MUST READS Chemical weapons team to leave Syria by Saturday – Reuters Central bankers have given up on fixing global finance – FT India to sell dollars to state oil firms in rupee boost – BBC India might buy gold from citizens to ease rupee crisis – Reuters JPMorgan Bribe Probe Expands as Spreadsheet Is Found – Bloomberg Legal Bills for U.S. Banks May Exceed $100 Billion – Bloomberg Stephen Roach warns of global economic crisis – CNBC San Bernardino bankruptcy gets green light – CNN/Money The erosion of southern Europe – euobserver Fed Gains Nothing With Taper Delay – Bloomberg The Federal Reserve: The Movie – WSJ What The Oil Drum Meant – The Oil Drum
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MARKETS/INVESTING Futures rise ahead of data on jobs and economy – AP Emerging Markets Should Quit Their Whining – Bloomberg Just what will stop the emerging market carnage? – CNBC Central banks assuring markets with low rates guidance – Reuters Emerging market rout is too big for the Fed to ignore – Telegraph Treasuries Decline Before GDP, Jobless Reports – Bloomberg Gold down after 5-day rise as Syria attack concerns ease – Reuters Citigroup Sees Gold at $3,500/oz; Silver Jumping to $100/oz – GoldCore India’s Gold Import Reaches 165 tons in May – Koos Jansen US bear raid on gold and its journey East – Mineweb Carney inspires gold investment – The Real Asset Co.
ECONOMY/WORLD/HOUSING/BANKING Wave of fast food strikes hits 50 cities – CNN/Money Fast food: Would a higher minimum wage mean pricier burgers? – LA Times New Census Numbers Show Recession’s Effect on Families – NY Times Spain’s economic slump longer than thought, but easing – Globe & Mail BOJ policymaker warns emerging markets may see more outflows – Reuters Angela Merkel: Greece should never have been allowed in the euro – Telegraph Regulators Repeat What They Did During the Last Housing Boom – Baseline Scenario Wall Street’s Rental Bet Brings Quandary Housing Poor – Bloomberg Nearly half of homes are purchased in cash – MarketWatch Home values rise, but millions still drown in debt – CNBC Summers Schooled by Rates at Harvard Now Wants Job Setting Them – Bloomberg Yellen Plays Down Chances of Getting Fed Job – WSJ
