Links 5 February 2018

Global Macro / Markets / Investing:

• The advance of AI is uncertain. But that doesn’t mean we can’t prepare for it – WEF
• The Bull Market’s Days Are Numbered – Barron’s
• Investors Are Selling Bonds Everywhere—but for Different Reasons – WSJ
• Unemployment insurance and adverse selection – VOX
• Can We Turn Off Our Emotions When Investing? – NY Times
• The Stock Market Plunges, a Major Blow Against Inequality! – Cepr
• Worries Grow That the Price of Bitcoin Is Being Propped Up – NY Times

Americas:

• A tale of two Americas – Axios
• A Reckoning for the FBI – WSJ
• Government Failure in the Farm Bill – Mercatus Center
• Once the party of law and order, Republicans are now challenging it – Washington Post
• Even When Black Unemployment Is At Record Lows, It’s Dangerously High – NPR
• Trump team considers nationalizing 5G network – Axios
• Paul Manafort, American Hustler – The Atlantic
• How GE Went From American Icon to Astonishing Mess – Bloomberg
• Making a Crypto Utopia in Puerto Rico – NY Times

Europe:

• Britain’s imperial fantasies have given us Brexit – The Guardian
• Oligarchs in UK told to explain wealth – BBC
• Brexit supporters are being disingenuous by refusing to admit there is a price to pay – The Times
• The stupidity and unenforceability of Poland’s speech law – Washington Post
• Tories are lying to the voters and themselves over Brexit – The Times

Asia:

• Tit-for-tat cycle with China will hurt US economy – Seattle Times
• Davos 2018: China’s economic shift and implications for Myanmar – Myanmar Times
• Alibaba Vice Chair: Chinese Economy Still Has Plenty of Room for growth – The Street
• Economic Watch: China charts course for modernized economy – Xinhua
• China’s plans for creating new international courts are raising fears – CNBC
• China’s economic slow down “good news” for the global economy – Hedge Week

Trans-Tasman:

• No federal financing for Adani mine: government – SBS
• Fresh pressure on Liberal MP as Opposition produces Polish citizenship advice – The Age
• Elon Musk’s Tesla to give solar panels and batteries to 50,000 SA homes – ABC
• Labor promises to cap health insurance premium rises at 2% for two years – The Guardian
• Health insurers savage Bill Shorten’s ‘disastrous’ premium price plan – The SMH
• Could a super-fast 5G wireless internet network be about to make the NBN redundant? – The West
• Greens call to buy back the grid, in power play against ALP – Renew Economy
• Big Four, Big Donors, refuse to appear before Parliament – Michael West
• Federal government’s ‘disadvantaged scheme’ funnels millions to blue ribbon Liberal seats – The SMH
• Behind one of the biggest national security breaches in Australia’s history – The SMH
• Paying $430,000 for advice on Centrelink call centre outrageous – The Guardian
• Turnbull expects wages lift this year – News.com.au
• The real cost of McMansions – The SMH
• Multi-millionaire John McGrath has $16 million debt to bookmaker William Hill – The SMH
• Rising rents – another symptom of housing’s tax breaks – Interest.co.nz
• Property developers need to stop whingeing and adapt to change – Interest.co.nz

Other:

• Sprawling Maya cities uncovered by lasers – BBC