Global Macro / Markets / Investing:
- Tesla Doesn’t Burn Fuel, It Burns Cash – Bloomberg
- Goldman Trading Desk That Once Had 500 People Is Down to Three – Bloomberg
- This Hedge Fund Trade Is Stirring Fresh Controversy in the CDS Market – Bloomberg
- Is Book Value Irrelevant? – The Reformed Broker
- Oil at $75: five factors driving the price – FT
- Oil Hedge Fund Manager Says $300 Oil ‘Not Impossible’ – Bloomberg
- The Economic Case for Free Trade Is Stronger Than Ever – Reason
- The Active Money Manager Model Is No Longer Viable – Bloomberg
Americas:
- Kelly says Trump is an idiot, mocks his policy ignorance, say officials – NBC
- What Mueller Wants to Ask Trump About Obstruction, and What It Means – NY Times
- Trump Postpones Steel Tariff Decision for EU, Other U.S. Allies – WSJ
- White House Delays Tariffs on E.U., Canada and Mexico for 30 Days – NY Times
- The U.S. Just Borrowed $488 Billion, a Record High for the First Quarter – Bloomberg
- Democrats lose ground with millennials – Reuters/Ipsos poll – Reuters
- White House Considers Restricting Chinese Researchers Over Espionage Fears – NY Times
- Investment Boom From Trump’s Tax Cut Has Yet to Appear – NY Times
- Detroit Was Crumbling. Here’s How It’s Reviving. – NY Times
- America’s Mortgage Market Is Still Broken – Bloomberg
- The Biggest Banks Are Gobbling Up Deposits. Here’s Who’s Not – WSJ
- Growing Concern: Foreign Investors Lose Some Hunger for U.S. Debt – WSJ
- Trump’s Approval Rating Rises to 42%, Highest Gallup Reading in 11 Months – Bloomberg
Europe:
- In 2017, for the first time ever, the Netherlands had more lethal bicycle accidents (206) than car accidents (201) – New Mobility
- Study: German schools need more Islamic religion classes – DW
- Eastern EU states feel ‘ridiculed’ by commission budget plan – EU Observer
- Brexit talks risk collapse over UK stance on Irish border – The Guardian
- EU set to move closer to ‘Fortress Europe’ with new budget plan – Reuters
- Move over Britain, France is America’s ‘special’ friend – Politico
Asia:
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- China Is Set to Take a Hard Line on Trump’s Trade Demands – NY Times
- Fears of Espionage May Lead to Rules on Chinese Research – NY Times
- China’s Foreign Minister Wang Yi to visit North Korea this week – SCMP
- Warren Buffett: China has ‘found a secret sauce for themselves’ – Yahoo
- China’s tech billionaires donate to universities amid calls to prioritise innovation – SCMP
- Abe’s push to change Japan’s defense strategy – Japan Today
- Kim ready to hold talks with Abe ‘at any time’ – Straits Times
Trans-Tasman:
- Penny Wong says Labor will try and undo Abbott’s legacy on climate policy – The Guardian
- If buying a house is a pipe dream, renting one is a nightmare – The Guardian
- CBA forced to put aside $1 billion extra by bank regulator APRA – ABC
- Australia tipped to soon produce more than half of the world’s lithium – The SMH
- ‘Damning’ rap sheet: Scott Morrison tells CBA board members to resign – The SMH
- Accidents, stress and uncertainty: food delivery riders lift lid on work conditions – The Guardian
- Plastic is not the problem, it’s what you choose to do with plastic that’s the problem: expert – ABC
- Treasurers write cheques that the economy can’t cash – The AFR
- ‘Money for jam’: Commonwealth Bank accused after damning regulator’s report – The Guardian
- Coalition’s energy guarantee: modelling assumes Liddell power plant retired by 2023 – The Guardian
- Queensland farmers rally against laws to curb land clearing – The Guardian
- Australia’s biggest solar farm about to begin commissioning – Renew Economy
- Labor warns against move to give Dutton new spying powers – The Guardian
- Gonski 2.0 reveals another grand plan to overhaul education, but do we really need it? – ABC
- High density housing spurs growth – Interest.co.nz