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Macro Markets, Economics & Investing
- Apple Misses Annual Sales and Profit Goals For First Time in Over Five Years, Execs Take 9% Hit – WSJ (game over for the cult?)
- U.S. on Track to Become Net Energy Exporter – ScientificAmerican
- Libya ramps up oil production, threatening OPEC cut plans – WSJ
- The long term investing myth – Advisor Perspectives (good read, I’ve come to same conclusion on Aussie stocks)
Asia
- Japan is pulling its diplomats out of South Korea over a statue – QZ
- A Chinese professor has been sacked after he criticized Chairman Mao Zedong in an commentary he posted online that enraged leftists. – Yahoo
- The Chinese debt chart that keeps the IMF up at night – ZH
- China vows to contain corporate debt levels as inflation ramps up – Reuters
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Europe/Middle East
- Russia considers banning sale of cigarettes to anyone born after 2015 – Independent (not a bad idea)
- UK workers still worse off than pre-GFC – Bloomberg
- Despite Theresa May’s attempts to reassure markets, sterling is down again on Tuesday – FT
- Palestinians seek backing for statehood before Trump gets in – Bloomberg (good luck with that)
- Hard Brexit threatens global finance, say City chiefs – Guardian (and their bonuses)
Americas
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- There is no “terrific” replacement for Obamacare – VOX
- Donald Trump Called Meryl Streep One of His Favorite Actresses in 2015 – Vanityfair (100+ awards vs 4 bankruptcies…just saying)
- Trump’s Mockery of a Disabled Journalist: Watch for Yourself – People (the Douche in Chief in action)
- Donald Trump’s pick for Secretary of State Rex Tillerson to be questioned over ‘climate change cover-up’ – Independent
- Brazil Worries the ‘China of South America’ Is Eating Its Lunch – Bloomberg
Terra Nullus
- Rural Australia has had to change its tune – The Conversation (cue Flawse!)
- Why Australia needs a commissioner for political pluralism – ABC
- Expense scandal widens as Bishop, Cormann trip up – ABC (uhoh, don’t let the peasants know about anymore!)
- and more – another 25 MPs “caught” – The Age
- Centerlink staff bearing brunt of debt recovery backlash – ABC (filthy public servants – get a real job rorting travel expenses and buying property!)
- Barriers to home ownership the real hurdle to retirement – Fairfax (not sure what he’s trying to say here – fluff piece at best, obfuscation over real problems at worst?)
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Other:
- Colliding stars will light up the night sky in 2022 – ScienceMag
- Sneaky asteroid spotted whizzing between Earth and moon. – Cnet (oh behave you naughty asteroid!)
- US military seeks biodegradable bullets that sprout plants – New Atlas (well, that’s one way to reforest the Middle East!)
Chinese Trump Chicken – what a cock! (oops, sorry, can’t mock the Great Trumpster, only the disabled….)
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