Global Macro / Markets / Investing:
- The Countries with the Most Monstrous Corporate Debt Pileups: US Fizzles in 24th Place! Canada Shines in 11th Place – WolfStreet
- The global boom in natural gas demand is about to slow, the International Energy Agency says – CNBC
- Oil sinks 4 % to $51.14 on rising US crude stockpiles, fear of faltering demand – WeTradeHQ
- Global Economy Is Hanging by a Thread, Claims Latest World Bank Report – BeInCrypto
- Corporate Debt Stories Show People Still Fail to Understand the Great Recession – CEPR
- Workers: no longer needed? Productivity is down despite automation – IBO News
Americas:
- Big Problem: Millions of Americans Have Quit Looking for a Job – National Interest
- U.S. budget deficit grows to $739 billion, nearly 40% higher than last year – Axios
- Half the jobs in America pay less than $18 an hour. – Washington Post
- Working full time and still poor – American Progress
- The American Economy Is Rarely Good for Workers – Mother Jones
- U.S. budget deficit balloons to $739 billion (38% increase same period a year ago) despite tariff revenue. – Bloomberg
- Seniors were sold a risk-free retirement with reverse mortgages. Now they face foreclosure. – USA Today
- Ten U.S. states sue to stop Sprint-T-Mobile deal, saying consumers will be hurt – Reuters
- U.S. commercial, multifamily mortgage debt reaches $3.46tn in Q1 2019 – CRE Herald
- Most Millionaires Back Wealth Tax – The Hill
- Inflation tame: Consumer prices rise 0.1% in smallest bump in 4 months, CPI shows – MarketWatch
Europe:
- British labor market remains stable – Economo
- Brexit: Leaked cabinet note admits UK not ready for no-deal exit on October 31, blowing hole in Boris Johnson leadership pledge – Independent
- Marine Le Pen ordered to stand trial for tweeting pictures of Isis killings – Independent
- Merkel calls for ‘comparable minimum wage’ across EU – Politico
- EU Says It’s Ready for ‘Undesirable’ No-Deal Brexit on Oct. 31 – Bloomberg
- Italy shuts migrant camp and tightens sea rules – BBC
- U.K. commits to ‘net zero’ emissions by 2050 – BBC
- UK students stripped of visas over cheating accusations – DW
- Norway’s $1 Trillion Fund Wins Go-Ahead for Oil Stock Divestment – Bloomberg
Asia:
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- Chinese banks now lend more to Australia than the US banks – AFR
- Huawei asks Verizon to pay over $1 billion for over 230 patents – Reuters
- After China tariffs, Trump should recognize Taiwan, the Pentagon likely agrees – Taiwan News
- Hong Kongers Won’t Bow to Beijing. But Their Leaders Will. – Foreign Policy
- Hong Kong in shock after anti-extradition violence – BBC
- What Mainlanders think about HK protests.. – Abacus News
Trans-Tasman:
- Inequality is growing in Australia. Labor’s mission is to create a fairer society – The Guardian
- The most powerful Australians you’ve never heard of – ABC
- Adani mine gets final environmental approval for Carmichael mine – ABC
- Social housing landlords use domestic violence as reason to evict victims – The Guardian
- Nuclear power exits Australia’s energy debate, enters culture wars – Renew Economy
- Kevin Rudd accuses CFMEU and Victorian union leader John Setka of damaging Labor’s brand – ABC
- Federal Government under pressure to pull its weight on growing obesity epidemic – ABC
- Unveiled: Australia’s Most Hopeless Regulator – Michael West
- Just on the QE, RBA looking at extreme options if economy turns sour – The SMH
- How uni student signed property contract on part-time $25-an-hour wage – News.com.au
- Debt defying – we are now more easily carrying ever heavier mortgages – Interest.co.nz