Global Macro / Markets / Investing:
- Inside The $2.5 Trillion Debt Binge That Has Taken S&P500 Titans Including Boeing And AT&T From Blue Chips To Near Junk – Forbes
- The Share Economy won’t survive 2020: Airbnb Case Study – Towards Data Science
- Why is the stock market rallying when the economy is in free fall? – Medium
- The Coronavirus Is Exposing Wall Street’s Reckless Gamble on Bad Debt – New Yorker
- Millenials with a white-collar job never knew they needed trade unions. This pandemic might change that. – Medium
Americas:
- Canadian Real Estate Prices Expected To Drop Up To 18% – Better Dwelling
- Some 42% Of Jobs Lost In Pandemic Are Gone For Good – Forbes
- The Mall of America hasn’t paid its $Billion+ mortgage in two months. Commercial mortgage backed securities are hurting. – CNBC
- ‘Call it fate, call it karma’ — Why the coronavirus is merely ‘the final kick into the abyss’ for the U.S. economy – Market Watch
- Thousands of Americans ignore social distancing, flock to beaches and parks on Memorial Day weekend – Mazech Media
- Airbnb hosts are planning to sell off their properties because of the pandemic – CNN
- Mexico can benefit from Chinese economic slowdown, Lopez Obrador says – Financial Post
Europe:
- German economy reported its biggest decline since the financial crisis – Economo
- Britain forced companies to cover up to 30% of workers’ wages – Economo
- UK draws up plans to restrict Chinese inward investment – FT
- The ECB is likely to provide more stimulus to the economy in early June – Economo
- Leading economist warns of 10 years of depression and debt – BBC
- UK debt soars to highest since 1963, retail sales slump – Reuters
Asia:
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- China warns audit plans will drive companies from US exchanges – FT
- Reserve Bank of India cut its key interest rate to a record low – Economo
- China may become one of many hubs as companies diversify manufacturing after Coronavirus shock – CNBC
- Why Beijing’s new tech master plan will make it more dependent on the US, not less – SCMP
- China’s One Belt One Road worsens fiscal woes in host nation: US – Outlook India
Trans-Tasman:
- ‘Rampant corruption’ goes unpoliced as hundreds of billions fly out the door – Voice of Action
- Morrison government finally admits there will be electric utes, and EVs can tow caravans – The Driven
- A ‘fire age’ to rival the ice ages is be upon us, warns global fire historian – ABC
- Australians are beginning to act as if the coronavirus is defeated. The biggest danger now is complacency – The Guardian
- Coronavirus case confirmed at Waverley College in Sydney’s east – ABC
- Government warned economy could fall off a cliff in September without more stimulus – New Daily
- Australia’s severe bushfire season was predicted and will be repeated, inquiry told – The Guardian
- Australia stalls on emissions target update as UN urges deeper cuts – The Guardian
- JobKeeper and the coronavirus stimulus bill has been slashed, but what can we do with the extra cash? – ABC
- ‘The cliff’: what happens when Australia’s coronavirus stimulus runs out of road? – The Guardian
- Morrison says support measures are only temporary ‘medication’ for sick economy – The Guardian
- Lockdown smashes monthly mortgage figures – Interest.co.nz
