Tuesday, October 7, 2014

General Economics

CNN Money | The Shanghai Free Trade Zone is a dud
When it opened one year ago, the Shanghai Free Trade Zone was hyped as a laboratory for economic reform that would help push China into a new golden age of prosperity.
Bloomberg | U.S. Home Heating Costs to Fall in Milder Winter
U.S. households will see heating costs drop this winter as milder weather reduces demand, the Energy Information Administration said.
Market Watch | IMF again slices global growth view on Europe, Japan woes
Stagnation in Europe and a weaker-than-forecast recovery in Japan has led the International Monetary Fund to again cut its global growth outlook, according to forecasts released Tuesday.
Market Watch | Home-price growth hits slowest pace in nearly two years
Home prices eked out a slim gain in August, restraining annual growth to the slowest pace in almost two years, according to data released Tuesday.

Econ Comments & Analysis                                                                                            
Wall Street Journal | Unrealistic Green Expectations
The Rockefeller Brothers Fund, and heirs to the Rockefeller fortune, recently pledged to divest fossil-fuel holdings, joining endowed institutions, local governments and wealthy individuals representing over $50 billion in assets.
Market Watch | Lew: U.S. cannot be world's only engine of growth
The U.S. economy alone cannot propel the global economy forward, Treasury Secretary Jacob Lew said Tuesday.
CNN Money | 'Mediocre' growth plagues world economy
The record is stuck. The world economy will grow by just 3.3% in 2014, little changed from last year, or the year before that.
NBER | The Bond Market: An Inflation-Targeter's Best Friend
This paper explores the relationship between inflation and the existence of a publicly-traded, long-maturity, nominal, domestic-currency bond market.

Wall Street Journal | Wall Street Journal and Absolute Strategy Unveil New Economic Indexes
Absolute Strategy Research and the Wall Street Journal announced Tuesday the release of a new set of monthly economic indexes designed to track major national economies and the global economy.