Links

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Links 25 June 2019

Global Macro / Markets / Investing How single family zoning makes cities financially fragile – Strong Towns Oil prices climb as Middle East tensions simmer – Reuters Solar Energy Has Record Start to 2019 – Fool Artificial intelligence and the threat of diminishing returns – Forbes Americas: How single family zoning makes cities financially fragile

5

Links 24 June 2019

Global Macro / Markets / Investing: The Petrodollar, American Imperialism, Domestic Inequality, and their Oncoming Collapse – Medium Artificial intelligence and the threat of diminishing returns – Forbes Predicting Economic Outcomes with MMT & Minsky – YouTube The Future Is Blockchain: Untraceable Brings Back the Blockchain Futurist Conference – Medium Facebook removed from S&P list

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Weekend Reading: 22-23 June 2019

Global Macro / Markets / Investing: $12 trillion of negative-yielding bonds are sending a clear message of distress – QZ Deutsche Bank Under Investigation for ‘Potential Money-Laundering Lapses’ – Daily Beast Growth in Global Financial Wealth Screeched to a Halt in 2018 – Bloomberg More spent on S&P 500 buybacks than all 2018 R&D –

27

Links 21 June 2019

Global Macro / Markets / Investing: Deutsche Bank Under Investigation for ‘Potential Money-Laundering Lapses’ – Daily Beast More spent on S&P 500 buybacks than all 2018 R&D – Axios Trump Moves From Trade War Toward Currency War – Bloomberg The World Now Has Three People Worth More Than $100 Billion Each – Bloomberg Asia stocks

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Links 20 June 2019

Global Macro / Markets / Investing: Goldman Sachs is sounding the alarm: Technology stocks are overvalued – CNBC U.S. lawmaker calls for Facebook to pause cryptocurrency project – Reuters Global Economic Growth Is Already Slowing. The U.S. Trade Wars Are Making It Worse. – NY Times Airbus is ready for pilotless jets – are you?

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Links 19 June 2019

Global Macro / Markets / Investing: U.S. shale oil output to rise to record 8.52 million barrels per day in July: EIA – Reuters Why bitcoin hasn’t gone to zero and is now knocking on the door of $10,000 – MarketWatch Asian markets mostly gain ahead of central bank meetings – MarketWatch Americas: Bosses pocket

25

Links 18 June 2019

Global Macro / Markets / Investing: Blockchain will Dominate Gambling in the Future – Medium Did Capitalism Kill Inflation? – Bloomberg French authorities confirm that €3.5mln house in Biarritz belongs to Putin’s family – People Policy Project Americas: Goldman says the costs of Trump’s tariffs have fallen ‘entirely’ on US businesses and households – CNBC

29

Links 17 June 2019

Global Macro / Markets / Investing: Trump’s Trade Threats are Really Cold War 2.0 – Counter Punch Saudi energy minister says hopes to balance oil market before next year – Reuters A Morgan Stanley economic indicator just suffered a record collapse – CNBC Study finds that a GPS outage would cost $1 billion per day

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Weekend Reading: 15-16 June 2019

Global Macro / Markets / Investing: Bitcoin causing carbon dioxide emissions comparable to Las Vegas or Hamburg – Science Daily Why are we still pretending ‘trickle-down’ economics work? – The Guardian Official Goes Rogue, Says Climate Change May Cause Next Financial Crisis – Vanity Fair World’s Retirees Risk Running Out of Money 10 Years Before

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Links 14 June 2019

Global Macro / Markets / Investing: The Countries with the Most Monstrous Corporate Debt Pileups: US Fizzles in 24th Place! Canada Shines in 11th Place – WolfStreet The global boom in natural gas demand is about to slow, the International Energy Agency says – CNBC Oil sinks 4 % to $51.14 on rising US crude

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Links 13 June 2019

Global Macro / Markets / Investing: Putting a tax on wealth means we first must measure it – Brookings Millennials are ‘canaries in the coalmine’ for toxic economic trends, say Stanford scholars – Stanford Workers: no longer needed? Productivity is down despite automation – IBO The Economics of a Job Guarantee: Wage and Employment Effects

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Links 12 June 2019

Global Macro / Markets / Investing: G20 agrees to push ahead with digital tax – Reuters Our World Is Run By Global Corporations & Megacities, Not Countries – Citi Post Financial Crisis Has Seen the Largest Increase in Commercial Indebtedness on Record – The SoundingLine Crypto-Friendly French Finance Minister Fears a Worldwide Economic Crisis –

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Links 11 June 2019

Global Macro / Markets / Investing: Trump’s trade wars have cost the stock market $5 trillion and counting: Deutsche Bank – CNBC The new “sharecroppers”: AI programs are being powered by thousands of low wage workers – Axios Real World Economics: Weather, bad crops and lasting effects – Twin Cities 80% of trade takes place

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Queen’s Birthday Holiday Links 10 June 2019

Global Macro / Markets / Investing: The World’s Wealthiest People And Companies Are Holding Record Levels Of Unused Cash – Axios Two Epic Bull Markets Are Dueling Over the Fate of Global Growth – Bloomberg World leaders prepare for biggest corporate tax overhaul in a century – Local10 The Effects of Concentration in the Asset

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Weekend Reading: 8-9 June 2019

Global Macro / Markets / Investing: US-China trade war to cost $455bn in lost output, says IMF – The Guardian ‘Socialism for the rich’: the evils of bad economics – The Guardian Another Sign of Economic Worry: Tumbling Oil Prices – NY Times 2 economists imagined a financial crisis without stimulus or bailouts. It’s …

