Global Macro / Markets / Investing:
- Higher inflation is here to stay for years, economists forecast – WSJ
- The bond market agrees with the Federal Reserve — inflation is temporary – CNBC
- Solar Is Dirt-Cheap and About to Get Even More Powerful – Bloomberg
- Virus variants threaten global recovery, G20 warns – Reuters
- Capitalist rulers aim to solve gov’t deficit on workers’ backs – The Militant
- The Wrong Way to Pay for Infrastructure – Barrons
- Why the new global tax regime is unlikely to be clear, simple or good – SCMP
Americas:
- The soaring market that threatens to derail the economic recovery – Politico
- Rent prices are soaring as Americans flock back to cities – Washington Post
- The Importance of Competition for the American Economy – White House
- Wealth Inequality in the United States – Inequality.org
- The Deeply Flawed Studies Behind the Eviction Moratoriums – Reason
- Federal Cannabis Legalization in the U.S. is imminent – Investing in Cannabis
Europe:
- ECB sets “symmetric” 2% inflation target, prepares greater role in fighting climate change – Politico
- American are paying the price of Europe’s “Green Energy” – CNN
- Pro-West party leads Moldova election, preliminary data shows – Reuters
- Lithuania to propose sanctions on Belarus for flying illegal migrants to EU border – Reuters
- Albania leader blames nationalism for EU expansion deadlock – AP News
- Xi Jinping calls for stronger ties with Greece – China Daily
Asia:
- China targets offshore IPO structure, to require ministry approval – Yahoo
- China’s Central Bank Pivots to Easing as Growth Risks Build – Yahoo
- China stocks rise in early trade on boost from RRR cut – Reuters
- Asia shares enjoy relief rally, but hurdles ahead – Malay Mail
- China: Mao’s Red Book is in vogue again and young people are talking about “constant class struggle” – NY Times
- Some Chinese shun grueling careers for ‘low-desire life’ – AP News
Trans-Tasman:
- ‘All it does is increase my anxiety’: Young people in NSW say graphic new coronavirus ad is an ‘insult’ – SBS
- Senior business figures turned to Kevin Rudd to intervene in bringing forward Australia’s Pfizer vaccine supply – ABC
- Sydney man with COVID travelled through Victoria, South Australia last week while infectious – ABC
- Farm workers say wages are so bad they need Centrelink to survive – New Daily
- Reddit expands operations to Australia with new Sydney office – The SMH
- Australia’s electricity oligopoly is being slowly broken down by wind and solar – Renew Economy
- Four questions NSW needs answers for as its COVID outbreak intensifies – ABC
- Morrison urged to use its friendship with the United States to secure more Pfizer vaccines – The SMH
- Business leaders, academics and economists look for RBNZ to end its money printing – Interest.co.nz
- Housing policy is dealing with three huge problems – 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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