Global Macro / Markets / Investing:
- Whistleblower: Wall Street Has Engaged in Widespread Manipulation of Mortgage Funds – Pro Publica
- Mortgage delinquencies caused by the coronavirus will exceed Great Recession levels, according to this forecast – MarketWatch
- Is the stock market experiencing the dreaded ‘dead cat bounce’? – Forbes
- Bruegel: Save markets to save the single market – Bruegel
- $15 trillion and counting: global stimulus so far – Hellenic Shipping News
Americas:
- Study finds 44% of U.S. unemployment applicants have been denied or are still waiting – CNBC
- Many Americans Are Getting More Money From Unemployment Than They Were From Their Jobs – Five Thirty Eight
- Americans are spending their coronavirus stimulus checks on food, gas and paying back friends – CNBC
- Hopes dim on quick economic recovery – The Hill
- Americans may be willing to pay $5 trillion to stop the spread of the coronavirus and save lives – The Conversation
- A study by the American Economic Report Finds that Increasing Cheap Imports from Foreign Companies Triggers a Decline in Wages, Household Wages, Consumption, and Non-Manufacturing Employment
- House Democrats pass $3 trillion coronavirus relief package – CNBC
- What do you think about mounting FED’s assets – St Louis Fed
- For millions of Americans, the coronavirus pandemic will make retiring harder – CNBC
Europe:
- Why Sweden’s COVID-19 Strategy Is Quietly Becoming the World’s Strategy – Foundation for Economic Education – Fee
- Border reopening: the European Union “can do better”, concedes the Secretary of State for Tourism – Business Devil Hunter
- Tesla’s Sales Fell 68% In The Netherlands And 92% In Norway In February – Forbes
- Coronavirus exposes Britain’s bogus self-employment problem – The Conversation
- After coronabonds, EU heads for clash over ‘corona’ tax in next budget – Reuters
- Mapping out the post COVID-19 recovery – Bruegel
Asia:
Advertisement
- China Threatens to Place Apple, Boeing, and Other U.S. Firms on ‘Unreliable Entities’ List – Yahoo
- China Wants Workers to Stay in the Countryside: Beijing is doubling down on its plan to keep migrants out of big cities. – Foreign Policy
- ‘Are we crazy?’ — Cramer says this is not the time to start a trade war with China – CNBC
- China cancels U.S. pork import order as U.S.-China trade war drags on – Reuters
- Chinese envoy says U.S. undermining global economy, virus fight – Reuters
- China’s Shoppers Aren’t Going to Restaurants, Bad Sign for Malls – Bloomberg
- China readies biggest counterattack – Global Times
- In China, four decades of economic growth screeches to a halt – NBC
Trans-Tasman:
- Australia is facing a ‘once-in-a-lifetime opportunity’ as cycling booms, advocates say – ABC
- I Criticized My University’s Ties to the Chinese Government. Now I Face Expulsion. – Foreign Policy
- Cafes, restaurants and pub dining to resume in Victoria from June – ABC
- Climate change talk has been around for 30 years. Where’s the action? – ABC
- Was Australia right to shut down to slow coronavirus? The economists’ verdict – The Guardian
- Australia making its presence felt at WHO while backing calls for major reform – The Guardian
- China can’t bully us into submission: the PM has Australians’ backing – The SMH
- Chinese officials refuse to call Australia back as coronavirus trade tensions bubble over – ABC
- Internet users on “high speed” NBN alternatives will now subsidise the loss-making NBN through a forced broadband tax. – ZDNet
- Australia secures European support for independent pandemic probe – The SMH
- National Covid-19 Coordination Commission scrutinised – The Saturday Paper
- Labor calls for end to ‘decade-long barney’ on climate wars in post-pandemic recovery – The Guardian
- Foreign students show Morrison at his most flexible – and stubborn – The SMH
- ‘Carmageddon’: Thousands of Sydneysiders to be pushed off public transport – The SMH
- In our economic reset, should we disengage from China? – Interest.co.nz
- House prices got a bit of a lean on in April – Interest.co.nz