Global Macro / Markets / Investing:
- Trend-Following CTAs vs Alternative Risk-Premia – The Hedge Fund Journal
- He Was Once a Macro God. Now Alan Howard Wants to Be More Than That. – Institutional Investor
- Uber to Seal $3.1 Billion Deal to Buy Careem This Week – Bloomberg
- Tesla analyst cuts Model 3 forecast, now sees bear market in stock ahead – CNBC
- New Tesla CFO quickly moves to rebuild depleted finance team – MarketWatch
- BIS: Why does financial sector growth crowd out real economic growth? – BIS
- The Yield Curve Is Inverted! Remind Me Why I Care – Bloomberg
- Low Interest Rates, Market Power, and Productivity Growth – NBER
- Did Hyman Minsky find the secret behind financial crashes? – BBC
Americas:
- Why Stephen Moore is unfit for the Fed – The Economist
- Most Americans don’t think Trump is in the clear yet on Russia, new poll finds – NBC News
- New York’s $175 billion budget deal announced – these are the highlights – Times Union
- Florida utility to close natural gas plants, build massive solar-powered battery – Ars Technica
- Note from America: War Spending Is Bankrupting The USA – True Publica
- Trump Tax Cut: “What a colossal, corrupt waste.” – NY Times
Europe:
- UBS Banker Spied on Eurostar Neighbor to Crack $15 Billion Deal – Bloomberg
- Markets seem to underestimate threat of Brexit – Reuters
- France Becomes The First Country To Ban All Five Pesticides Linked To Bee Deaths – Herbs Info
- Opposition ‘has narrow lead’ in Turkish capital – BBC
- Ukraine election: Comedian is front-runner in first round – BBC
- Slovakia’s first female president hails victory for progressive values – The Guardian
- Leaders hint Poland will not fully apply EU copyright law – Washington Post
Asia:
- McKinsey: what can we expect in China in 2019? – McKinsey
- Chinese GDP may be overestimated by 1.7% and investment and savings rate overestimated by 7% – Brookings
- Chinese Banks Record Fundraising Signals Industry Jitters – Bloomberg
- China Finalizes Rules for New Technology Exchange in Shanghai – Bloomberg
- Uyghur man bids to save ‘most extraordinary mom in the world’ from Chinese camp – Global Voices
- ‘I felt like a slave:’ Inside China’s complex system of incarceration and control of minorities – The Glob & Mail
- Hong Kong: Thousands march against China extradition proposal – DW
Trans-Tasman:
- Scott Morrison to buy back Telstra, merge with NBN to deliveur TBN – IT Wire
- Australian property downturn spreads as most capital cities record falling values – ABC
- The budget’s getting better, but the economy’s getting worse – The SMH
- Labor bringing back ‘carbon tax’ with new climate change policy, Cormann says – ABC
- Are Australia’s efforts to reduce emissions enough to meet our Paris target? – ABC
- Up to four in five of “congestion busting” infrastructure projects announced by the Morrison government are flowing to Liberal-held seats the government needs to hold at the election – The SMH
- Tasmania set to drift outside of Australian waters within 40 years: report – National Geographic
- Chinese-Australians have had a gutful of politicians’ tokenism – The Age
- Low-income earners will ‘get no benefit from tax cuts’, Coalition warned – The Guardian
- From irreverence to irrelevance: the rise and fall of the bad-tempered tabloids – The Conversation
- What is the last day Scott Morrison can call the election and when will it be? – ABC
Latest posts by Unconventional Economist (see all)
- Palaszczuk demands TourismKeeper from federal government - January 28, 2021
- Domain: Australian property prices hit record high - January 28, 2021
- Superannuation is a tax dodge for the rich - January 28, 2021
“skilled” immigrants defraud Aussie landlords:
30 Mar 2019
https://www.domain.com.au/news/consumer-affairs-victoria-investigating-mig-real-estate-amid-trust-account-misappropriation-allegations-814316/
“skilled” real estate agent collects rent from tenants and refuses to give the money to the landlords!
Feel that? That’s vibrancy! Oh yeah. We needed some financial innovation to put in our (glass) pipe!
LOL. Daniel Andrews seems quite smitten by the lovely Ms Kapoor.
what a great yarn…Australian Technical Management College, lol.
Property prices to tumble $60,000 by 2020 … News Com Au
https://www.news.com.au/finance/real-estate/buying/property-prices-to-tumble-60000-by-2020/news-story/752a1cf5496602aab59f215b9cf3bd4b
House prices have been falling sharply, but the market is a long way from rock bottom. Experts have tipped a huge tumbled is expected by 2020. … read more via hyperlink above …
Best US recession indicator ?…….Real retail sales per capita measured YOY………..only flashing yellow not red with a little help from revisions.
https://bonddad.blogspot.com/2019/04/retail-sales-flash-yellow.html
Sco Mo to nationalise Telstra got me … Strangers things could happen.
Saw another beautie. Porsche to Release the Porsche Macaw Ute.
For the guys and girls into a Functional Outdoor Optimised Lifestyle (FOOL)
https://theconversation.com/migrants-want-to-live-in-the-big-cities-just-like-the-rest-of-us-113911
Blah, blah .. regions not good enough for migrants so of course they will choose to live in the cities because ‘it suits them’. If Australia wants them to go to regional areas, it needs to clean its act up.
I will spare you my usual rant on that gem… But, get this
How about disclosing the most relevant detail: that you are a migrant from Bangledesh yourself???
Just fvck off.
If only immigration was restricted to those with $150k salaries.
I saw the 60 Minutes episode broadcast 24 Mar 2019. The “doctors and engineers” (farm workers) in the regions probably move to the cities once they get an Aussie passport. The farm workers must never be given an Aussie passport. Just deport them every 5 years and get a new batch of farm workers.
https://www.westmonster.com/mps-reject-common-market-customs-union-and-second-referendum/
Brexit latest
A bit of Professor Werner
https://youtu.be/8FT-zyTX2nE
I used to follow him on Twitter but he went private for some reason.
@007 here’s one for you. The FED and Climate Change.. the RBA must have tipped them off …
https://www.frbsf.org/economic-research/publications/economic-letter/2019/march/climate-change-and-federal-reserve/
Report Reveals Jesus Christ May Have Benefited From Father’s Influential Position To Gain High-Powered Role As Lord And Savior
https://www.theonion.com/report-reveals-jesus-christ-may-have-benefited-from-fat-1833717521
I’ve always suspected as much. He was always very quiet about it
Nepotism existed 2000 BC. 😀