Posts from Monday Sep 9 2013

The Closer


– How robots can serve a growing senior populationRead more

Next stop, dishwashers

Okay, don’t just think ‘Oh, Goldman are trying to wring a few last drops of revenue from the EM story…”

Instead, click to enlarge. Read more

State and local, post office, and federal US government jobs, charted

 Read more

Guest post: China’s unbalanced growth compared with Japan and South Korea

Economic commentators have often expressed concerns that economic growth in China is unbalanced, with an unsustainable reliance on investment-driven growth. Here, we make comparisons with two other Asian economies, and look at the evidence for a counter-argument that the imbalance merely reflects a shift from an agricultural, rural economy to a more productive and urban economy. Read more

Markets Live: Monday, 9th September, 2013

Live markets commentary from 

The (early) Lunch Wrap

GSK seals £1.35bn sale of Lucozade and Ribena || Benign inflation adds to sense Chinese economy recovering || PetroChina trading suspended || US investors pile into European equities || Europe bond rush brings in $29bn || Vickers calls for doubling of bank capital levels || Neiman Marcus up for sale with $6bn price tag || Japan’s second quarter economic growth revised up || Japan anticipates Olympic boost, but Fukushima shadows linger || Hedge funds cut back on fees || Peña Nieto waters down Mexico tax reforms || South Korea probes three foreign brokerages including Goldman || Markets Read more

Further reading

Elsewhere on Monday,

– A history of processed food.

– When you take out the outlier month in part-time jobs.

– Hyperinflation in Syria. Read more

The 6am London Cut

Markets: Asian stocks rose, with Japan’s benchmark index reaching a one-month high, and the yen weakened after Tokyo was selected to host the 2020 Olympics. Metals rallied and the won gained on improving Chinese exports and easing concerns over a reduction in U.S. stimulus. (Bloomberg) (Financial TimesRead more