Econintersect: Every day our editors collect the most interesting things they find from around the internet and present a summary “reading list” which will include very brief summaries of why each item has gotten our attention. Suggestions from readers for “reading list” items are gratefully reviewed, although sometimes space limits the number accepted.
Today our focus “behind the wall” is on the ACA (Affordable Care Act).
- Emerging markets more vulnerable than ever to Fed tightening, warns BIS (Ambrose Evans-Pritchard, The Telegraph) Things are more at risk now than during the 1998 East Asia crisis.
- Bank of England official criticizes go-it-alone approach to global finance (Larry Elliott, The Guardian) Andy Haldane says the lack of co-ordination in dealing with plunging share prices and currency turbulence reflects a failure to learn the lessons of the 2007-09 crash.
- Global PMI roundup (Houses and Holes, Macro Business) Credit Suisse is quoted as saying the drop from 53.2 in December to 52.1 in January represents a decline of one standard deviation, a major move for global outlook.
Behind the wall today are ten articles on the latest news about Obamacare.
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