Weekend Reading 1-2 August 2020
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Global Macro / Markets / Investing:
- Coal Consumption Plunged to Lowest Since at Least 1973. Why There’s No Hope for Coal – Wolf Street
- Stocks Drop on Dour Economic Data – WSJ
- Stocks plummet on worst GDP data on record increase in unemployment – The Hill
- Stimulus Is Failing: Global Banks to Break Support Levels, US Dollar Plummets to 2-Year Low – Bitcoin News
- Central banks face a new challenge – Economo
- Flexible inflation targeting is not a panacea – Economo
Americas:
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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.