Global Macro / Markets / Investing:
- Jeff Bezos will be worth $300 Billion when Amazon hits $5,000 a share, World’s 8th Largest Economy – Crypto Price
- Stock-market legend who called 3 financial bubbles says this one is the ‘Real McCoy,’ this is ‘crazy stuff’ – MarketWatch
- Billionaires Get $583 Billion Richer Since Coronavirus Began – NewsWeek
- Fed’s stock market manipulations will lead to ‘another bubble & major meltdown,’ chief strategist tells Boom Bust – RT
- Is there a link between the US economy and the stock market? – Economo
Americas:
- Jobless claims total 1.5 million, worse than expected as economic pain persists – CNBC
- Democrats unveil $1.5 trillion infrastructure plan in USA – The Hill
- U.S. labor market recovery stalling; second wave of layoffs underway – Reuters
- 30% of Americans missed their housing payments in June – CNBC
- Fed: Support for households and businesses should not stop too quickly – Economo
- Hawaii grapples with Great Depression-level unemployment as tourism plummets – ABC News
- The extra $600 Americans receive in weekly unemployment benefits ends in July — how that could cost the U.S. more jobs – MarketWatch
Europe:
- Germany has sold the largest amount of 10-year bonds since 2014 – Economo
- The Fed follows the path of the ECB – Economo
- Bank of England prints £100 billion more to save the UK economy – Crypto Price
- Bank Of England Announces An Additional £100 Billion In Stimulus – Crypto Associate
- The UK inflation fell to the lowest level since 2016 – Economo
- Eurozone inflation slowed to a 4-year low in May – Economo
- UK government aid goes to tax avoiders – Tax Watch
Asia:
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- Hong Kong dollar safe from speculators for now – SCMP
- Asian markets decline after Wall Street gains on recovery hopes – Market Watch
- Huawei is a national security threat, warns ex-Google boss Eric Schmidt – The Telegraph
- Trump renews threat to cut ties with China – Reuters
- China rattled by ‘boycott China’ campaign launched by Ladakhis, echoed by rest of India – Tribune India
- Taiwan announces humanitarian aid plan for people fleeing Hong Kong – SCMP
- It’s Official: Trump signs bill calling for sanctions over China treatment of Uyghurs – Reuters
Trans-Tasman:
- AEC cracks down on purple and white signage in Eden-Monaro by-election – New Daily
- Claims major projects are being delayed by environmental ‘lawfare’ dismissed in new research – The Guardian
- Robodebt victims could face second round of pain – tax bills on refunds – The Guardian
- University fees to be overhauled, some course costs to double as domestic student places boosted. – ABC
- Sydney landlord charged after allegedly holding tenant who couldn’t pay rent hostage – ABC
- Corrupted unemployment number obscures more than it reveals – ABC
- Australia exposes China’s many hidden hands – Asia Times
- How will fresh faces strengthen covid-19 isolation processes? – Interest.co.nz
- Mortgage and term deposit rates on slippery slope lower – Interest.co.nz
- Beware Grant – pumping $60 billion into the economy has consequences – Interest.co.nz
- The number of people in NZ on work, student & residence visas down 3% since March – Interest.co.nz