Global Macro / Markets / Investing:
- US Federal Reserve walking fine line with approach to rising inflation – SCMP
- Inflation Doesn’t Have to Mean High Interest Rates – WSJ
- Investors are worried about inflation data, but economists see it as a sign of temporary growth – CNBC
- Libor Replacement Race Heats Up – WSJ
- A new age of suburbanisation could be dawning – Economist
- The Tragedy of “The Tragedy of the Commons” – The Minsky’s
Americas:
- Middle-Class Pay Lost Pace. Is Washington to Blame? A new paper by liberal economists presents evidence that policymakers helped hold down wages for four decades. – NY Times
- Tax Evasion at the Top of the Income Distribution: Theory and Evidence – NBER
- Credit-Card Debt Keeps Falling. Banks Are On Edge. – WSJ
- US petrol tops $3 per gallon, shortages spread amid pipeline saga – Aljazeera
- Housing-Market Surge Is Making the Cheapest Homes the Hottest – WSJ
- Household debt climbs to $14.64 trillion, due to jump in mortgages and car loans – CNBC
- With $76B surplus, California proposes rebates for millions – AP News
- US inflation comes in far higher than expectations – FT
Europe:
- Greece Has the Largest Number of Goats in Europe – Greek Reporter
- France’s Macron calls for immediate withdrawal of Azerbaijani forces from Armenian territory – Arm Radio
- Five million EU citizens apply for UK settled status, double what was predicted. – Telegraph
- EU sees Greek GDP rising 4.1% – Ekathimerini
- EU court backs group opposed to imports from Israeli settlements – Reuters
Asia:
- China’s April NEV sales jump 180%, over 200,000 units sold – CGTN
- Chinese smartphone giant Xiaomi shares rally over 6% after U.S. agrees to remove it from blacklist – CNBC
- India’s COVID-19 Death Toll Soars Past 250,000 – Channel News Asia
- Western powers clash with China over Xinjiang at UN event – Aljazeera
- Brace Yourself for the Outcome of Biden’s China Policy Review – National Interest
- U.S. calls Xinjiang an ‘open-air prison,’ decries religious persecution by China – Reuters
Trans-Tasman:
- Taxpayer-funded gas-fired power plant branded ‘a shambles’ after revelation it may have to run on diesel for six months – ABC
- The ‘David and Goliath’ battle behind Telstra’s huge ACCC fine over its treatment of Indigenous customers – ABC
- Universities are being ‘left to bleed to death’ by lack of funding, ANU head says – ABC
- US Secretary of State says Australia will not be left alone to face China coercion – SBS
- NSW irrigators face fines totalling millions over alleged water theft – ABC
- Scott Morrison denies his ‘one country two systems’ reference to Taiwan and China was an error – The Guardian
- Scott Morrison draws fire for ‘One Country Two Systems’ comment in relation to China and Taiwan – ABC
- Insolvency laws set for reform, just months after introduction – ABC
- ‘Structural issues’ found in ‘luxurious’ Sydney apartment tower – ABC
- House prices came off the boil in most parts of the country in April – 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.
Latest posts by Unconventional Economist (see all)
- Contradictory employers cry foul at 2.5% minimum wage increase - June 17, 2021
- Aussie property values up 10% since start of pandemic - June 17, 2021
- Links 17 June 2021 - June 17, 2021
YOU MAY ALSO BE INTERESTED IN
Links 17 June 2021
Global Macro / Markets / Investing: The Fed
Links 16 June 2021
Global Macro / Markets / Investing: Uneven
Links 15 June 2021
Global Macro / Markets / Investing: The
Queens Birthday Holiday Links 14 June 2021
Global Macro / Markets / Investing: Standard