Links 29 November 2017

Global Macro / Markets / Investing:

• Market’s Numbness to Risk Reminds of Calm Before Storm – Bloomberg
• Bitcoin Mining in Electric Vehicles Raises Other Questions – Eco Motoring News
• A New Marketplace to Bet on Blockchain Startups Is Opening Up – Bloomberg
• The Trump Fed will fuel another huge stock-market rally – Apple
• Africa’s expanding middle class – Brookings
• A ‘Completely Flat’ Yield Curve and Record-Low Yields Lie Ahead in 2018 – Bloomberg
• OPEC Clash With U.S. for Oil Supremacy Near Day of Reckoning – Bloomberg
• Billionaire hedge fund manager Ken Griffin says bitcoin has ’elements of the tulip bulb mania’ – CNBC
• The Economics Data Revolution Has Growing Pains – Bloomberg
• Infographic: Visualizing the Journey to $10,000 Bitcoin – Visual Capitalist
• Bitcoin Euphoria Drives It Up $1,000 in Single Day – Bloomberg
• The chance of a bitcoin crash is greater than 80% – MarketWatch
• Stocks Around the Globe Stage Most Widely Shared Rally in Years – WSJ
• How to Play Emerging Markets Now – Barron’s
• Global catastrophe is just two melted glaciers away – Grist
• Banks as buyers of last resort for government bonds – VOX

Americas:

• Amid a Dearth of Workers, New Hampshire Taps Recovering Addicts for Jobs – WSJ
• Donald Trump’s long history of clashes with Native Americans – Washington Post
• American policy totally failed in Syria – Salon
• If the Tax Overhaul Smells Fishy, It’s Probably the Samoan Tuna Plant – WSJ
• Mr. President, the Tax Plan Needs a Big Fix! – News Max
• GOP leaders in advanced talks to change tax plan in bid to win over holdouts – Washington Post
• Wavering GOP senators must face three hard truths on tax reform – CNBC
• Here’s Where the GOP Tax Plan Stands Right Now – Bloomberg
• Senate GOP tax bill hurts the poor more than originally thought, CBO finds – Washington Post
• How Tax Reform Will Lift the Economy – WSJ
• Trump’s Russian Schizophrenia – Politico
• U.S. new home sales hit 10-year high in October – Reuters
• Keystone’s existing pipeline spills far more than predicted to regulators – Reuters

Europe:

• £300 million a week: The output cost of the Brexit vote – VOX
• The Brexit documents row isn’t going away – BBC
• EU Council says ECB does not have mandate for its bad loan measures – Reuters
• Norway’s $1 Trillion Wealth Fund Steps Up `No’ Votes on CEO Pay – Bloomberg
• Global value chains and Brexit – VOX
• The inside story of how David Cameron drove Britain to Brexit – Prospect
• Stop saying Brexit Britain could follow a “Singapore model”—it wouldn’t work here – Prospect

Asia:

• Marriage in India is becoming less traditional – The Economist
• Vietnam court jails blogger for seven years for ’propaganda’ over spill – Reuters
• Vietnamese Blogger Gets 7 Years in Jail for Reporting on Toxic Spill – NY Times
• Beijing Hinders Free Speech in America – NY Times
• Chinese bike share graveyard a monument to industry’s ’arrogance’ – The Guardian

Trans-Tasman:

• Australia is a world leader in internet usage and bad internet policies, so Australians want better policies – Boing Boing
• Michaelia Cash’s Office Has Refused To Release Communications With Her Staff On AWU Raids – BuzzFeed
• Most Australians want banking royal commission – The Guardian
• Why are the banks so scared of a commission of inquiry? – The SMH
• NSW coal mines in the pipeline are ‘bigger than Adani’, Lock the Gate says – The SMH
• The NBN rollout delay could cost 790 million, according to NBN’s own figures – Gizmodo
• Frydenberg condemns Lord Howe Island to fossil fuel future. It’s just not acceptable – Renew Economy
• Glitter-to-the-turd NBN applies world class positivity to our broadband woes – The AFR
• Queensland election results 2017: One Nation to bank $1m – News.com.au
• Why Radio National’s fans fear death by a thousand cuts – The Guardian
• Apprentices owed massive back pay windfall after court rules in their favour – ABC
• Renewable energy to reach cost parity with coal by 2020 – The SMH
• Farmers warned to use ‘extreme caution’ when clearing land amid legal challenge – The SMH
• Property Institute survey shows strong support for new govt’s housing policies – Interest.co.nz
• Housing affordability improves as lower quartile prices fall in Auckland, Tauranga & Wellington  – Interest.co.nz