Global Macro / Markets / Investing:
- Tesla short-sellers lost $1.4 billion after the company reported a surprise profit – Business Insider
- Tesla Surprising Profit – Shares climbed 20% in after-hours trading – Stock Market News
- Fed repo: Overnight operations level to increase to $120 billion – CNBC
- Short sellers betting against Tesla lose more than $1 billion in single day as stock surges – CNBC
- Fed Injects $134BN In Liquidity, Term Repo Obersubscribed Amid Month-End Liquidity Panic – ZeroHedge
- Financial Markets Face Fresh Wave of Political Uncertainty… generated by one Hong Kong Newspaper? – Econ Reporter
Americas:
- Trump administration official resigns, urges student debt forgiveness – CNBC
- US commercial property prices rise 6.7% y-o-y in September – CRE Herald
- Retailers cut 85,000 jobs in past year – The Guardian
- Amazon holiday quarter sales forecast falls short of estimates – Reuters
- Warren says big banks may use repo-market volatility to get rid of liquidity rules they despise – Market Watch
- Bubble Watch: 1 in 4 Californians ‘seriously’ consider leaving the state – OC Register
- Corporate America freaks out over Elizabeth Warren – Politico
Europe:
- Germany enters official recession – This Money
- Chaos and layoffs: Factory recession infects German jobs market in threat to eurozone economy – Telegraph
- Draghi Winds Down ECB Tenure With Gloomy Take on Economy – Bloomberg
- Banking failures? Metro Bank posts loss during ‘challenging’ time – BBC
- Germany downturn drags eurozone to near stagnation – The Guardian
- European recession concerns: Draghi denied grand finale as economy weakens – RTE
- German economy continues to struggle with manufacturing troubles spreading to services – MarketWatch
Asia:
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- Asian Recession PANIC!!! Global recession top concern among APAC business leaders: Survey – CNBC
- Economic spiral! Sweden’s Handelsbanken to cut 800 jobs, pull out of Asia and Germany! – Reuters
- Pence tells Hong Kong protesters in China speech: ‘We stand with you’ – Reuters
- Chinese embassy staff head to Essex after bodies of 39 Chinese nationals found in UK truck – SCMP
- University staff tear down pro-Hong Kong posters authorized by student government – College Fix
- ‘You can never be China’s friend’: Spengler – Asia Times
- EU awards jailed Uighur activist rights prize, angering China – Reuters
Trans-Tasman:
- The Morrison Government is stupid and cruel, but I’m not giving in to it – The Independent
- Angus Taylor: the doctored documents mystery will weaken trust in politicians and journalism – The Guardian
- 80% of household water goes to waste – we need to get it back – The Conversation
- Scott Morrison rules out referring Angus Taylor document scandal to NSW Police – ABC
- Scott Morrison gave ‘negative globalism’ speeches without consulting Dfat – The Guardian
- Water traders without connection to farming are ‘failing the pub test’, Minister says – ABC
- ‘The rent just keeps dropping’: How Matt’s Sydney property dreams fell apart – ABC
- Queensland parliament passes laws to crack down on climate protesters – The Guardian
- Government underreported sick and disabled people on Newstart by 80,000 – The Guardian
- Migration appeals tribunal struggling with workload and clearance targets – The Guardian
- Overseas owners selling more NZ properties than they are buying – Interest.co.nz
- The housing investors may be stirring – Interest.co.nz