Global Macro / Markets / Investing:
- JPMorgan’s Math Shows Why U.S. Stocks Can Keep Rallying – Bloomberg
- Jim Cramer on Wall Street’s relation to George Floyd protests: ‘The market has no conscience’ – CNBC
- “Coronavirus impact: Markets are out of step with grim reality” – FX Street
- As Millennials Near 40, They’re Approaching Family Life Differently Than Previous Generations – PEW Social Trends
- Poor Countries Face a Debt Crisis ‘Unlike Anything We Have Seen’ – NY Times
Americas:
- The Atlanta Fed’s latest model estimates a 52.8% GDP contraction this quarter as the US grapples with COVID-19 – Business Insider
- US food prices see historic jump and are likely to stay high – AP News
- U.S. Economic Recovery Will Drag On Through Next Year, CBO Says – WSJ
- The COVID-19 Recession May Change The Way Americans Spend Forever – Buzz Feed News
- U.S Savings Rate Hits Record 33% – CNBC
Europe:
- The UK government is taking money out of “dormant” bank accounts to support the country’s coronavirus response – Decrypt
- Eurozone manufacturing activity edged higher in May – Economo
- Europe’s factories starting to recover, Asia’s pain worsens – Reuters
- EU Unveils New 750bn Euro COVID-19 Recovery Plan – Be In Crypto
- Spain approves national minimum income scheme – Independent
Asia:
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- South Korea Unveils $62 Billion ‘New Deal’ to Reshape Post-Virus Economy – Bloomberg
- China says it’s ditching GDP targets. That could be good news for the world – The Guardian
- Asia’s factory pain worsens as China’s recovery fails to lift demand – Reuters
- Is poverty the mother of crime? Evidence from homicide rates in China – Journals
- China Halts U.S. Farm Imports, Threatening Trade Deal – Crypto Price
- China’s Barely Begun Economic Recovery Shows Signs of Stalling: More and more factories are reopening, but they face falling orders from overseas customers. – WSJ
- China is seeing a V-shaped recovery, but that may not be global norm – CNBC
- China’s Consumers Aren’t Spending. A Bad Omen for Other Countries? – Barron’s
Trans-Tasman:
- ‘A waste of money’: NBN Co rolls out more copper over ‘future proof’ fibre – New Daily
- Coalition won’t rule out passing new laws to reboot robodebt scheme – The Guardian
- Robodebt bungle: Government’s bill for failed scheme to be more than $720 million quoted – News.com.au
- Robo-dead: The PM imposed an illegal ‘debt’ collection scheme on Australia’s most vulnerable – The Monthly
- Commonwealth acted unlawfully in shutting down live export trade: Federal Court – ABC
- NBN should consider buying fibre networks from Telstra, Labor says – The Guardian
- ‘Investors already anxious about it’: Australia’s gas future questioned on Q+A – ABC
- Morrison funds new kitchens — slashes unemployment benefits – Independent Australia
- Coalition gave private pathology companies lucrative Covid contracts – The Guardian
- Housing market comes back to life in May but price signals still very mixed – Interest.co.nz
- Economic recovery ‘better than expected’ – Interest.co.nz
- Residential building consents down 16.8% in April compared to April last year – Interest.co.nz