8 February 2016



Today’s Issue Cluster: US Labor

Fed – The Probability of Negative Rates Is on the Rise
Ship – Financial distress as dry bulk crisis deepens
Fish – California Calls In the Fish Matchmaker


MAJOR DATA POINTS

Japan – Dec: 18th Straight Current-Account Surplus; +¥961b / B

India – Q4: Growth better-than-expected; +7.3% from +7.7% / AFP


MARKETS

EMs – Bond Investors Head to Mexico WSJ *

EMs – Central Banks Battle Capital Flight WSJ *


ECONOMICS

Asia – Surging household debt FT *

Asia – Evolving place in the world N *


POLITICS & FISCAL POLICY



MONETARY POLICY

Fed – Jobs Report Keeps March Rate Increase in Limbo WSJ

Fed – Can Find Positives in Details of Jobs Report B * * *

Fed – January Jobs: Right Number at Wrong Time WSJ *

Fed – Investors Cast Wary Eye on Rate Increases WSJ *

Fed – Striking Capitulation in the Futures Market / b *

Fed – The Probability of Negative Rates Is on the Rise B *


FINANCE

EMs – Lending comes to halt FT *


REAL ESTATE



LABOR & EDUCATION

US – Jobs resilient despite global headwinds FT / wsj * *

US – Unemployment-to-Population Ratio vs. Unemployment Rate / b *

US – Lost Oil Jobs Are a Drag b *

US – Unions Added to Ranks in 2015 But Failed to Gain Market Share WSJ *

US – Union membership in WI plummets in wake of GOP measures JS *


SERVICES



MANUFACTURING



TECH



TRADE & TRANSPORTATION

Ship – Financial distress as dry bulk crisis deepens FT

Ship – China Cosco Expected to Kick Off Further Consolidation WSJ *

Ship – US Spends on River Fixes, Even as Coal Traffic Dwindles WSJ *

Ship – SK Firm Fights to Stay Afloat in Global Storm WSJ *

Ship – Panama Canal expansion to be complete by end of June AFP / R *


COMMODITIES

Fish – Salmon leaps past shrimp FT *

Fish – A tale of two fisheries FT * *

Fish – Congress insists on labels for GM salmon FT

Fish – Restaurants Cast a Wider Net for Sustainability NYT

Fish – California Calls In the Fish Matchmaker NYT

Meat – Global changes in consumption / NatlGeo *


ENERGY & ENVIRONMENT



HEALTH



ENDNOTE

A history of the Fed funds rate since 1979 t *


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