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Global Macro / Markets / Investing:
- Is This a Market Correction or a Crisis? – Nasdaq
- Corporations Use Inflation As Excuse to Boost Prices, Profits – Business Insider
- Dow drops more than 1,000 points, retailers’ profits crushed by inflation – NY Post
- New York agency files discrimination complaint against Amazon – PBS
- A ‘summer of pain’? The Nasdaq Composite could plunge 75% from peak, S&P 500 skid 45% from its top, warns Guggenheim’s Scott Minerd – Market Watch
- Twitter loses three more senior employees ahead of Musk deal – CNBC
- 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
- SEC’s Gensler warns Americans are diverting savings to ‘speculative crypto assets,’ says market needs investor protection – Market Watch
- Stocks slump again. This time, it’s retailers such as Target spooking investors – NPR
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.