Linkfest: BNP fine raises prospect of trade war; US workers put in longer hours for low pay; A gender diversity fund?
Categories: Linkfest
Today’s most shared:
- France threatens trade war over BNP fine.
- Foundation of US growth is smaller working population working longer hours for no increase in pay.
- Is a fund composed of companies vetted by gender diversity a good idea?
- How the Beige Book was invented to get regional Fed officials to shut up about what their local crones were telling them about the economy.
- Some Republicans question free-market fundamentalism, Tea Party tenets. But not the ones at risk of primary challenges.
- Fed may shun Basel III in favor of stress tests, to banks’ dismay.
Paris trade talks threat over US BNP fine
Financial Times
France on Tuesday warned of potential consequences for transatlantic trade talks if the US pushed ahead with a $10bn-plus fine for BNP Paribas, the country’s biggest bank.
shared by Naked Capitalism, @Ian_Fraser, @moorehn
Financial Times
France on Tuesday warned of potential consequences for transatlantic trade talks if the US pushed ahead with a $10bn-plus fine for BNP Paribas, the country’s biggest bank.
shared by Naked Capitalism, @Ian_Fraser, @moorehn
Growth Has Been Good for Decades. So Why Hasn’t Poverty Declined?
New York Times
Low-income workers are putting in more hours on the job than they did a generation ago — and the financial rewards for doing so haven’t increased.
shared by Naked Capitalism, @tomkeene, reddit/Economics, @moorehn, @Richard_Florida
New York Times
Low-income workers are putting in more hours on the job than they did a generation ago — and the financial rewards for doing so haven’t increased.
shared by Naked Capitalism, @tomkeene, reddit/Economics, @moorehn, @Richard_Florida
Sallie Krawcheck Opens an Index Fund Focused on Women
New York Times
Sallie Krawcheck’s organization, 85 Broads, is changing its name to Ellevate and will team up with Pax World Management to offer an index fund.
shared by @HamzeiAnalytics, @ReformedBroker, @EpicureanDeal
New York Times
Sallie Krawcheck’s organization, 85 Broads, is changing its name to Ellevate and will team up with Pax World Management to offer an index fund.
shared by @HamzeiAnalytics, @ReformedBroker, @EpicureanDeal
The Republican Case Against Republican Economics
New York Times
Reformers are beginning to question the party’s free-market orthodoxy.
shared by @ritholtz, @MarkThoma, @mark_dow
New York Times
Reformers are beginning to question the party’s free-market orthodoxy.
shared by @ritholtz, @MarkThoma, @mark_dow
No Need to Read the Fed’s Beige Book if You Read This Instead
New York Times
The Federal Reserve will release the Beige Book economic survey Wednesday, as it does eight times each year. It’s akin to asking your uncle about the economy.
shared by reddit/Economics, @kairyssdal, @pdacosta
New York Times
The Federal Reserve will release the Beige Book economic survey Wednesday, as it does eight times each year. It’s akin to asking your uncle about the economy.
shared by reddit/Economics, @kairyssdal, @pdacosta
Fed’s Fisher wants October end to QE3; sees no 2014 rate hike
Reuters
Richard Fisher, one of the Federal Reserve’s most ardent policy hawks, said on Tuesday he would favor ending the U.S. central bank’s massive bond-buying program in October.
shared by @TFMkts, reddit/Economics, @SaraEisen
Reuters
Richard Fisher, one of the Federal Reserve’s most ardent policy hawks, said on Tuesday he would favor ending the U.S. central bank’s massive bond-buying program in October.
shared by @TFMkts, reddit/Economics, @SaraEisen
Fed Officials Growing Wary of Market Complacency
Wall Street Journal
Federal Reserve officials, looking out at mostly calm financial markets, are starting to wonder whether tranquility itself is something to worry about.
shared by @markgongloff, @HamzeiAnalytics, @mccarthyryanj, @BCAppelbaum
Wall Street Journal
Federal Reserve officials, looking out at mostly calm financial markets, are starting to wonder whether tranquility itself is something to worry about.
shared by @markgongloff, @HamzeiAnalytics, @mccarthyryanj, @BCAppelbaum
Fed may shun global risk rules banks spent billions to meet
Reuters
The Federal Reserve may scrap international measures aimed at assessing bank health in favor of imposing its own rules, frustrating bankers who have spent billions of dollars
shared by @NickTimiraos, @GTCost, @Alea_, reddit/Economics, Naked Capitalism
Reuters
The Federal Reserve may scrap international measures aimed at assessing bank health in favor of imposing its own rules, frustrating bankers who have spent billions of dollars
shared by @NickTimiraos, @GTCost, @Alea_, reddit/Economics, Naked Capitalism
JPMorgan Sees Record $100 Billion in Loan Funds
Bloomberg
The business of bundling junk-rated corporate loans into top-rated securities is booming like never before after the implementation of regulation aimed at making the financial system safer.
shared by @nasiripour, @ThemisSal, @eisingerj, @moorehn, @Kiffmeister
Bloomberg
The business of bundling junk-rated corporate loans into top-rated securities is booming like never before after the implementation of regulation aimed at making the financial system safer.
shared by @nasiripour, @ThemisSal, @eisingerj, @moorehn, @Kiffmeister
Obama’s Next Fed Fight
New Republic
Why Michael Barr will be just as unacceptable to progressives as Larry Summers.
shared by @felixsalmon, @delong, Naked Capitalism, @davidmwessel
New Republic
Why Michael Barr will be just as unacceptable to progressives as Larry Summers.
shared by @felixsalmon, @delong, Naked Capitalism, @davidmwessel
Krugman Condemnation of Sweden Triggers Riksbank Review Talk
Bloomberg
Sweden is considering a more rigorous oversight of its monetary policy two months after Nobel Laureate Paul Krugman lambasted the nation’s central bank for failing to stave off the threat of deflation.
shared by @EddyElfenbein, @mark_dow, reddit/Economics
Bloomberg
Sweden is considering a more rigorous oversight of its monetary policy two months after Nobel Laureate Paul Krugman lambasted the nation’s central bank for failing to stave off the threat of deflation.
shared by @EddyElfenbein, @mark_dow, reddit/Economics
Merkel eyes IMF’s Lagarde for EU Commission chief: sources
Reuters
German Chancellor Angela Merkel has asked France whether it would be willing to put forward International Monetary Fund chief Christine Lagarde as president of the European Commission.
shared by @SonyKapoor, @OpenEurope, @spignal, @johngapper, @jsphctrl
Reuters
German Chancellor Angela Merkel has asked France whether it would be willing to put forward International Monetary Fund chief Christine Lagarde as president of the European Commission.
shared by @SonyKapoor, @OpenEurope, @spignal, @johngapper, @jsphctrl
Europe remains a jobless swamp, despite the Spanish miracle
The Telegraph
Congratulations to Spain. King Phillip VI will take over a country that created 198,000 jobs in April, the best single month since the glory days of the property boom in 2005. There is a very long way to go.
shared by Credit Writedowns, @edwardnh, @EconBrothers, @mhewson_CMC
The Telegraph
Congratulations to Spain. King Phillip VI will take over a country that created 198,000 jobs in April, the best single month since the glory days of the property boom in 2005. There is a very long way to go.
shared by Credit Writedowns, @edwardnh, @EconBrothers, @mhewson_CMC
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