Econintersect: Click Read more >> below graphic to see today’s list.
The top of today’s reading list discusses why there are so many job openings and so few hirings …….. and the last article aks if a housing bubble has peaked in New Zealand.
- With So Many Job Openings, Why So Little Hiring? (Peter Orzag, Bloomberg) Job opening are up 50% but hirings only 5%.
- Why U.S. Workers Are Getting Short-Changed (James Greiff, Bloomberg)
- Bullish Inverse Head & Shoulders About to Push Miners Much Higher? (Chris Kimball, Advisor Perspectives.dshort.com) Chris Kimball has contributed to Global Economic Intersection.
Click on graphic to view complete chart at Advisor Perspectives.dshort.com
- U.S. jobs, inflation data support tapering of Fed bond buying (Lucia Mutikani, Reuters) September taper is still on the table.
- New Rules for Asset Location (Ilana Polyak, Financial Planning) Tax consequences of which accounts hold different asset types have changed.
- The SME demand-side problem (Izabella Kaminska, FT Alphaville) There simply is not enough demand for credit from qualified U.S. small and medium business.
Graph from Cleveland Fed.
- 5 Hybrids that Cost Less than Their Gas-Powered Models (Jerry Kronenberg, TheStreet.com) Included on the list is a 45 mpg Lincoln MKX.
- SF Chronicle said to demolish paywall after four months (Steven Musil, c/net) hat tip to Ben Peterson, Newsana. “The newspaper introduced a new subscription-only Web site in March that charged for access to “premium” stories and columns. But its content is reportedly free now.”
- New App Will Block Texting & Driving (Dianna Dilworth, Mediabistro Appnewser) Hat tip to Russell Huntley who wonders if there will soon be an app that punishes you for not brushing your teeth.
- Have NZ house prices hit the wall? (Unconventional Economist, Macro Business) From the early 1990s to now New Zealand housing national average price is up 320%. The U.S. bubble starting in 1990 to the peak in 2006 rose 280%, according to Case-Shiller Index.
