Global Macro / Markets / Investing:
- A $1 Trillion Powder Keg Threatens the Corporate Bond Market – Bloomberg
- A Hedge Fund Guy Lefties Can Love – Bloomberg
- ‘The Mother of All Scams’: Roubini Slams Crypto in Senate Hearing – Bloomberg
- Stocks could fall 40% to 50% to reach fair value, with recession in first half of 2019: Morgan Street Capital – CNBC
- Ben Bernanke’s End Game – WSJ
- The Dollar and its Discontents – Project Syndicate
- Everybody Pretends to Understand the Market – Bloomberg
- The next recession – The Economist
- Nearly $13 billion wiped off of cryptocurrency market as major coins plunge – CNBC
- The $80 Trillion World Economy in One Chart – Visual Capitalist
- Crypto Industry on ‘Brink of an Implosion,’ Researcher Says – Bloomberg
Americas:
- Former Trump lawyer Michael Cohen is now a Democrat – Axios
- Adelson drops tens of millions more to save the GOP Congress – Politico
- Republicans may be about to steal an election in Georgia – Washington Post
- Fact check: President Trump’s claims on Medicare, Democrats – USA Today
- Trump Lashes Out at ‘Loco’ Fed Again, Calling Rate Hikes a ‘Mistake’ – Bloomberg
- Trump Is Mulling Candidates Who Could Replace Jeff Sessions – WSJ
- Sorry, Democrats, Progressive Mob Action Is a Real Problem – National Review
- Trump and the fear of fascism in America – FT
- Mortgage Rates Fast Approaching 5%, a Fresh Blow to Housing Market – WSJ
- Interest Rates Are Rising for All the Right Reasons – NY Times
- Call ’em crazy, but Fed officials likely to keep raising rates – Reuters
- Brazilian Swamp Drainer – WSJ
Europe:
- UK and Brussels close to agreeing Brexit deal – FT
- Major: Universal credit like 80s poll tax – BBC
- Tony Blair says there is a 50-50 chance of another Brexit referendum – Reuters
- Senior U.K. Official Sees Trump Trade Deal as Brexit Pipe Dream – Bloomberg
- Bank of Greece Blames Bank Stocks’ Rout on Contagion From Italy – Bloomberg
- Russian Murdered After Revealing $200 Billion Dirty-Money Scam – Daily Beast
- UK public finances near the bottom of IMF league table – FT
Asia:
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- U.S. Treasury Staff Finds China Isn’t Manipulating Yuan, Sources Say – Bloomberg
- Trump and Xi Plan to Meet Amid Trade Tension – WSJ
- China to get status quo treatment in currency report – Politico
- China Shares Sink Most Since 2016 as 1,000 Stocks Fall by Limit – Bloomberg
- The Unknowable Fallout of China’s Trade War Nuclear Option – NY Times
- Chinese Spy Arrested and Is First Brought to U.S. for Prosecution – NY Times
- China legalises ‘re-education camps’ for ‘religious extremists’ in Xinjiang – SCMP
- Chinese spy, charged with stealing U.S. aviation secrets, extradited for prosecution – Washington Post
- China’s Media Crackdown Spreads to Hong Kong – NY Times
Trans-Tasman:
- Teacher who lost school job after revealing he was in same sex relationship warns of impact of religious review – ABC
- ‘Liberals taken over by extremists’: Turnbull’s son to Wentworth voters – SBS
- Prime Minister Scott Morrison has urged voters in the Wentworth by-election to ignore the son of his ousted predecessor Malcolm Turnbull – ABC
- Farmers’ climate denial begins to wane as reality bites – The Conversation
- ‘Australia is in trouble’: majority media and lobbying destroy trust in politics, Garnaut says – The Guardian
- Work for the dole an ‘intergenerational time bomb’ for Indigenous communities – The Guardian
- ‘Move on’: Student’s court bid to reverse fail grade for dog project dismissed – The SMH
- Bill Shorten considers major superannuation shake-up – New Daily
- Inflation for essential items is higher than the official consumer price index – SBS
- Labor offers support if Morrison acts to stop schools from expelling gay students – The Guardian
- Electricity suppliers warn that excess solar could destabilise the grid – ABC
- Labor supports fast-tracking the tax cuts for small to medium-sized businesses – ABC
- Christopher Pyne backs Australia joining Asia’s ‘Our Eyes’ intelligence group – The SMH
- Risks-a-plenty dampen economist’s growth forecasts – Interest.co.nz
Added Extra
Chris Hedges on his latest book, America: The Farewell Tour…..a depressing but thought provoking take on the United States (with significant implications for elsewhere)….
