Global Macro / Markets / Investing:
- Google has lost $70 billion off its market cap after a ‘nasty combination’ of slowing ad traffic and a drop in sales per click – Business Insider
- S&P 500 ekes out third straight record close; Nasdaq retreats after Google revenue miss – MarketWatch
- An India-China Maneouvre Could Soon Leave World’s Oil Powers Toothless – India Times
- Investors Increasingly Worried That Current Stock Market Mirrors 1987 Meltdown – Be in crypto
- Wealth Destruction for the 99.9 Percent – BATR
Americas:
- Workers barely benefited from Trump’s sweeping tax cut, investigation shows – The Guardian
- Schumer, Pelosi agree to pursue $2 trillion infrastructure deal with Trump – NBC
- Struggling Subway closed more than 1,000 restaurants in 2018 – NY Post
- Pending home sales skyrocket in March, signalling a spring rebound for housing – MarketWatch
- Student Debt Is Stopping U.S. Millennials from Becoming Entrepreneurs – HBR
- What the uprising in Venezuela means for oil prices – CNN
- Under new tax code, oil companies get rebates, not bills – Houston Chronicle
- Canada economy unexpectedly shrinks in February, mining and rail transport weaker – Reuters
- U.S. Farmer Income Drops Most Since 2016 Amid Trade War Pain – Bloomberg
- Trump calls on Fed to cut rates by 1% and urges more quantitative easing – CNBC
- Profitable Giants Like Amazon Pay $0 in Corporate Taxes. Some Voters Are Sick of It. – NY Times
- How Will the Fed Fight the Next Recession? It’s Trying to Figure That Out Right Now – NY Times
- Tax Compliance Is Killing Canada’s Competitiveness – FCPP
Europe:
- Austria’s minister of finance wants a fintech regulatory sandbox – Coin Geek
- Switzerland: More Than 80 Percent of Somalian Migrants On Welfare – 20Min
- The unbreakable, unsustainable eurozone – FT
- Sweden Central Bank Urges Legal Money Definition From Lawmakers – 7 Bitcoins
- EU will ‘never accept’ May’s plan to hike tuition fees for European students after Brexit – Independent
- EU citizens insist jet fuel must be taxed – Euractiv
Asia:
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- China quitting canola addiction has Canadian farmers sweating – Post Guam
- Trade war forcing 93 per cent of Chinese companies to transform supply chains, survey shows – SCMP
- China gears up for fintech development – CGTN
- Japan’s Emperor Akihito Abdicates – BBC
- Thailand Prepares For First Coronation in Seven Decades – VOA News
- Indonesia Charts Two Soft Courses to Contain China – VOA News
Trans-Tasman:
- Pauline Hanson Can’t Believe How Unlucky She Is To Keep Choosing Fucking Idiots As Candidates – The Shovel
- Independents pledge to block Adani mine in event of minority government – The Guardian
- Wind, solar push South Australia prices below zero for almost six hours – Renew Economy
- Women lack the ‘business skills’ to get a pay rise: Liberal candidate – The SMH
- Australia’s irrelevant election: Short sighted policies have left economy at the mercy of external events – Nikkei
- Liberal Party to sack Victorian candidate over anti-Muslim rant – SBS
- Government accused of hiding full extent of climate change – SBS
- How Coalition “squandered” climate decade, and is still lying about science – Renew Economy
- The ‘price of power’: Key independents list their conditions for support in next Parliament – The SMH
- Tony Abbott under pressure over hospitals sale to Cayman Islands entity – New Daily
- Labor pledges solar panels for schools in $1 billion program – The SMH
- House sellers in Auckland drop their asking prices as the market eases – Interest.co.nz
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Labour market data no game changer for RBNZ – Interest.co.nz
- QV’s average housing value in Auckland down for five months in a row – Interest.co.nz