I am still off for a few days for personal reasons but here are some links I have been tracking over the past few days. These are by no means comprehensive but I think they are newsworthy.
Edward
BBC News – Gold price falls below $1,200 an ounce
This is from last Friday.
How Next Debt-Ceiling Fight Could Play Out – WSJ.com
Looking at September to November time frame
Manufacturing grows in June, but hiring down: ISM | Reuters
Manufacturing activity grew in June, rebounding from an unexpected contraction the prior month, but hiring in the sector was the weakest in nearly four years, an industry report showed on Monday.
Sober Look: New threats to China’s property bubble
BlackRock Gold & General fund feels the hit as bullion price falls – Telegraph
Apple paid no UK corporation tax in 2012 – Telegraph
Historic Mistake Watch – NYTimes.com
Global Bonds Dive for Second Month as Stocks Lose $2.7 Trillion – Bloomberg
Franzosen räumen ihre Schweizer Konten – News Wirtschaft: Konjunktur – tagesanzeiger.ch
China manufacturing index hits nine-month low – HSBC – Telegraph
The best Android apps to use with Feedly
With journalism persecuted, U.S. is at event horizon to police state – Falkvinge on Infopolicy
How the Fed lost control of short term interest rates | Gavyn Davies
Stephen Roach: Fed’s Response to Market Selloff ‘Pathetic’ and ‘Embarrassing’ – MoneyBeat – WSJ
WikiLeaks Volunteer Was a Paid Informant for the FBI | Threat Level | Wired.com
NSA collected Americans’ email records in bulk for two years under Obama | World news | The Guardian
Law enforcement demands smartphone ‘kill switch’ – NBC News.com
Encryption Has Foiled Wiretaps for First Time Ever, Feds Say | Threat Level | Wired.com
Chart of the day, Fed-tightening edition | Felix Salmon
Ireland risks slip from EU poster boy to problem child | Reuters
Fed bond-buying could be more aggressive than new timeline: Dudley | Reuters
U.S. charges Chinese wind company with stealing trade secrets | Reuters
Japan prices stop falling but BOJ inflation goal seen a tall order | Reuters
Don’t Panic as Bond Market Ship Not Sinking, Pimco’s Gross Says – Bloomberg
Fed’s Dudley: Markets Wrong to Think Tighter Policy Coming Soon – Real Time Economics – WSJ
30-Year Mortgage Rate Posts Largest Weekly Increase Since 1987 – WSJ.com
Student-Loan Rates Set to Double Unless Congress Acts – Bloomberg
Irish economy officially slumps back into recession – Independent.ie
Expectations were for an increase of 0.3%. This is a big miss. Now remember, Ireland is the poster child for austerity within the euro zone.
Bottom Is Falling Out of Copper Prices – WSJ.com
“Copper’s world is coming apart. The price has fallen 16% so far this year and is 34% below February 2011’s all-time closing high.”
Ecuador waives U.S. trade rights over Snowden case | Reuters
Barnes & Noble abandons Nook tablets after heavy losses – Telegraph
This is all Amazon’s doing. Amazon is a leading purveyor of margin compression in every category they compete in. This kind of competition is what is coming to mobile soon. Think PC Clone wars revistied.
Dish T-Mobile Bid Seen as Ergen’s Last Resort: Real M&A – Bloomberg
BBC News – Denver’s hot housing market burns first-time buyers
BBC News – Sprint Nextel shareholders approve SoftBank bid
“Japan’s SoftBank will become one of the world’s largest mobile operators after shareholders in Sprint Nextel backed its revised bid for a 78% stake in the business. “