Links 28 August 2019

Global Macro / Markets / Investing:

• Insiders are selling stock like it’s 2007 – CNN
• Bitcoin Outperforms Gold as a Hedge Against Economic Instability – Be In Crypto
• The Next Recession (Whenever it Comes) Will Be About Sovereign Debt – Cassandra Capital
• Harvard economist warns Hong Kong unrest could trigger world recession – Japan News

Americas:

• The poor, who most need insurance, are least likely to have it – Under cover – The Economist
• Trump’s unpredictability is chaos for America’s businesses – CNN
• If Our Economy Is So Great, Why Did The Fed Vote To Juice It? – NPR
• It ain’t going to get any easier for nation’s cash-strapped farmers – Investigate Midwest
• Blame The Fed For The Coming Pension Fund Crisis – Seeking Alpha
• RV Sales as a Predictor for Recession? Data may indicate that 70% probability for recession in 2020. – Econ Browser
• Johnson & Johnson is responsible for fueling Oklahoma’s opioid crisis, judge rules in landmark case – Washington Post
• A Big Opioid Decision Is Coming. What to Expect for Johnson & Johnson and Big Pharma – Barron’s
• Manufacturing shrinks, raising questions for Trump – The Hill
• Dire driver shortages in US trucking companies could hit consumers – USA Today
• New data challenges Trump’s economic narrative – The Hill

Europe:

Asia:

• American farmers hail Japan trade deal to gain competitiveness – Japan Today
• China’s interest-rate revamp highlights the slow march of reform – The Economist
• China’s Companies Have Unseen Foreign Debt That’s Maturing Fast – Bloomberg
• Trump on Trade War: China Wants To Negotiate… – Stock Market News
• India govt gets windfall gain from RBI; raises expectation for stimulus – CNBC
• PM Narendra Modi Meets UK PM Boris Johnson At G7 Summit In France, Discuss India-UK Ties – Yuv News

Trans-Tasman:

• Coalition agrees to pass laws forcing priests to report child abuse – The Age
• Centrelink seizes tax return of robodebt recipient in what may breach policy – ABC
• Nuclear power not the answer as renewables continue to boom in Australia, report finds – ABC
• Australia’s ‘broken’ visa system being used for human trafficking – The Guardian
• ‘Not a good sign’: Australia’s R&D investment slips against developed peers – The SMH
• Australian writer Yang Hengjun charged with spying in China – The Guardian
• Mortgage debt causing older Australians distress and worsening mental health – ABC
• The company with Aussie roots that’s helping build China’s surveillance state – ASPI Strategist
• Legal test targets minister for putting coal before culture – ABC
• Coalition divided over water policy in wake of damning Barwon-Darling report – The Guardian
• Expanding the robodebt scheme to pensioners would be disastrous, Acoss says – The Guardian
• Chinese billionaire Huang Xiangmo gave $100,000 cash to NSW Labor official, ICAC hears – ABC
• OECD joins Aussie push on online terror – News.com.au
• Forget the generation gap – the gulf between rich and poor tells the real story of our times – The Guardian
• After five weeks of helping Chinese classmates I fired off a furious email – Domainfax