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Links 7 June 2019

Global Macro / Markets / Investing: Yes, Taxing the Rich Is Possible – NY Times Here’s How Much Airbnb Is Lowering Hotel Prices and Occupancy – CityLab The Tech Bubble Is Back – Gold Newsletter Americas: 40% of Americans One Paycheck Away from Poverty: Report – Fortune A Shrinking Middle Class Is Ruining the Character

11

Links 6 June 2019

Global Macro / Markets / Investing: Stock Markets Did Far Better Under Obama Than Trump: S&P, Nasdaq, Dow Jones – Fortune Study Finds Trump Tax Cuts Failed to Do Anything But Give Rich People Money – NY Mag Negative Rates, Designed as a Short-Term Jolt, Have Become an Addiction – WSJ Companies See Climate Change

15

Links 5 June 2019

Global Macro / Markets / Investing: Donald Trump’s trade war has already cost investors up to $7 trillion – Financial Post Morgan Stanley sees global recession ‘in three quarters’ if Trump escalates trade war – CNBC S&P 500 Has Performed 35% Worse Under Trump Than Under Obama – Fortune Will There Be a Recession? US

20

Links 4 June 2019

Global Macro / Markets / Investing: Google has more temp and contract workers than actual employees — but they have far fewer rights – MarketWatch Affordable Housing Is Doable For Builders And Buyers, But Here’s The Problem – Forbes Multiple Developing Countries ban Plastic trash imports – BBC Morgan Stanley sees global recession ‘in three

29

Links 3 June 2019

Global Macro / Markets / Investing: Sharing profits and ownership with workers not only make them happier, it benefits the bottom line too – The Conversation U.S. stock market forgoes $5 trillion in returns thanks to trade war, estimates Deutsche Bank – MarketWatch Trump Gives World’s Worst Economist the Presidential Medal of Freedom – Slate

319

Weekend Reading: 1-2 June 2019

Global Macro / Markets / Investing: Joseph E. Stiglitz: After Neoliberalism – Project Syndicate US stock futures, Asian markets sink after Trump threatens tariffs on Mexico – CNN Across The Rich World, An Extraordinary Jobs Boom Is Under Way – Economist Uber Will Reduce Promotions After Losing $1 Billion in a Quarter – Bloomberg Why

10

Links 31 May 2019

Global Macro / Markets / Investing: “End fossil fuel subsidies, and stop using taxpayers’ money to destroy the world”: Guterres – UN The Bond Market is Giving Ominous Warnings about The Global Economy – NY Times Asia stocks sag, bonds rally as trade war fears persist – Channel News Asia Investors Are Stashing Cash At

26

Links 30 May 2019

Global Macro / Markets / Investing: This $72 Billion Fund is Shorting the Dollar in a Contrarian Bet – Bloomberg Uber Bears Already Snapped Up 70% of Shares Available to Short – Bloomberg Amazon is poised to unleash a long-feared purge of small suppliers – Bloomberg New York ‘replacing London’ as the world’s financial capital

15

Links 29 May 2019

Global Macro / Markets / Investing: Renault and Fiat Chrysler propose merger to create world’s third-largest carmaker – CBS News What Will It Take to Regulate Crypto Exchanges? – Blog with News Half of US stock fund assets are now invested in index funds – QZ The Bank of Japan worried about the global economy

19

Links 28 May 2019

Global Macro / Markets / Investing: Millennials’ attitudes towards clothing ownership are bringing about a major change in the fashion industry – Business Insider Take Note, Capitalists: Green Energy Is Where the Growth Is – Bloomberg The stock market would be much lower if it weren’t for companies buying back their own shares – CNBC

25

Links 27 May 2019

Global Macro / Markets / Investing: Government Has Rigged Stock Market In Stranglehold – Bprising Global commercial property price growth continues to slow in Q1 – CRE Herald Global real estate assets under management reaches €2.8tn in 2018 – CRE Herald blockchain and cryptocurrencies to empower financial freedom – Medium It’s Never Been Easier to

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Weekend Reading 25-26 May 2019

Global Macro / Markets / Investing: The Wealth Detective Who Finds the Hidden Money of the Super Rich – Bloomberg Rich Need To Tackle Climate Change As Research Shows It Will Eventually Make Them Poorer – Forbes Central Banks’ Forecasts Are Basically Garbage – Mises Global Recession Imminent, Warns Morgan Stanley as US China Trade

23

Links 24 May 2019

Global Macro / Markets / Investing: How the baby boomers wrecked the economy for millennials – VOX The Gazillion-Dollar Standoff Over Two High-Frequency Trading Towers – Bloomberg What awaits Uber after IPO – Medium Fed seeks approach to boost inflation that gets results – Reuters Fed minutes: No rate moves are coming ‘for some time’

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Links 23 May 2019

Global Macro / Markets / Investing: Declining Population Doesn’t Spell Doom for Cities – Bloomberg Full-blown trade war will push world toward recession – Morgan Stanley – Reuters End of Trade War May Spark Market Rallies – BeInCrypto Asia stocks set to rise following overnight gains on Wall Street – CNBC The Global Diamond Glut

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Links 22 May 2019

Global Macro / Markets / Investing: Global economy would save up to $160 trillion by shifting to renewables, electric cars – Think Progress Full-blown trade war will push world toward recession – Morgan Stanley – Reuters Bonds, Not Stocks, Reflect the State of the Economy – Forbes International evidence for Keynesian economics without the Phillips