Global Macro / Markets / Investing:
- Donald Trump’s trade war has already cost investors up to $7 trillion – Financial Post
- Morgan Stanley sees global recession ‘in three quarters’ if Trump escalates trade war – CNBC
- S&P 500 Has Performed 35% Worse Under Trump Than Under Obama – Fortune
- Will There Be a Recession? US Yield Curve Spells Downturn: MS – Bloomberg
- Multiple Developing Countries ban Plastic trash imports – BBC
- Morgan Stanley tells investors to play defense as cycle indicator flashes ‘downturn’ – MarketWatch
- Get ready for the low-wage worker revolution – MIT
Americas:
- Corporations paid $91 billion less in taxes in 2018 under Trump’s tax law – Yahoo
- 40% of Americans One Paycheck Away from Poverty: Report – Forbes
- U.S. growth would have contracted without trillions in government, consumer debt: Gundlach – Reuters
- Biggest Offender in Outsize Debt: Graduate Schools – NY Times
- Trump’s Trade Madness Hurts Everyone, Even Those It Benefits – Medium
- Study Finds Trump Tax Cuts Failed to Do Anything But Give Rich People Money – NY Mag
- Economists’ fears of a 2020 recession in the US surge – CNN
- The gig is up: America’s booming economy is built on hollow promises – The Guardian
- Net worth of Americans aged 18 to 35 has dropped 34 percent since 1996: study – The Hill
- U.S. Manufacturing Index Dips to Lowest Level in Almost a Decade – Bloomberg
- Trump defends tariffs on Chinese goods: ‘No visible increase in costs or inflation’ – The Hill
Europe:
- Italian Central Bank: The higher budget deficit will not support the economy – Economo
- Czech Prime Minister and billionaire Andrej Babiš has to pay back €17 million to the EU – MO
- ‘It’s a miracle’: Helsinki’s radical solution to homelessness – The Guardian
- Poland will be the 4th fastest growing economy in the world in 2019 according to OECD – WBJ
- Russia orders Tinder to turn over data to intelligence agencies – The Hill
- Mystery over German politician’s ‘gun death’ – BBC
Asia:
Advertisement
- For the U.S. and China, it’s not a trade war anymore — it’s something worse – LA Times
- North Korea resorts to Large-Scale Crypto related Cyber Attacks – BeInCrypto
- US dependence on China’s rare earth – Trade war vulnerability – Channel News Asia
- Brazil halts beef exports to China on ‘atypical’ mad cow disease – Japan Times
- Factory activity shrinks across Asia – Reuters
Trans-Tasman:
- Victoria criticised for $2bn prison spend while neglecting social housing – The Guardian
- Performance of Sydney’s inner west buses worse in private hands – The SMH
- ANU data breach exposes staff, students in sophisticated attack – Canberra Times
- Land clearing up more than 50% in NSW even before new laws introduced – The Guardian
- Melbourne gardener launches legal action against Monsanto in first Australian Roundup lawsuit – ABC
- Retail sales tumble as households continue to feel the pinch – ABC
- Clive Hamilton launches Chinese-language version of Silent Invasion ahead of Tiananmen anniversary – ABC
- Morrison government fails first climate test – Greens demand answers on missing emissions data – Renew Economy
- Judge reprimands minister over NZ man’s deportation – The SMH
- ATO whistleblower facing 161-year prison sentence says he ‘almost died from the stress’ – ABC
- ABC says it didn’t reject Adani story because of company pressure – The Guardian
- Coca-Cola sells SPC Ardmona’s Shepparton cannery business for $40 million – ABC
- Nuclear power doesn’t stack up without a carbon price, industry group says – The Guardian
- Unsold listings weigh on Auckland housing market – Interest.co.nz