Links 23 June 2022

Global Macro / Market / Investing:

Bitcoin Suisse Director says crypto market is forming a bottom – Valkyrie Cryptofunds
Goldman Warns US Recession Risk Now Higher and More Front-Loaded – Bloomberg
Stock Market Jumps After S&P 500’s Worst Week in Two Years – WSJ
Skyrocketing Rent Is Driving Inflation – Prospect
Inflation is a worldwide problem — with little immediate relief in sight – Washington Post
Energy Stocks Jump As Oil Surges Again—Prices Will Remain Elevated Through Summer – Fortune
It’s not rising workers’ wages that are causing spiraling inflation — it’s corporate profiteering – Jacobin

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.