Global Macro / Markets / Investing:
- Banks Were Having Problems Six Months Before COVID-19. What might this mean in the long-term? – Medium
- Fed ‘Bubbles’ Strategy Confronts Concerns About Low Rates – WSJ
- We’re in a depression, not recession — and the scars will take years to heal – Financial Post
- Millennials and the Economy: Coronavirus Is the Second Setback in a Generation – Morning Consult
- Why, despite the coronavirus pandemic, house prices continue to rise – Economist
- Globalisation unwound. Has COVID-19 killed globalisation? – The Economist
- The Future of Globalisation – Bruegel
Americas:
- Some 837,000 Americans filed jobless claims last week as pandemic layoffs continue – ABC News
- House Passes $2.2 Trillion Stimulus Bill, But That Doesn’t Mean $1,200 Checks And More Unemployment Benefits Are On The Way – Forbes
- The covid-19 recession is the most unequal in modern U.S. history – Washington Post
- The Uneven Recovery of U.S. Small Businesses – Visual Capitalist
- US workers file 837,000 more jobless claims as COVID-19 total nears 63 million – NY Post
- Trump tax revelations shine a spotlight on IRS enforcement – The Hill
- Half of Americans over 55 may retire poor – Market Watch
Europe:
- Survey: London loses 7,500 finance jobs over Brexit – Malay Mail
- The scarring effects of downturns on young workers – Vox EU
- Strengthening the international role of the euro – Bruegel
- The ECB changes its inflation policy, Lagarde: “the 2% target is no longer realistic” – Finance Drops
- Germany’s World War I Debt Was So Crushing It Took 92 Years to Pay Off – History
- EU launches legal action against UK for breaching withdrawal agreement – The Guardian
Asia:
Advertisement
- China’s Yuan Is Riding High as Economy Recovers, Foreign Investors Pump In Money – WSJ
- 5,000 pets found dead in boxes at Chinese shipping depot – CBS News
- UK to exclude Chinese students from sensitive subjects – Reuters
- After Hong Kong: China sets sights on solving ‘the Taiwan problem’ – The Guardian
- West ‘got it wrong on China’, warns MI6 boss – Yahoo
- Hong Kong leader vows to resist foreign pressure as city marks National Day – SCMP
Trans-Tasman:
- Half of Australian industries are dominated by a ‘big four’ — and it’s likely to get worse – ABC
- Mural of federal politicians smoking coal with ice pipes ‘censored’ after complaints – ABC
- Morrison government allowing rich foreigners in ahead of 28,000 stranded Australians – The Guardian
- Doctor marched off Jetstar flight by police over voicing coronavirus fears – New Daily
- One job, 4079 applications: The struggle faced by Australia’s JobSeekers – New Daily
- Australia to open borders between New Zealand and some states as coronavirus restrictions ease – ABC
- Curtains for Sizzler in Australia as COVID forces full closure – The Age
- NSW Coalition putting ‘head in the sand’ over corruption watchdog’s $4m funding shortfall – The Guardian
- Scott Morrison is governing in the worst of times, but he doesn’t have a nickname for nothing – ABC News
- ‘It’s degrading’: Australians on the poverty line brace for pain after jobseeker cuts – The Guardian
- Retailing is bouncing back surprisingly strongly as COVID restrictions ease – Interest.co.nz
-
Advertisement
- KiwiSaver 1st-home buyer withdrawals up 25% in a year, fund switches double – Interest.co.nz
Yesterdays MB Fund podcast – Tim, David Leith & David – on the implications of lending law changes, and other likely stimulus measures on housing market ….
For anyone who missed, last weeks podcast about the effect of loosening ‘lending responsibility’ laws as they apply to banks……
