Links 7 June 2017

Global Macro / Markets / Investing:

• Junk Bonds Couldn’t Care Less About Stock Market’s Alarm Bells – Bloomberg
• RBS in yet more hot water over fresh Libor case appeal – City AM
• The World’s Largest CSDs Are Forming a New Blockchain Consortium – Coin Desk
• The new cryptocurrency gold rush: digital tokens that raise millions in minutes – Quartz
• Global Publics More Upbeat About the Economy – Pew Global
• CITI: ’One of the scariest charts to look at’ could create major concerns about the market – Business Insider
• Could austerity’s impact be persistent – Mainly Macro
• The Global Recovery’s Downside Risks – Project Syndicate
• Towards a complete jobs picture: a new lens on labour data gaps and on automation – Odi.org
• It’s Smart to Worry About ETFs – Bloomberg
• Passive funds are on pace to eat the entire US stock market by 2030 – Quartz

Americas:

• Economics and policy in the Age of Trump – VOX
• Top U.S. Diplomat in China Said to Quit Over Climate Move – Bloomberg
• Lack of whistleblower protection has Canadian government missing out on billions – Yahoo
• What Trump Really Fears – The Atlantic
• Trump National Security Team Blindsided by NATO Speech – Politico
• Oil jobs rebound as U.S. drilling fleet grows for 5 straight months – Fuel Fix
• Drug Deaths in America Are Rising Faster Than Ever – NY Times
• The Argentine-American lemon war of 2001-2017 – The Economist

Europe:

• London mayor calls for cancellation of Trump visit to UK – The Hill
• Trump Injects Himself Into U.K. Election by Lying Again About London’s Popular Mayor – The Intercept
• Theresa May’s decision to cuddle the Donald looks worse by the day – Spectator
• Theresa May has serious questions to answer, starting with police cuts – The Guardian
• Nearly 10 million Britons are in insecure work, says union – The Guardian
• Germany says has no choice but to pull forces from Turkish air base – Reuters
• Macron Trolls Trump to Establish International Role, Win Votes – Bloomberg
• London Attack and British Elections: Are Markets Too Calm? – WSJ

Asia:

• China, India and the clash of two great civilisations – FT
• One Belt, One Road, and One Debt Hangover for China – Daily Reckoning
• China Huishan Dairy’s Latest Headache: Missing Millions – WSJ
• Raids in India Target Founders of News Outlet Critical of Government – NY Times
• China’s Debt Crackdown Is Driving Borrowers Into Riskier Territory – WSJ

Trans-Tasman:

• Liberal Andrew Robb took $880k China job as soon as he left Parliament – The Age
• How the Chinese Communist Party exerts its influence in Australia: detained professor – ABC
• China’s Operation Australia: payments, power and politicians – The Age
• ASIO investigation targets Communist Party links to Australian political system – ABC
• PM orders inquiry amid revelations ASIO warned parties about Chinese donations – ABC
• Sam Dastyari Breaks Glass Containing Most Distracting Memes – SBS Comedy
• Australia falling behind when it comes to digital and technological skills – Business Insider
• Household debt balloons as Australian incomes consumed by large mortgages, high rent – Domain
• ‘Income For All: A World Without Centrelink’ – New Matilda
• Adani board pushes ahead with Queensland coal mine, chairman confirms – ABC
• What does a housing slump actually look like? – ABC
• Australia House Prices ‘Very Elevated’: ANZ Bank CEO – Bloomberg
• Should people on terrorism watch lists be locked up indefinitely? – Yahoo
• Coalition corruption thrives under Turnbull: No shame whatsoever – Independent
• Workers with disabilities saving tonnes of waste from landfill each month – RN – ABC
• Labor accusing Coalition of secret billion dollar slush fund for community grants in held and marginal seats – ABC
• Resurging Kiwi dollar reflects positive economic fundamentals – Interest.co.nz

Other:

• For Entrepreneurs, Venture Capital Is Not Always the Best Option – Entrepreneur