Global Macro / Markets / Investing:
- This $72 Billion Fund is Shorting the Dollar in a Contrarian Bet – Bloomberg
- Uber Bears Already Snapped Up 70% of Shares Available to Short – Bloomberg
- Amazon is poised to unleash a long-feared purge of small suppliers – Bloomberg
- New York ‘replacing London’ as the world’s financial capital – Yahoo
- How a Team of Blockchain Veterans Saves Money – Medium
- Don’t Sweat The Inverted Yield Curve: Sage advice from 2006 – Wharton
Americas:
- Rich farmers, not mom-and-pop farms, will collect most of Trump’s tariff bailout – LA Times
- The bottom 50% of Americans now have 1% of America’s wealth – Axios
- The richest 10% of households now represent 70% of all U.S. wealth – MarketWatch
- American Soil’ Is Increasingly Foreign Owned – NPR
- Trump’s ‘Miracle Economy’ May Turn Into An Economic Recession – Be In Crypto
- Why would the Trump administration weaken a rule that could prevent another financial crisis? – Washington Post
- Google’s Shadow Work Force: Temps Who Outnumber Full-Time Employees – NY Times
- Morgan Stanley says economy is on ‘recession watch’ as bond market flashes warning – CNBC
- Underemployment: The American Economy’s Biggest Underreported Story – Intellectual Stakeout
- Consumer confidence posts big jump in May, defying trade war gloom – Yahoo
Europe:
- PetroChina exports diesel to Europe for first time – Reuters
- UK by far the biggest enabler of global corporate tax dodging – Independent
- Brexit sees London fall behind New York as top financial hub – Sky
- EU president Juncker tells Tory leadership candidates there will be no Brexit renegotiation – Independent
- Amid fractures, Europe is becoming a single political space – Washington Post
- European elections: triumphant Greens demand more radical climate action – The Guardian
- Labour will demand second Brexit referendum on ‘any deal’ – Independent
- EU could slap 3 billion euro fine on Italy for excessive debt: Salvini – Reuters
Asia:
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- Apple and Nike Brace for China’s Wrath After Huawei Ban – Bloomberg
- China’s First Bank Seizure in 20 Years Spooks Lenders, Investors – Bloomberg
- India’s Ather Energy raises $51 million to grow its electric scooters business – Tech Crunch
- China’s First Bank Seizure in 20 Years Spooks Investors – Bloomberg
- China’s Banking Cleanup Needs a Bigger Mop – Bloomberg
Trans-Tasman:
- Male suicide: Australia’s Male Suicide Epidemic Much Worse than Previously Thought – News.com.au
- Is China’s social credit system coming to Australia? – The Conversation
- Australia’s New Encryption Law Is Forcing Tech Companies To Help With Surveillance – Gizmodo
- ‘It’s not up to government, it’s markets’: Albanese takes swipe at anti-Adani activists – The SMH
- Fewer Australians will have uni or TAFE skills if governments don’t reform tertiary education – The Conversation
- The Fix Is In: Adani hooks India’s poor and Australia’s taxpayers – Michael West
- Resources Minister backs new coal plant as Labor reconsiders climate policy – The Age
- Not just high house prices: The reasons more young adults live with their parents – ABC
- Franking Credits: how good is free money! – Michael West
- Residential construction intentions at a 10-year low in ANZ Business Outlook Survey – Interest.co.nz
- RBNZ Governor Orr highlights ‘astounding’ comment in NZBA submission – Interest.co.nz
- RBNZ ‘nudged closer’ to another OCR cut – Interest.co.nz
