Links 2 December 2021
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Global Macro / Markets / Investing:
- Fed Chairman Jerome Powell warns Congress that inflation may keep rising next year – CBS
- Coronavirus pandemic could cost global tourism $2 trillion this year – UN News
- Fattest Profits Since 1950 Debunk Wage-Inflation Story of CEOs – Bloomberg
- Dow skids nearly 600 points and stock market’s losses deepen as Fed’s Powell says faster taper may be warranted amid omicron – MarketWatch
- Musk highlights ‘supply chain nightmare’ in tweet – Reuters
- Welfare programs and black markets – Economist Writing Every Day
- Will The EV Revolution Trigger Global Economic Crisis? – CleanTechnica
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.