Global Macro / Markets / Investing:
- Debunking ‘fiscal alchemy’: The role of fiscal councils – VOX
- Some drug cartels now make more money from gold than cocaine – Business Insider
- Deconstructing 30 Year Stock Market Returns – A Wealth of Common Sense
- Big Oil’s Big Plans for New Gas Markets – WSJ
- April breaks global temperature record, marking seven months of new highs – The Guardian
- Where Oil Prices Go From Here – WSJ
- Global Poverty Is on the Decline, But Almost No One Believes It – barna.org
- The S&P 500 Valuation Tool That Shows 2007 Peak a Long Way Away – Bloomberg
- How Inflation Creates Inequality Through Capital Gains – Barron’s
- How the U.S. and Britain help kleptocrats around the world — and how we pay the price as well – Washington Post…same applies for Australia…
Americas:
- Is the ’Ferguson effect’ real? Researcher has second thoughts – The Guardian
- The Entrepreneur’s Case for Trump – WSJ
- State GOP leaders crush ’Never Trump’ rebellions – Politico
- Dying Infants and No Medicine: Inside Venezuela’s Failing Hospitals – NY Times
- Housing boom isn’t hitting Boston suburbs – Boston Globe
- Sorry, We Don’t Take Obamacare – NY Times
- Squatters See a New Frontier in the Empty Homes of Las Vegas – NY Times
- The Impending Collapse Of Venezuela – Forbes
- Venezuela loses fresh attempt to gag website in U.S. courts – Miami Herald
- Puerto Rico debt becomes constitutional fight on the right – The Hill
Europe:
- Immigration, free movement and the UK referendum – VOX
- Migrant numbers returned to Turkey fall short – FT
- Volkswagen bosses to be paid £49m despite record losses after emissions scandal – The Independent
- Brexit risks and uncertainties – FT
- EU Referendum: Boris Johnson compares EU’s aims to Hitler’s – BBC
- The internationalization of Italy? – Marginal Revolution
Asia:
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- Why China’s private sector needs a ’high degree of attention’ – Reuters
- Zimbabwe to make Chinese yuan legal currency after Beijing cancels debts – The Guardian
- China Slowdown Shows Debt Addiction Will Be Tough to Shake – Bloomberg
- Vietnamese bank foils $1m cyber heist – The Guardian
- ‘Elusive Risks’ Cited as Chinese Banks Blur Lines – WSJ
- Fiscal constraints mean BOJ likely to keep helicopter grounded – Reuters
- Should we get rid of the €500 note? – FT
- India’s central bank governor warns on stimulus overuse – FT
- North Korea’s one-percenters savor life in ‘Pyonghattan’ – Washington
- China Housing Revival Buffers Economy – The Economist
Trans-Tasman:
- China Housing Revival Buffers Economy – The AFR
- Greens vow to change law to prevent penalty rate cuts – Adam Bandt – The Guardian
- “Fantasy fibre”: Coalition explicitly rejects NBN FTTdp model – Delimiter
- Why a hung Parliament and snap second election are now very real possibilities – The SMH’
- Negative gearing scare campaign self-serving: Labor – The SMH
- The generation that won’t give up the smoking habit – The SMH
- Rent control, but for pathologists, not for you – The SMH
- Rental properties remain low despite push for more supply of housing – The AFR
- Turnbull must win back Liberals – Canberra Times
- Politicians fighting the last war – Canberra Times
- Australian 10-yr bonds hits lowest ever – Canberra Times
- Glut to tip property prices south – Canberra Times
- Gittins: Aussies pay for company tax cut – Canberra Times
- We need to talk about inflation – the great debate missing from this election campaign – The Guardian
- Good cop, bad cop: The Abbott and Credlin campaign strategy? – The Drum
- Cutting taxes to balance the budget? You’re having a Laffer – The Drum
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Debt-to-income measures within three months? – Interest.co.nz
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Key says NZ$3 bln tax cut possible in 2017 – Interest.co.nz
Other: