Pathlight Investors’ Top Recommended Reads - June 2014

  • Posted on: 9 December 2015
  • By: admin

Ready for some more great articles?  Here's our picks for June 2014:  

US housing + HELOCs – the WSJ discusses how US homeowners are tapping into their home equity at a fast pace.  HELOCs jumped ~8% in Q1 Y/Y to $13B – that was the highest amount since ’09 (although the figure remains far below the pre-crisis peak of $113B).  WSJ.   



Obama to unveil new carbon emission rules this Mon; will use his executive authority to cut carbon emissions from the country’s coal fired plants by up to 20%.  “People familiar with the rule say that it will set a national limit on carbon pollution from coal plants, but that it will allow each state to come up with its own plan to cut emissions based on a menu of options” – NYT  


Electric vehicle plan to be announced by 8 states – leaders of 8 large US states plan on unveiling details of a plan aimed at spurring the purchase of ~3.3M “zero emission vehicles” by ’25 – WSJ     


China asks local governments to accelerate spending in an effort to boost growth.  The government is threatening to take back federal money if local municipalities don’t spend it by the end of Sept.  "[Local governments] must speed up spending on infrastructure construction projects and make spending materialize as soon as possible” – WSJ    


China + social media – the government will step up its monitoring of Tencent’s WeChat and other social media.  The leadership is concerned about some of the information that is being circulated on social media platforms – WSJ 

Japan - Shirai said that aggressive monetary stimulus should remain in place well into 2016; she said it would take longer than the BOJ’s current 2-year timeframe to achieve its inflation goal – Reuters r   


And On A Lighter Note…


Texas man still buzzing from 60 espresso shot Starbucks drink: