Global Macro / Markets / Investing:
- Hedge Funds Close Doors, Facing Low Returns and Investor Scrutiny – New York Times
- Hedge funds’ conspiracy of mediocrity keeps fees high – Fortune
- Nobel Winner’s Math Is Showing S&P 500 Unhinged From Reality – Bloomberg
- Human Stock Pickers Gain Against Indexes – Wall Street Journal
- When Central Bankers Whisper Secrets – Bloomberg
North America:
- Many on Wall Street Say It Remains Untamed – New York Times
- Wall Street Is Back, Almost as Big as Ever – New York Times
- The Puzzle of Weak First-Quarter GDP Growth – FRBSF
- Fed clash over seasonal adjustment impact on GDP numbers – Market Watch
- U.S. Might Be Stuck With Slow Growth – Bloomberg View
- Los Angeles Raises Minimum Wage to $15 an Hour – New York Times
- Debt-Choked Puerto Rico at Fiscal Brink as Bond Buyers Pull Back – Bloomberg
- Once a sure bet, taxi medallions becoming unsellable – USA Today
Europe:
- Deutsche Bank fires warning shot over UK vote on EU exit – Financial Times
- Merkel Said to Plan Address for Greece If Deal Reached – Bloomberg
- ECB’s Coeuré Worried By Speed, Not Size, of Bond Slide – Wall Street Journal
- Greek Endgame Nears for Tsipras as Bank Collateral Hits Buffers – Bloomberg
- How binding is the zero lower bound? – European Union
Asia:
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- China gets serious about reflation – Financial Times
- Tiger Cubs Lead Hedge-Fund Stampede Into China’s Red-Hot JD.com – Bloomberg
- Despite tension, Xi says U.S.-China relations are stable – Reuters
- The Worrying Rise of Anti-China Discourse in the US – The Diplomat
- Charged With Graft in China, Some Fugitives Are Finding Luxury in U.S. – New York Times
Local:
- Swingers easing back to Abbott government – Canberra Times
- Fair Work Commission battles own workers – Canberra Times
- Dishonest to resist curbs on spending and oppose higher taxes – Canberra Times
- Budget changes rip retirement plans to shreds – The Age
- ‘We can’t afford it’: Labor to declare war on super tax breaks – The AFR
- Labor locks in super election battle – The Australian
- The LNG plan that could save Santos $6b – The AFR
- Iron ore sheds 3.5% as declines accelerate – The AFR
- Uber drivers to charge GST and join ‘Tony’s tradies’ – The AFR
- Government set to reveal plans for Australian shipping overhaul – The ABC
- Shipping shake-up ‘to boost choice’ – The Australian
- Rail track sale will ‘lift costs’ – The Australian
- The crippling cost of energy subsidies – Business Spectator
- Super rules make banks winners, mortgagees losers – Business Spectator
Other:
- Behind Apple’s Move to Shelve TV Plans – Wall Street Journal
- I’ve Read Obama’s Secret Trade Deal. Elizabeth Warren Is Right to Be Concerned – Politico
- How Aging Millennials Will Affect Technology Consumption – Wall Street Journal