Global Macro / Markets / Investing:
- JPMorgan Chase shareholders reject options bonus for CEO Jamie Dimon – Market Watch
- Crypto Billionaires Lose All of their Fortune to the Crypto Crash – Cryptolka
- Bitcoin Washout Is Leaving Mom-and-Pop Buyers Holding the Bag – Valkyrie Crypto Funds
- Fed’s Evans wants smaller U.S. rate hikes by July or Sept – Yahoo
- Millennials and Gen Z Don’t See the Point in Saving for the Future – Business Insider
- The right hand of Elon Musk: who manages the largest fortune in the world – Medium
Americas:
- U.S. Economy Is Headed for a Downturn, Wells Fargo CEO Says – WSJ
- Is the Typical CEO Really Worth $15 Million? Of course not. But that’s what they make as they profit from the inflation that’s hurting the middle class. – New Republic
- Ben Bernanke … sees huge warning signs on inflation, stagflation and student debt – Yahoo
- Gas prices average over $4 a gallon in every state for first time – NY Times
- Goldman Sachs warns companies to ready for a US recession, declaring it a’very, very high risk.’ – Coin Buzz Feed
- Bank of America Clients Hoard Cash at Highest Level in Two Decades – Yahoo
- Decarbonizing US Energy System Would Save 50,000 Lives and $600 Billion a Year: Study – Common Dreams
Europe:
- The parliament of Finland has voted 188 to 8 in favor of NATO membership – YLE
- Russian TV host refuses to apologise for report on mock nuclear attack on Ireland – Irish Times
- Four EU countries to increase offshore wind power capacity tenfold – Reuters
- Macron tells Zelenskiy: French arms deliveries to Ukraine will intensify – Reuters
- NATO ‘has an open door’ for countries like Ireland – News Talk
- EU threatens sanctions after UK proposes law to override NI protocol – Euractiv
- Greece begins cooperation with US to purchase F-35 fighter jets – News.am
Asia:
- How to Mend the Rift Between Japan and South Korea – Foreign Affairs
- Sri Lanka Down to Last Day of Petrol, New Prime Minister Says – BBC
- Iraq balks at greater Chinese control of its oilfields – Reuters
- Is the era of free movement for Chinese citizens coming to an end? – Yahoo
- WHO: Omicron Makes China’s ‘Zero-COVID’ Policy Unsustainable – US News
- Uyghur heartland has world’s highest detention rate: data – Alaraby
- Ten years from boom to bust, Chinese football in a tailspin – CNN
Trans-Tasman:
- More than 30 retired judges call for ‘urgently needed’ federal Icac – The Guardian
- These gas and oil companies have paid $0 tax for the past 7 years: ‘Unbelievable’ Yahoo
- We reserve homes for over 55s. Why don’t we have villages for first home buyers? – The SMH
- Experts warn the ‘intergenerational bargain is starting to fray’ as changes top up perks for older voters – ABC
- Wages growth edges up, but still a long way short of the rising cost of living – ABC
- Grant King and the Big Gas Con – how fossil fuel giants are cheating Australia’s emissions system – Michael West
- ‘Whole new cost’: Disaster victims bemoan election policy silence amid sky-rocketing insurance – ABC
- Coalition costings: $3.3bn in public service cuts to fund election pledges worth $2.3bn – The Guardian
- Is the labour market a bigger problem for RBNZ Monetary Policy than inflation? – Interest.co.nz
- Westpac NZ economists raise their forecast OCR peak by 50 basis points – 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.
Latest posts by Unconventional Economist (see all)
- Lunatic RBA steers Australia toward recession with 0.5% rate hike - July 5, 2022
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