Global Macro / Markets / Investing:
- Wall Street’s Biggest Dogs All Need Bitcoin for the Upcoming Years – Medium
- COVID-19’s economic fallout will long outlive the health crisis, report warns – UNCTAD
- Global inequality highest in decades — Sustainable Review
- Stocks extend their gains on report Biden to pick Yellen for Treasury, Dow up 400 points – CNBC
- New regional trade deals to help China ‘sustain its advantages’ in global supply chains – CNBC
- IMF calls for expansion of debt relief beyond world’s poorest countries – Reuters
Americas:
- More than 100 C.E.O.s urge Trump to let the transition of power begin. – NY Times
- Nail Salons, Lifeline for Immigrants, Have Lost Half Their Business – NY Times
- US economy hurtles toward ‘COVID cliff’ with programs set to expire – The Hill
- Eight mayors: We need a Marshall Plan for Middle America – Washington Post
- Canceling student loan debt would be ineffective at boosting US economy, study shows – Fox Business
- The Government’s Reckless Student Lending is Creating a Budget Hole Akin to the 2008 Crisis, New Analysis Shows – FEE
- Americans wait at food banks before Thanksgiving – Axios
- Biden to choose ex-Fed chair Yellen as first woman Treasury secretary, allies say – Reuters
Europe:
- The government of Great Britain doesn’t want English students studying how capitalism is killing us. – Consortium News
- Turkey prevents German peacekeeping Frigate inspection on suspicious freighter heading to Libya – Spiegel
- French police interrogated at least 14 students over comments flagged as “inappropriate” – NY Times
- Europe climate group calls for end to subsidies for plug-in hybrid cars – Yahoo
- EU lacks defence capabilities to meet ‘strategic autonomy’ goals – Euractiv
Asia:
- China says it will respond to US admiral’s visit to Taiwan China’s response will be more pressure on Taiwan – Money 2U
- China Is Set to Eclipse America as World’s Biggest Oil Refiner – Bloomberg
- China vows to guard financial stability after big-name defaults – Nikkei
- China Raises $4.75 Billion as Euro-Bond Sale Draws Bumper Bids – Bloomberg
- India’s banking rules need to close the door to tycoon cronyism – The Print
Trans-Tasman:
- Victoria has no active cases of coronavirus for the first time since February – ABC
- NSW Premier Gladys Berejiklian admits she didn’t isolate after coronavirus test last week – ABC
- Australian War Crimes in Afghanistan Are the Product of an Endless War for Profit – Jacobin Mag
- Qantas to require coronavirus vaccine before travel, Alan Joyce confirms – News
- Ita Buttrose says intensifying campaign against ABC contains ‘malicious garbage’ – The Guardian
- Regional dams for drought-proofing or mining profits? – Michael West
- Queensland will open to NSW and Victoria on December 1 if they maintain no cases tomorrow – ABC
- Another food delivery worker has been killed, bringing the death toll in Australia to five in two months – SBS
- ‘We can’t plan, we have no future’: Mascot Towers apartment owners still living in limbo – ABC
- New housing supply starting to overtake population growth in Auckland – Interest.co.nz
- Over-65s owe $21 billion on mortgages – Interest.co.nz
- NZIER sees 5% GDP growth by early 2022 – Interest.co.nz
Leith van Onselen is Chief Economist at the MB Fund and MB Super. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.
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