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Global Macro / Markets / Investing:
- Johnson & Johnson’s secret plan to evade Baby Powder talc asbestos litigation payouts to cancer victims – Reuters
- Facebook’s $232 billion fall sets record for largest one-day value drop in stock market history – CNBC
- It’s time to ‘move on’ from the pandemic, says Harvard medical professor. For the majority of children and adults, “Covid-19 is not a serious threat, only a nuisance that impedes schooling, work and travel.” – CNBC
- Warren Buffett Richer Than Mark Zuckerberg After Meta Stock Rout – Business Insider
- Oil prices are at their highest level in 7 years – Economist
- 10-Year Treasury Yield Surges Above 1.9%, Highest Since 2019 – WSJ
- Large-cap ETFs post biggest outflows in a year – Fox Business
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.
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