Global Macro / Markets / Investing:
- The Gig Economy Compromised Our Immune System. Epidemics exploit the weak spots of the societies they erupt in. Covid-19 went for the low-paid who couldn’t work from home. – Bloomberg
- Millennials & Gen Z speculating on dead businesses are buying deckchairs on the Titanic – Max Keiser
- Mass Consumption Is What Ails Us – Foreign Affairs
- Executives are selling stock as the market experiences its epic rebound – CNBC
- Rating agencies owe more transparency to the market – Economic Daily
- The return of inflation in developed countries is impossible without currency devaluation – Finances Herald
- Here’s where the S&P 500 may head next after bouncing nearly 50% off March lows – CNBC
- Companies are stopping coronavirus-related perks, benefits for employees, customers – VOX
- It Is Time to Open Your Eyes, the Stock Market Is in the Middle of a Tech Bubble – Medium
Americas:
- The GOP war on unemployment aid is bad for workers and disastrous for the economy – LA Times
- Unemployment Payments Could Be Delayed Up To 20 Weeks Under GOP Proposal – Forbes
- Trump wants a payroll tax cut. Will it help the US economy? – Aljazeera
- A Lot of Americans Are About to Lose Their Homes – The Atlantic
- The Worst for U.S. Renters and Apartment Owners Is Yet to Come – Bloomberg
Europe:
- The European economy will recover faster from the crisis than the US – Finances Herald
- Eurozone economic activity rose for the first time in 5 months – Economo
- German business activity recorded its first increase in five months – Economic Daily
- Russian central bank has cut key interest rates to record lows – Economic Daily
- Electric-Car Subsidies Make Renaults Free in Germany – Bloomberg
- Spain’s COVID-19 death toll could be 60% higher than official count – Reuters
Asia:
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- Indonesian migrants in Malaysia intimidated as they face COVID-19 infection, hunger – ABC
- North Korea Locks Down City After Suspected Coronavirus Case – Japan Times
- Goldman Sachs Settles with Malaysia for $3.9 Billion Over 1MDB Corruption Scheme – Reuters
- Uighurs reveal how China regime turned hospitals in centres of murder. – Daily Mail
- Hong Kong, China stocks tank as Beijing closes US consulate in Chengdu, the ‘last straw’ for spooked investors – SCMP
- EU to limit tech exports to Hong Kong after Chinese clampdown – Reuters
- China drafts new rules to ensure foreign teachers protect national ‘honour’ – Globe & Mail
Trans-Tasman:
- ‘Trickle-down fantasy’: Stimulus tax cuts face fresh attack as $28b cost revealed – The Age
- NSW Liberal seats get majority of sports funding, again. – The SMH
- Australia’s regulator sues Google over personal data use – Reuters
- Coronavirus Victoria: 75 people could die this week as state records 532 COVID-19 cases – News.com.au
- Coalition Zombie Grants: a slush fund to be reawakened for the next election – Michael West
- Queensland threatens to ‘slam the border shut’ as NSW outbreak grows – The SMH
- Thatcher-inspired changes on the way from Frydenberg, Labor fears – New Daily
- Covid-19 to compound GFC’s lasting impact on young Australians’ pay and career progression – The Guardian
- Stamp duty paused for NSW first home buyers to boost construction – The SMH
- First home buyers take record share of monthly mortgage lending – Interest.co.nz
- Mortgage payments on typical 1st homes the most affordable they’ve been in nearly 4 years – Interest.co.nz