Global Macro / Markets / Investing:
- Taxing the World’s Richest Would Raise US $2.52 Trillion a Year – Inequality
- The Great Resignation looks more like The Great Renegotiation – NPR
- Meta’s cryptocurrency ploy all but dead with subsidiary ‘Libra/Diem’ seeking to sell assets – ArsTechnica
- CNBC’s Jim Cramer urges investors to stay calm during stock market’s wild ride – News Week
- Burnt Out Amazon Employees Are Embracing the Great Resignation – Bloomberg
Americas:
- Americans more worried about inflation than any other issue, but Congress has few immediate solutions – Fox Business
- Seattle’s cement workers strike over low wages and unfair labor practices – The Guardian
- 5 Senate Democrats urge Biden to renew monthly checks to parents as the program is in danger of getting dropped from his social spending bill – Business Insider
- The more money people earn the happier they are — even at incomes beyond $75,000 a year – Psy Post
- Home prices are starting to lose steam – CNN
- Student-loan companies ‘didn’t care’ when debt loads surged for borrowers and ‘became unpayable,’ Elizabeth Warren says – Business Insider
- How Fed hikes could affect mortgages, car loans, card rates – AP News
- Half of Americans expect inflation to rise ‘a lot’: Gallup – The Hill
- Why Amazon is ramping up its push for legalizing marijuana – Washington Post
Europe:
- UK cannabis campaigners call on the government to consider “sensible” reforms – NME
- UK trade deal with India could be bigger than US agreement – Yahoo
- ‘There is nothing to cure’: France bans gay conversion therapy – The Journal
- Ex-banker tells Swiss court that strip club visits were business-related – Swiss Info
- Germany to speed up renewables expansion to meet climate goals – Renewables Now
- Ex-Austrian Chancellor Sebastian Kurz to work for tech billionaire Peter Thiel – Politico
Asia:
- India Government is likely to implement a ‘four-day workweek’ by next fiscal year – Sights in Plus
- ‘Off to Canada’: India’s jobs crisis exasperates its youth – Reuters
- Thailand to soon provide guidelines for improved crypto tax – Reuters
- N.Korea fires projectile in sixth launch this month, S.Korea says – Reuters
- China’s Communist Party expels former boss of Hangzhou for graft – Reuters
- In Wuhan, Chinese authorities rewrite history of Covid-19 – France 24
- China pledges ‘purification’ of the internet ahead of the Beijing Winter Olympics and the Lunar New Year – CNN
Trans-Tasman:
- Grace Tame: Why young women aren’t smiling for you any more – The SMH
- The US-funded ‘think tank’ pushing Australia towards war – John Menadue
- How Anthony Albanese plans to take advantage of Scott Morrison’s summer of discontent – ABC
- From anti-vaxxers to mining cronies: A look at Clive Palmer’s Senate ticket – New Daily
- On The Project my rage bubbled to the surface. That’s what happens when women are no longer willing to make nice – The Guardian
- Barnaby Joyce sends road safety plan back to ministers after experts warn it would fail to reduce deaths – ABC
- TV host Andrew O’Keefe arrested in Sydney after alleged assault on woman – ABC
- Retailers push to further relax COVID-19 isolation rules – ABC
- Scott Morrison WeChat: new owner amazed account entrusted to ‘single person’ in China – The Guardian
- The market thinks rates are about to go up because of inflation. The market could be wrong – The Guardian
- The pros and cons of Australia’s Omicron outbreak – The Guardian
- Inflation looks embedded, hitting 3-decade high at 5.9% – Interest.co.nz
- Nearly 30,000 migrant workers applied for residency in December under new government scheme – Interest.co.nz
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also Chief Economist and 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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