Links 12 April 2021

Global Macro / Markets / Investing:

The Market Value Of Cryptocurrency Exceeds 2 Trillion U.S. Dollars – Global Trends
The zombie company problem and what it means for our economies – The Conversation
Investors have put more money into stocks in the last 5 months than the previous 12 years combined – CNBC
Partisan politics and macroeconomic policy in economic unions – VOX
On Money Supply and Inflation – Are we on the verge of high inflation or is it under control? – Aconomics
Millions are tumbling out of the global middle class in historic setback — Bloomberg

Americas:

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About the author

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.