Global Macro / Markets / Investing:
- Goldman Sachs thinks the US recovery is running into trouble – CNN
- Tesla mocks shortsellers with sale of red satin shorts – Reuters
- U.S. Federal Reserve Ready To Buy Stocks – Yes Really. – Seeking Alpha
- Financial analyst Gary Shilling says the stock market could see a 1930s-like decline – CNBC
- Global tourism stands to lose up to $3.3 trillion from COVID-19 – Reuters
Americas:
- Trump’s Small Biz Rescue Bailed Out Kushner’s Family, Obama’s Aides and Other Political Elite – Daily Beast
- Existing U.S. home sales fall to lowest levels since 2010 – SGV Tribune
- Trump breaks his promise by piling up debt – Madison
- Unemployment rate won’t recover for the next decade, CBO projects – CNN
- The world’s most accurate economist says a full US recovery is unlikely before 2022 – Business Insider
Europe:
- The ECB expects two years of deflation and economic transformation due to the crisis – Economo
- UK imposes sanctions on Russians and Saudis over human rights – FT
- Europe losing forest to harvesting at alarming rate, data suggests – The Guardian
- Spain’s coronavirus antibodies study adds evidence against herd immunity – CNN
- EU threatens escalation in tariff fight over Boeing and Airbus subsidies – BBC
- French central bank sees full rebound in GDP in wake of virus lockdown: France’s economy is expected to grow 14% in Q3 – Reuters
- Banks Are Ditching London Offices and Not Just Because of Covid-19 – Bloomberg
Asia:
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- China needs a bull market to build strength – Edge Markets
- Chinese ambassador: UK ban on Huawei would damage trust – The Guardian
- The EU must oppose China’s interference in the Dalai Lama’s succession – Euractiv
- China warns UK over Hong Kong ‘interference’ – BBC
- China hints at trade boycott if UK ditches Huawei from 5G – The Times
Trans-Tasman:
- Centrelink staff forced to administer botched robodebt scheme deserve apology, union says – The Guardian
- Victoria braces for nearly 200 new coronavirus infections – ABC
- Doctors ‘bullied’ by hospital administration for asking to wear masks – The SMH
- Australia set to join ‘the greatest human capital harvest in recent memory’. – The SMH
- Coronavirus Victoria: Security firm had guards at quarantine hotels and locked-down housing estates – The Age
- WA pushes for cap on international flights to reduce coronavirus risk – ABC
- Urgent action needed to prevent lockdowns at other high-rise towers: residents – The Age
- Coalition announces $190m plan to divert 10m tonnes of waste from landfill – The Guardian
- ‘Two speed’ retail sector emerges – Interest.co.nz
- More people are leaving New Zealand than are arriving – Interest.co.nz
- Air NZ halts inbound bookings – Interest.co.nz