Global Macro / Markets / Investing:
- 54% of adults want to mainly work remote after pandemic: IBM study – Business Insider
- Private equity is a club and the ordinary investor is not invited – FT
- Buffett’s Berkshire buys 5% stake each in five Japanese trading firms – Reuters
- The Stock Market Is Near Correction Levels – Forbes
- Mohamed El-Erian says ample Fed liquidity is causing ‘excessive risk taking’ in the market – Markets Insider
- U.S. tech stocks are now worth more than the entire European stock market – CNBC
Americas:
- New York’s not dead, but pandemic has laid bare deep-seated problems – The Guardian
- Social Security May Need to Issue Bonds to Remain Solvent – Bloomberg
- Are you angry with the Fed? You should be – The Hill
- With Second Stimulus Checks on Hold, Americans Spend Less at the Grocery Store – WSJ
- The Fed – Fertilizing the Rich Man’s Field with the Sweat of the Poor Man’s Brow – The 92ers
- New Covid-19 Layoffs Make Job Reductions Permanent – MSN
- Trump Oversells His Economic Success Story – Bloomberg
Europe:
- Will the Strong Economic Rebound in the UK Quickly Lose Momentum? – Econblog
- America’s poorest are richer than most average Europeans: Study – Acton
- What is the Current Situation With Brexit? – EconBlog
- Will the Strong Economic Rebound in the UK Quickly Lose Momentum? – Econoblog
- Turkish mayors accuse government of coronavirus cover-up – FT
- EU must rebalance China economic ties before it’s too late: Josep Borrell – SCMP
Asia:
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- China’s Mega Banks Post Worst Profit Slump on Bad Debt Wave – Bloomberg
- India Sets Global Record with Single-day Rise of 78,761 Coronavirus Cases – Reuters
- Destroyed Lives and Submerged Homes in Flood-hit India – BBC
- China Captures Hong Kong Activists Fleeing to Taiwan by Sea – NY Times
- With a Wary Eye on China, Taiwan Moves to Revamp Its Military – NY Times
- President fires back at Chinese netizens over Taiwan’s sovereignty – Taiwan News
- Xi says China to step up efforts to fight ‘splittism’ in Tibet – Reuters
Trans-Tasman:
- Students face 20 years of debt under university fee changes, modelling finds – The SMH
- The sick culture at the heart of corporate Australia – The SMH
- Jobseekers in locked-down Melbourne brace for ‘devastating’ $300 cut to welfare – The Guardian
- Australia abandoned us – now we’re homeless in Singapore – The Age
- Australian greenhouse gas emissions fall to lowest level since 1998 under Covid restrictions – The Guardian
- VIC Premier Daniel Andrews hit with multi-billion dollar class action claim – Yahoo
- Australia’s big polluters required to offset just 1.2% of greenhouse gas emissions – The Guardian
- Proposal to raise Medicare levy could help fix aged-care sector – New Daily
- Port of Darwin ‘critical’ in new commonwealth power to veto deals with foreign governments, Albanese says – The Guardian
- Australia’s top economists oppose the next increases in compulsory super: new poll – ABC
- Businesses ‘look through’ re-emergence of Covid’ – Interest.co.nz