Global Macro / Markets / Investing:
- Dow Rises 600 Points and Sets Record as Democrats Lead Georgia Elections – The Street
- Stocks fall, bond yield rise as investors brace for possible Democrat triumph in Georgia – Sun Daily
- World Economy Faces Debt Doom Loop, More Inequity Post Pandemic – Bloomberg
- Fed’s Mester says policy will stay accommodative for ‘quite some time’ – Investing
Americas:
- Report: 60% of US companies are under financial or operational stress, 14% in distress – Nuadox
- Joe Biden now says he wants to give you a third stimulus check — for $2,000 – Yahoo
- Researchers expect the US to face underpopulation, blaming a falling birth rate and economic crises – CNBC
- Corporate group urges officials to consider quick removal of Trump – Reuters
- Universities pay millions to departing football coaches amid cuts to staff members – Inside Higher Ed
- U.S. private payrolls decline in December for first time since April – Reuters
- Democrat Warnock Wins as Senate Hinges on Second Georgia Runoff – Bloomberg
Europe:
- UK car sales crash to almost 30-year low – Tech Xplore
- Electric cars rise to record 54% market share in Norway in 2020 – Reuters
- UK Probes Nvidia’s Arm Takeover – The Techee
- Euro zone companies see productivity boost from pandemic – ECB survey – Reuters
- Britain’s “Sovereignty” Obsession has lead to a Brexit Deal that Will Cause Economic Problems in 2021 and Beyond – Econo Blog
- Norway becomes first country to sell more electric cars than petrol vehicles.. – Independent
Asia:
- In 2020, Chinese automakers sold 25.3 million vehicles, down 2% from the previous year – Nikkei
- China ‘misled world’ on Hong Kong security law, says Dominic Raab; EU urged to drop economic deal with China – The Guardian
- European Parliament members say Hong Kong arrests threaten EU-China deal – SCMP
- Bird Flu: India to Cull Poultry Amid Fears of Virus – BBC
- Kim Jong-Un Says North Korea’s Economic Plan Failed – BBC
- China Blocks Entry to WHO Team Studying COVID’s Origins – The Guardian
- Dozens of Hong Kong Pro-Democracy Figures Arrested in Sweeping Lockdown – The Guardian
Trans-Tasman:
- Threats and Seductions: John Menadue on Rupert Murdoch’s handling of politicians – Michael West
- Allowing fans at Sydney Test for ‘mental health’ labelled ‘laughable’ as Berala cluster perturbs authorities – The Guardian
- Australian international departures outpace arrivals during coronavirus pandemic – ABC
- Morrison says vaccinations to begin in mid-to-late February as Queensland quarantine worker tests positive – The Guardian
- Holden over and out with just 28 car sales in December – Car Advice
- Scott Morrison wrongly claims UK is not safety testing COVID vaccine – The SMH
- Victoria’s coronavirus transit permit process is live but some are still making long journeys home – ABC
- Victoria’s border unlikely to open this month as thousands stuck in NSW wait on exemptions – The Guardian
- 2020 vehicle sales crash – Interest.co.nz
- Shortage of homes to buy grows severe – Interest.co.nz
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.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.
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