Global Macro / Markets / Investing:
- Why Low Interest Rates Will Not Help Recover the Economy – Global Policy Journal
- Stimulus falls short on preventing long-term economic damage: El-Erian – Yahoo
- The high economic costs of disrupted school – Axios
Americas:
- Yellen: Biden stimulus plan ‘up to the job’ of addressing pandemic challenges – Politico
- Bill would allow tech companies to create local governments – Review Journals
- Democrats overwhelmingly favor free college tuition, while Republicans are divided by age, education – Pew Research
- Covid-19’s Hit to State and Local Revenues Is Smaller Than Many Feared – WSJ
- Yellen says U.S. could return to full employment next year if Congress passes $1.9 trillion stimulus – CNBC
- U.S. Treasury’s Yellen: Americans earning $60,000 should get stimulus checks – Reuters
- Rising inflation is no threat to the U.S. economy – or is it? – Market Watch
- Despite huge losses, US airlines are rolling in cash – CNN
Europe:
- Russia does not want constructive dialogue with Europe, says Borrell after Moscow visit – Euro News
- More than 12 million in UK have had first Covid jab – BBC
- UK ‘vindicated’ over ‘brave’ decision to delay second vaccine dose, WHO official says – Sky
- Exports from UK to EU down 68% since Brexit trade deal, say hauliers – Reuters
- UK ‘in denial’ over fisheries losses from Brexit deal – Euractiv
- UK says COVID-19 booster and annual vaccinations very probable – Reuters
Asia:
- China issues new anti-monopoly rules targeting its tech giants – Reuters
- China invests in first European university campus ahead of 17+1 meeting – New EU
- China’s forex reserves fall in January – Xinhuanet
- Asian shares near all-time peak, oil heads to US$60 on economic revival hopes – Channel News Asia
- China’s jets set to challenge Boeing and Airbus – Asia Times
- Beijing Launched Public Registration For The Trial Of The PBoC-Backed Digital Yuan – Christophe Barraud
Trans-Tasman:
- ‘How good is Australia?’ Labor crunches the numbers to answer Morrison’s question – The Guardian
- The bushfire areas that took a $300 million hit but did not qualify for funding – The SMH
- The US jumps on board the electric vehicle revolution, leaving Australia in the dust – The Conversation
- Couple travels 2,000km for job — then is told to work first week for free – ABC
- Elections are for ‘buying votes’: Deputy Premier John Barilaro fronts grants inquiry – The SMH
- Why you should do your bit to help the Australian economy recover and demand a pay rise – ABC
- Mental health insurance problems to be exacerbated by COVID-19 – ABC
- Michael McCormack says agriculture could be excluded from 2050 net zero emissions target – The Guardian
- Rental yields likely to remain attractive to residential property investors – Interest.co.nz
- Kiwi dollar fails to react to positive economic data – 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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