Global Macro / Markets / Investing:
- Rise of the superstar firms: Taking oligopoly seriously in macroeconomics – VOX
- How much UBI spending should go to children? – UBI Centre
- Stocks Don’t Care About the Coup – The Atlantic
- Markets upbeat on Yellen’s push for large fiscal stimulus – Business Times
Americas:
- 900,000 filed for jobless claims last week, a historically high level as Biden inherits worst job market of any modern president – Washington Post
- Trump Promised a ‘Good and Easy To Win’ Trade War, Then Lost It – Reason
- Walmart and McDonald’s have the most workers who rely on federal aid to make ends meet, food stamps and Medicaid – Mazech
- U.S. Housing Starts Rose to Fastest Pace Since 2006 in December – Bloomberg
- How the American Unemployment System Failed – NY Times
- What President Biden Inherits – Fact Check
- President Biden’s Tax Plans for the Next Few Years – Kiplinger
Europe:
- Italy says it will sue Pfizer over delays in vaccine delivery. – NY Times
- European Parliament calls for halt on Nord Stream 2 construction following Navalny arrest – DW
- European Court of Human Rights has found Russia guilty of ethnic cleansing of Georgian civilians following the ceasefire of the August 2008 war – Agenda
- ‘Gas is over’: EU bank chief signals phaseout of fossil fuel finance – Climate Change News
- Anger builds among manufacturers as EU customers cancel orders due to Brexit red tape – Independent
- UK refuses to grant EU diplomats full status, sparking row – Reuters
- UK helps Kenya prepare to roll-out COVID-19 vaccine – Reuters
Asia:
- EU Parliament condemns China deal over Hong Kong crackdown – SCMP
- China deal damages EU’s human rights credibility, MEPs to say – The Guardian
- China’s economic centre of gravity is moving south – Economist
- BlackRock’s China challenge a red flag for Biden – Asia Times
- China releases 30,000 tonnes of pork from state reserves – China Daily
Trans-Tasman:
- Clive Palmer’s Queensland coal mine plan poses ‘significant risks’ to Great Barrier Reef – ABC
- NSW Premier’s office cleared of breach after shredding documents – The SMH
- More than 30 countries condemn Australia at UN over high rates of child incarceration – The Guardian
- Biden Administration’s Momentum Bodes Ill for Australia’s Lackluster Climate Change Policies – The Diplomat
- Australian Open tennis player in hotel quarantine tests positive for COVID-19 – The SMH
- Why does The Australian despise Melburnians so much? – The Shot
- Peter Dutton says refugees released from Melbourne hotel detention to save money – The Guardian
- Emirates to resume flights to three Australian cities less than a week after cancelling them – ABC
- Confessions of a carbon emitter: Andrew Forrest on the promise of green hydrogen – ABC
- Australia’s mishmash of COVID border closures is confusing, inconsistent and counterproductive – The Conversation
- BNZ cuts mortgage rates now too, quickly followed by ASB – Interest.co.nz
- Assessing QE’s impact on wealth and income inequality – Interest.co.nz
- Population growth from migration down by 92% in November year-on-year – 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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