Links 7 September 2018

Global Macro / Markets / Investing:

• Sanders rolls out ‘Bezos Act’ that would tax companies for welfare their employees receive – MarketWatch
• Ten Years After Lehman—Lessons Learned and Challenges Ahead – IMF
• The man in charge of TARP: “I’m proud of the actions that we took” – MarketPlace
• Why so little has changed since the financial crash – FT
• Ten years after Lehmans, it’s as if we’ve learned nothing from the crash – The Guardian
• Amazon Hits $1 Trillion Valuation – WSJ
• Why so little has changed since the financial crash – FT

Americas:

• This Is a Constitutional Crisis – The Atlantic
• ‘The sleeper cells have awoken’: Trump and aides shaken by ‘resistance’ op-ed – Washington Post
• Furious Trump trapped by hundreds of Woodward tapes – Axios
• Bernie Sanders introduces ‘Stop BEZOS Act’ in the Senate – Washington Post
• Americans are changing their relationship with Facebook – Pew Research
• The story behind the New York Times’ anonymous op-ed blasting Trump – Money
• ‘It’s open season on the president’: Anonymous op-ed unleashes fresh West Wing meltdown – Politico
• Wages Are Growing Faster Than You Think, White House Says – WSJ
• Bob Woodward’s new book reveals a ‘nervous breakdown’ of Trump’s presidency – Washington Post
• Wall Street May No Longer Be Able to Shrug Off Trump’s Trade Wars – NY Times
• US justice department signals pursuit of tech giants – FT

Europe: 

• Brexit approach incompetent – Lord King – BBC
• Thinktank calls for major overhaul of Britain’s economy – The Guardian
• A City Divided: London’s Tribes of Finance Face Off – WSJ
• Income inequality in France – VOX
• In drawn out no deal Brexit, Dublin would probably – Newsletter UK
• Britain would now vote 59-41 to stay in the EU – new poll shows – Reuters
• Call to push up wages to boost weak UK productivity growth – FT

Asia:

• America’s Elite Universities Are Censoring Themselves on China – New Republic
• Belt and Road Initiative in five years – China Daily
• Asia’s Wealthiest Families Are Converting to Hedge Funds and Then Taking Existing Hedge Funds’ Clients – Bloomberg
• US-China Trade War Pushes Consumer Technology into the Fire – Jumore
• How to separate myths and realities of China’s role in tackling Africa’s infrastructure deficit – QZ

Trans-Tasman:

• The Morrison government stands accused of “special favours” for the rich and well connected – New Daily
• Julie Bishop criticises parliamentary colleagues for ‘appalling’ behaviour – Politics – ABC
• Labor ramps up pressure on Dutton’s childcare centres ahead of return of Parliament – ABC
• Queensland police taped over CCTV evidence showing domestic violence victim – The Guardian
• ‘Overwhelming’ economics favour accelerating shift from coal, reports say – The SMH
• Australia joins Pacific to declare climate ‘single greatest’ security threat – Climate Change
• Ex-Greens Boss accused of calling women ‘power p***ies’ in workplace – ABC
• Coal does not have an economic future in Australia – The Conversation
• Labor’s great big new tax plan – The Monthly
• Cabinet ministers rejected Turnbull’s $1.6 billion plan to cut power bills before leadership implosion – The SMH
• ‘Overwhelming’ economics favour accelerating shift from coal, reports say – The SMH
• Average value of NZ homes dropped 1.6% over winter – Interest.co.nz