Reads:
- Saudi Arabia squeezes oil market: ‘The Fed may have to react’ – Fortune
- The US dollar is king again. Here’s why. – Yahoo
- The IRS plans to crack down on 1,600 millionaires to collect millions of dollars in back taxes – CNBC
- The Fed’s own economists now expect a Goldilocks scenario: No recession, low inflation, and positive growth. – Business Insider
- America is in a factory boom again. Even a recession may not bring it down. – CNN
- Apartment rents are on the verge of declining due to massive new supply – CNBC
- I.R.S. Deploys Artificial Intelligence to Catch Tax Evasion. – NY Times
- Apartment rents are on the verge of declining due to massive new supply – CNBC
- Why is the current housing market so expensive? “Blame the boomers,” one economist says. – CBS News
- A wealthy suburban city in Illinois is getting slammed for offering a 2.5-hour ‘poverty simulation’ that it said would show residents what a ‘month’ of living poor feels like – Insider
- Gotion is bringing its $2 billion EV battery gigafactory to Illinois – Electrek
- US household wealth sets new record as stocks, property values boom. – Axios
- ‘A critical moment’: UN warns world will miss climate targets unless fossil fuels phased out. – The Guardian
- The US government is investigating China’s breakthrough smartphone – CNN
- The IRS plans to crack down on 1,600 millionaires to collect millions of dollars in back taxes – AP News
- Economists challenge maxim: For inflation to go down, unemployment needs to go up – NPR
- Fact-checking Biden’s claim that there are 9,000 unused oil drilling permits – Yahoo
- Act Party housing policy would allow neighbours to block multi-unit housing developments – Interest.co.nz
- National could need Winston Peters to govern – Interest.co.nz
- RBNZ ramps up foreign currency intervention capacity by almost NZ$4b in one month – Interest.co.nz
MB Media appearances:
LVO on Thursday gave an interview with Melbourne’s 3AW with Neil Mitchell where he discusses the poor June quarter national accounts, which saw the nation plunge into a per capita recession:
LVO also gave an interview with Radio 2GB’s Luke Grant where I discussed the national accounts “dumpster fire”, the record 620,000 annual population increase implied by the national accounts, as well as what the RBA might do with interest rates:
On Friday, LVO gave an interview with Sky News’ Erin Molan discussing the outrageous 626,000 population increase estimated in Wednesday’s ABS national accounts release for the June quarter.
He also discussed RBA governor Phil Lowe’s final speech, alongside the outlook for interest rates:
Subscribe to my YouTube channel to view my various media interviews.
David Llewellyn-Smith was also interviewed by the Daily mail’s Stephen Johnson on the per capita recession.
DLS also gave an interview on the Australian dollar to 9 News’ Richard Wood.
