News: 2014-04-05

Why Roku Matters More Than Ever

Londoners Priced Out of Housing Blame Foreigners: Real Estate – Bloomberg

West agonises over Chinese realty binge

Norwegian Skydiver Almost Gets Hit by Falling Meteor and Captures it on Film

Brazil raises key interest rate to two-year high | Reuters

Europe’s banks load up on sovereign debt – FT.com

September Looking Good – Tim Duy’s Fed Watch

“A lot of data will be coming in the door over the next week and a half, culminating in the all-important employment report on Friday, June 5.  I think even a moderately positive run of data will further cement a September shift.  And I think the Federal Reserve would place less weight on a weak employment report than a strong employment report.  The recent pattern of general upward revisions argues for a asymmetrical response.  Moreover, I sense they are wary of being trapped by one weak number – I don’t think they would have expanded QE last September if they knew that job growth for August was 165k rather than the initially reported 96k.  They don’t want to make that mistake again.
Bottom Line:  I think the Federal Reserve is leaning toward a September policy shift.  While it is as always data dependent, I think the data will need to be pretty weak to push the Fed to December. “

BBC News – Will quantitative easing in the eurozone continue the era of cheap money?

High-frequency trading is a blight on markets that the Tobin tax can cure | Business | theguardian.com

Mozilla CEO: The Hounding Of A Heretic, Ctd

Housebuilding boosts construction sector to best levels since 2007 | Business | theguardian.com

Portugal Weighs Risk of Irish Route to Bailout Exit – Bloomberg

Venezuela: A Call for Peace – NYTimes.com

Canada’s job growth almost double forecasts, jobless rate ticks down

How broke couple repaid debts of $127,000 in 4 years | Toronto Star

Ancient stormy weather: World’s oldest weather report could revise bronze age chronology — ScienceDaily

US warns China not to use force in maritime disputes – FT.com

The female face of the crisis quits the spotlight – FT.com

M Stanley hits back over Flash Boys row – FT.com

Why Michael Lewis is wrong

The Perpetual Bubble Economy – NYTimes.com

Larry Summers and Wealth Inequality | House of Debt

5-year-old cracks Xbox One security by discovering simple flaw – GameSpot

Coming to Your Twitter Feed: 15 New Types of Ads – WSJ.com

James Franco admits ‘bad judgment’ after hitting on girl, 17, on Instagram | Mail Online

eBay Adds New ‘Virtual Currency’ Category to US Site

Auto Draft – Real Time Economics – WSJ

Soaring Housing Costs Driving Educated People From Big Cities – Real Time Economics – WSJ

Bond yields to hit fresh lows as world recovery wilts, growls Saxo bear – Telegraph Blogs

Turkish court orders reverse of YouTube ban | The Verge

For which political views should a CEO have to resign?

One For the Doves – Tim Duy’s Fed Watch

ekathimerini.com | Bitcoin firm in Cyprus vanishes after halting operations

ekathimerini.com | Retail sales in Greece slide 1.9 pct in January

Alleged Silk Road owner says he can’t be guilty of money laundering if bitcoin isn't money | The Verge

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