News: 2013-12-13

Markets

Asymmetrical Bubbles – STA WEALTH

GRAPHIC-Talk of asset bubbles is hot air … mostly | Reuters

These 17 countries may have housing bubbles. If they pop, God help us all.

 

Fed

Fed Scorecard: Where Do Officials Stand on Tapering? – Real Time Economics – WSJ

A taper won’t come cheaply | Capital City | IFRe

Stanley Fisher’s views on monetary policy | FT Alphaville

U.S. Fed Shouldn’t Give Forward Guidance, Former Bank of Israel Head Stanely Fischer Says – Real Time Economics – WSJ

 

Economy/Economics

Robert Shiller’s Favorite Financial Innovation: An IPO For The USA – Forbes

PIMCO | Economic Outlook – PIMCO Cyclical Outlook: Synchronized Optimism

World Led by U.S. Poised for Fastest Growth Since 2010 – Bloomberg

EconoMonitor : EconoMonitor » Krugman and Helicopter Drops

Technology vs globalisation as cause of the declining labour share | FT Alphaville

 

North America

‘Isn’t That What America Is All About?’ – Bloomberg

Pimco sees U.S. growth at 2.25 to 2.75 percent in 2014 | Reuters

Retailers extending Black Friday deals amid lukewarm demand – latimes.com

Startup Offers Same-Day Delivery at Shopping Malls – WSJ.comMan bites dog—US politicians reach agreement

The Biggest Losers – NYTimes.com

Lament of the Plutocrats – Ben White and Maggie Haberman – POLITICO Magazine

Toronto housing prices to double over next 25 years, study predicts | Financial Post

Mexico Congress Approves Oil Bill Ending 75-Year Monopoly – Bloomberg

 

Europe

PIMCO | – Muddling Through: The ‘Realpolitik’of the Eurozone Crisis

Monte dei Paschi Impasse Puts Rescue at Risk – WSJ.com

Euro zone employment shows no change in third quarter | Reuters

VW group sales rise 4.3 percent in November, boosted by China | Reuters

Dismantle the euro, says Nobel-winning economist who once backed currency union – Telegraph

Surprise fall in eurozone industrial output – Telegraph

ekathimerini.com | Greece posts budget surplus in Jan-Nov, in line with targets

BBC News – Iceland jails former Kaupthing bank bosses

finance news