Links 10 May 2018

Global Macro / Markets / Investing:

• The yield curve and the stock market – VOX
• Bitcoin Sees Wall Street Warm to Trading Virtual Currency – NY Times
• The 13 Best Warren Buffett Quotes from the Berkshire Hathaway Meeting – Fortune
• Warren Buffett says bitcoin is ’rat poison’ – CNN
• Falling money supply points to slower economic growth – FT
• Tesla’s Factory in a Fishbowl – WSJ
• Crypto Brokers Push for Transparency Before Rules Get Made – Bloomberg

Americas:

• Firm Tied to Russian Oligarch Made Payments to Michael Cohen – NY Times
• Mueller’s team questions Russian oligarch about payments to Cohen – CNN
• California heads toward requiring solar panels on all new houses – LA Times
• Voices on the left are rising in the US. Why aren’t they in mainstream media? – Columbia Journalism Review
• U.S. Job Openings at Record, Almost Matching Unemployed Workers – Bloomberg
• Good News for Low-Wage Workers, Bad News for Profits – WSJ
• ’I’m a globalist’: Former Trump economic adviser Gary Cohn reemerges to blast Trump’s trade strategy – Business Insider
• Economists Don’t Actually Know How the Fed Affects Jobs – Bloomberg
• Fed officials say price pressures rising but no need to shift rate… – Reuters

Europe:

• Bloomberg chooses Amsterdam as EU trading hub – FT
• Support for Ireland staying in the EU hits 92%, latest poll reveals – The Independent
• As Britain leaves, English on rise in EU – Politico
• Irish people in favour of the EU goes over 90% for the first time – News Talk
• Germany has reached the lowest crime rate since 1992 – DW.com
• Bloomberg is leaving London, chooses Amsterdam as EU trading hub – FT
• France Is About To Ban Stores From Throwing Away Unsold Clothing – Greens Matter
• Italy is going to have new elections – BBC

Asia:

• Dimon Lays Out 100-Year China Vision With Trade Spat on Horizon – Bloomberg
• Donald Trump declares trade war on China – FT
• China’s About to Give Global Finance the Chance of a Lifetime – Bloomberg
• China’s Got Jack Ma’s Finance Giant in Its Crosshairs – Bloomberg
• China-U.S. Trade Gap Widens as Firms Run to Beat Looming Trump Tariffs – WSJ
• Tencent drives China artificial intelligence push – FT

Trans-Tasman:

• Lack Of Evidence Doesn’t Mean We Shouldn’t Drug Test People On Welfare, Liberal Committee Says – BuzzFeed
• Government defends ABC cuts – SBS
• Budget 2018: Winners and losers – ABC
• Five by-elections looming after High Court rules Katy Gallagher ineligible due to dual citizenship – ABC
• Commonwealth Bank agrees to pay $25 million to settle an interest rate rigging case brought by ASIC – ABC
• Government timing tricks hide the real budget story – The Conversation
• Federal Budget 2018: Cash payments over $10,000 banned – News.com.au
• First Dog on the Moon goes to his seventh budget. And it’s a disaster – The Guardian
• Origin says renewables are the future amid $230m plan to double capacity of Shoalhaven hydro scheme – ABC
• Melbourne CBD shut down as tens of thousands march in union protest – The Guardian
• ‘Freeze has gone on too long’: John Howard calls for dole increase – The Age
• South Australia’s budget slides back into deficit – ABC
• NSW Government’s new cycling buffer laws mean drivers will be fined $300 for getting too close – ABC
• Kiwibuild: Taxpayers underwrite private developers – Interest.co.nz
• Big plans, lower activity, falling confidence – Interest.co.nz
• Rents rising faster than wages in Auckland and Wellington – Interest.co.nz