Global Macro / Markets / Investing:
- We May Be Heading Towards a Post-Dollar World – Economic Policy Journal
- Declining worker power versus rising monopoly power: Explaining recent macro trends – VOX
- Solar Power Will Soon Cost Less Than Coal – Bloomberg
- Why stocks could keep going higher even with massive unrest across America – CNBC
- Half of World’s GDP Moderately or Highly Dependent on Nature, Says New Report – WEF
Americas:
- The government shutdown spotlights a bigger issue: 78% of US workers live paycheck to paycheck – CNBC
- Salaries Get Chopped for Many Americans Who Manage to Keep Jobs – Bloomberg
- Wells Fargo stops giving loans to most independent car dealerships – Reuters
- The Coronavirus Layoffs Aren’t Over Yet – Bloomberg
- Trump administration to bar Chinese passenger carriers from flying to U.S. – Reuters
- NASDAQ trades within 2% of record high – Market Watch
- Millions Of Americans Skipping Payments As Tidal Wave Of Defaults And Evictions Looms – NPR
Europe:
- German Government agrees on Economic Stimulus of € 130 bn – Faz
- Unemployment in the EU jumped to 6.6% in April – Economo
- European economic activity is recovering rapidly after the blockades – Economo
- The rate of loans to the UK households fell in April – Economo
- Swiss bank fires back at Goldman Sachs over Bitcoin critique – Decrypt
Asia:
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- China orders state traders to stop buying American farm goods, threatening phase one trade deal – SCMP
- China says it’s ditching GDP targets. That could be good news for the world – The Guardian
- South Korea Unveils $62 Billion ‘New Deal’ to Reshape Post-Virus Economy – Bloomberg
- India launches $6.7 billion plan to boost electronics manufacturing – Reuters
- Asia’s factory pain worsens as China’s recovery fails to lift demand – Reuters
Trans-Tasman:
- News.com.au tumbles to sixth in ranking of Australia’s most popular websites, as ABC maintains lead – Mumbrella
- Tesla big battery recoups cost of construction in little over two years – Renew Economy
- More than 1.4m Australians in mortgage stress, almost 100,000 at risk of default after JobKeeper ends – ABC
- UK may ask Australia to give residency to fleeing British Hong Kong residents – The SMH
- Kevin Rudd accuses UQ of appearing to ‘bend the knee to Beijing’ – Brisbane Times
- Majority of Australians believe class action lawsuits a good thing, Essential poll finds – The Guardian
- ATO threatens fines and prosecution for misuse of early super access scheme – New Daily
- Government’s coronavirus response slammed for ‘alarming lack of oversight’ by retired judge – ABC
Other:
- Second Wave of Covid-19 Infections Hits in Iran – Bloomberg