fed – Simulations Call for Rate Hikes Soon
Greece – Best GDP Performer In Third Quarter
Oil – Shipping Can Thank Opec for $29b in Savings


MAJOR DATA POINTS

Japan – Q3: GDP Worse Than Initially Reported; -1.9% was -1.6% / WSJ / R / B / AP *

China – Nov: Export growth slows; +4.7% from +11.6% / WSJ / R / FT / B / NYT *

Germany – Oct: Industrial Output Expands Less Than Expected; +0.2% from +1.1% / WSJ / AP / B de *


MARKETS

Stocks – Consumer Stocks Draw Fans as Oil Sinks WSJ *

Stocks – ‘Sizing Up the New Tech Bubble’ Bn * *


ECONOMICS

Greece – Turns Triumph Into Tragedy WSJ *

Greece – Hopes of waving goodbye to bailout appear to be dashed FT

Greece – Great Depression / B *

Greece – Best GDP Performer In Third Quarter / b *


POLITICS & FISCAL POLICY

Australia – Faces Painful Choices in Economic Slowdown WSJ *


FINANCE

Australia – Review promises shake-up of banks FT / WSJ / ABC / SMH *


MONETARY POLICY

Fed – Bullish employment report puts Yellen under spotlight R / B

Fed – Hiring Picks Up Broadly, but Wages Growth Is Muted WSJ / R / B

Fed – Stresses Data Over Dates as Case for Rate Increase Builds B

Fed – Inflation Below 2% Target for 30th Consecutive Month wsj / R *

Fed – Simulations Call for Rate Hikes Soon wsj *


REAL ESTATE



SERVICES



MANUFACTURING



TECH



TRADE & TRANSPORTATION



COMMODITIES

Sugar – US Soars Above World Prices WSJ *

Hazelnuts – Stir Trouble in the Land of Sweets WSJ *


ENERGY & ENVIRONMENT

Oil – Saudi Arabia Cuts Prices WSJ *

Oil – Extreme bears bet on $40 FT

Oil – Poll: To rebound to $80 next year R *

Oil – More than $150b of projects face the axe in 2015 R *

Oil – Falling Prices Spur New Bets on Global Economic Growth WSJ / B *

Oil – Who Should Be Thankful For OPEC’s Decision? IBD

Oil – Small Drillers Feel Brunt of Crude’s Decline WSJ *

Oil – Leniency expected from creditors FT *

Oil – Will Cheap Prices Lead to Big Mergers? WSJ *

Oil – Shipping Can Thank Opec for $29b in Savings B *

Oil – US reserves at highest since 1975 FT / IBD *


LABOR & EDUCATION

US – Heads for best jobs growth year since 1999 FT / WSJ / AP / B / R / NYT *

US – 321k job adds / r *

US – Unemployment holds at 5.8% / r *

US – Discouraged down, UE duration up, participation rate steady / r *

US – Unemployment by race, ethnicity / r *

US – November Jobs Report / wsj * * * * * *

US – Visualizing Recovery, State By State wsj *

US – Number Starting and Quitting Jobs Highest in More Than Six Years wsj * *

US – New Jobs Worry: Workers Staying Put WSJ *

US – Men Make Employment Gains NYT *

US – Nearly half of new federal employees are military veterans E *

US – Growth Benefits Spread B *

US – Millennials Role in Labor Force Overstated wsj * *

US – Are Wages Finally Snapping Back? wsj / B *

US – Falling Wages at Factories Squeeze the Middle Class NYT *

US – Minimum wage fight hits the streets of nearly 200 cities R *


HEALTH



ENDNOTE

James Bond finally falls for a woman his own age wapo *


Comments are closed.