Global Macro / Markets / Investing:
- Stanley Druckenmiller says the stock market is in an ‘absolute raging mania’ – CNBC
- US stock market’s ‘BIGGEST BUBBLE EVER’ may have popped but the worst is yet to come – Peter Schiff – RT
- Exxon downsizes global empire as Wall Street worries about dividend – Reuters
- Good Times for Some: Billionaires—Pandemic edition – Anti Cap
Americas:
- The Fed Now Owns Nearly One Third of All US Mortgages – The Street
- A Record Number of Americans Are Expected to Renounce U.S. Citizenship This Year – US News
- NPR Poll: Financial Pain From Coronavirus Pandemic ‘Much, Much Worse’ Than Expected – NPR
- Biden Pitches Corporate Tax Changes to Boost U.S. Jobs – Yahoo
- Southern California builders double home construction plans, but it’s no boom – PE
- US farmers in line for record $37bn in government handouts this year – FT
Europe:
- Could Russia introduce universal basic income? Former President Medvedev, now leader of governing United Russia, supports idea – RT
- European GDP recorded its largest decline in Q2 2020 since 1995 – Economo
- U.S. House Speaker warns Britain that breaking Brexit treaty could imperil trade pact – Reuters
- EU: Britain must respect Brexit deal down to the letter – ABC
- How Bulgaria became the mafia state of the EU – Politico
- Fight fire with trade: how Europe can help save the Amazon – The Conversation
- How France created a university to rival MIT – Economist
- In new Brexit turmoil, UK says it may break law in ‘limited way’ – Reuters
Asia:
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- US companies plan to stay in China despite Trump’s threat to ‘decouple’ trade – RT
- Japan companies line up for ‘China exit’ subsidies to come home – Nikkei
- Nintendo Said to Boost Switch Production by Another 20% – Bloomberg
- ‘Mulan’ Xinjiang scenes filmed near 10 internment camps, 5 prisons – Taiwan News
- Anger in China as doctor who died of Covid-19 omitted from citizen awards. – The Guardian
- China threatens and intimidates people within Canada as Ottawa remains silent – The Star
Trans-Tasman:
- Scott Morrison already negatively gearing cubbyhouse – Chaser
- Single-use plastics banned in SA after legislation passes parliament – 7News
- Federal Government spending $5 billion per year on contractors as gig economy grows inside public service – ABC
- China is bullying Australia, says global coalition of MPs – The Age
- Research reveals shocking detail on how Australia’s environmental scientists are being silenced – The Conversation
- Freezing super guarantee will cost federal government billions in future – The Guardian
- Now here’s a new twist: Clive Palmer’s crusade against WA may extend to testing the property rights of overseas investors – The Conversation
- How Australia’s ‘white gold’ could power the global electric vehicle revolution – The Guardian
- Adani launches own rail company to transport coal – ABC
- ‘I was never consulted’: Police did not request Victorian curfew – The Age
- Victoria’s job losses: There’s no road to recovery without containing COVID-19 – The Conversation
- NSW faces $10b hit from from GST shortfall, analysis shows – The SMH
- Could National call a national infrastructure bank a bank? – Interest.co.nz
- Why no major political party will go near the behemoth that is housing – Interest.co.nz
- Labour Party brings 100% renewable target forward by five years – Interest.co.nz
- Perhaps house prices really do double every 10 years, or maybe not – Interest.co.nz