Links

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Links 1 April 2020

Global Macro / Markets / Investing: The people running the world’s biggest companies have no idea what’s going to happen, either – VOX Global Stocks Fall as Oil Dips Below $20 – StockMarket News The US is set to lose its spot as world’s top oil producer – CNBC IMF officially declares global economic recession

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Links 31 March 2020

Global Macro / Markets / Investing: ‘Shareholders come last’: Billionaire entrepreneur Mark Cuban says CEOs should prioritize employees and their families in coronavirus crisis – Business Insider Graphic: Three months that shook global markets – Reuters Understanding the Economic Shock of Coronavirus – HBR Coronavirus sparks a global gold rush, there is a severe shortage

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Links 30 March 2020

Global Macro / Markets / Investing: Pandemic-Related Unemployment and Shutdowns Are a Recipe for Social Unrest – Reason ‘Shareholders come last’: Billionaire entrepreneur Mark Cuban says CEOs should prioritize employees and their families in coronavirus crisis – Business Insider How COVID-19 Is Impacting Amazon Prices – Seeking Alpha Warren Buffett’s Berkshire Hathaway has the cash

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Sunday Supplement: 29 March, 2020

Tom Roberts, Shearing the Rams, 1890, National Gallery of Victoria   Macro & Markets Petrostates Hammered by Oil Price Plunge and Pandemic’s Spread – Bloomberg Coronavirus and the economy: World ‘clearly’ in recession, IMF says – DW The world’s on the brink of running out of places to put oil – Financial Post Global oil

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Weekend Reading: 28-29 March 2020

Global Macro / Markets / Investing: Was Pre-Coronavirus Stock Market a Bubble Inflated by “Financial Engineering”? – Open Politics This Is Not Capitalism: This is your brain on central banking, regulatory capture, and financialization – Medium Dow rallies 1,000 points, lifting its 3-day gains to 20% – Apple News Americas: Unemployment claims hit 3 million

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Links 27 March 2020

Global Macro / Markets / Investing: Coronavirus is the ultimate proof that the world can no longer afford to ignore tax havens – Eureporter Why ending social distancing early will not revive the economy – Project Syndicate The coronavirus outbreak is a stark reminder of the divide that exists in countries without universal healthcare, like

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Links 26 March 2020

Global Macro / Markets / Investing: A Debt Jubilee is the Only Way to Avoid a Depression – CounterPunch Amazon Prime delivery delays are now as long as a month – VOX Goldman Sachs CEO David Solomon Received A 20% Raise To $27.5 Million, While The Market, Economy And Job Market Crashed – Forbes The

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Links 25 March 2020

Global Macro / Markets / Investing: Goldman Sachs CEO David Solomon Received A 20% Raise To $27.5 Million, While The Market, Economy And Job Market Crashed – Forbes It’s morally repulsive how large corporations are exploiting this crisis. Workers will suffer – The Guardian Coal Is Now the World’s Most Expensive Fossil Fuel – Bloomberg

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Links 24 March 2020

Global Macro / Markets / Investing: It’s morally repulsive how large corporations are exploiting this crisis. Workers will suffer – The Guardian Dow futures plunge the 5% limit as coronavirus slams market, Fed official warns unemployment could hit 30% – MarketWatch COVID-19 And Truck Driver Shortage May Threaten Food Supply Chain – Forbes Coronavirus Recession

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Links 23 March 2020

Global Macro / Markets / Investing: Covid-19 has exposed our financial fragility – Unherd Covid-19: Beyond Caution and Normality – Medium The Robots Have Won. What Do We Do With the Humans? – Medium Dow Jones has worst week since 2008 – Igorb News Coronavirus: Panic buying, lockdowns may drive world food inflation – Straits

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Sunday Supplement: 22 March, 2020

A surplus of optics, Bridgid McLean, 1976, Art Gallery of NSW    Macro & Markets Fed Going All In to Save Economy. Here’s What Could Come Next – Bloomberg The Most Realistic Economic Forecast Is Awful – Bloomberg, Kocherlakota When the Ice Melts, the Bears Have to Move – Bloomberg Authers Universal Basic Income is

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Weekend Reading: 21-22 March 2020

Global Macro / Markets / Investing: Outgrowing growth: why quality of life, not GDP, should be our measure of success – The Correspondent The Real Pandemic Danger Is Social Collapse: As the Global Economy Comes Apart, Societies May, Too – Foreign Affairs The Great Coronavirus Crash of 2020 Is Different – Bloomberg The Modern Supply

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Links 20 March 2020

Global Macro / Markets / Investing: Financialization: Why the Financial Sector Now Rules the Global Economy – Mises Stocks close with steep losses as coronavirus crash threatens ‘Trump bump’ – The Hill “NYSE to temporarily close floor, move to electronic after positive coronavirus tests” – CNBC Dow drops 1,300 points, S&P 500 loses 5% as

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Links 19 March 2020

Global Macro / Markets / Investing: The rich are primarily to blame for the global climate crisis – according to new report – BBC It’s Not The Coronavirus, But The Debt That Will Kill The Economy – Seeking Alpha The Private Goldman Sachs Coronavirus Meeting That’s Setting The Internet On Fire – Forbes Morgan Stanley,

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Links 18 March 2020

Global Macro / Markets / Investing: Dow falls 2,200 points, trading halted, as rate cut fails to calm markets – NBC News Gold’s worst week since 1983 strips metal of safe-haven status – Mining Weekly Wall Street set to crash again after Fed slashes rates – Reuters Dow drops 2,999 points on word coronavirus crisis

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Links 17 March 2020

Global Macro / Markets / Investing: Investing in a falling market – Interest.co.nz Coronavirus the ‘Catalyst’ for Popping the ‘Mother of All Bond Bubbles’ – YouTube Will the coronavirus trigger a corporate debt crisis? – LA Times Andrew Yang Warns Coronavirus Fallout Could ‘Be Worse’ Than 2008 Financial Crisis – NewsWeek Americas: At ‘Shock Doctrine

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Links 16 March 2020

Global Macro / Markets / Investing: It’s a MAGA Microbe Meltdown – NY Times Here’s what could really sink the global economy: $19 trillion in risky corporate debt – CNN With Stocks Down from Coronavirus, Is Now a Good Time to Invest? – The Tokenist Stocks stage furious rally late after national emergency declared –

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Sunday Supplement: 15 March 2020

Isolation, Tim Storrier, 1978, Art Gallery of NSW   Markets & Macro The Federal Reserve Needs to Cut Rates to Zero Now – Bloomberg, Duy Bond Market Mayhem Lives On in These 10 Charts – Bloomberg The cost of coronavirus in terms of interrupted global value chains – Bruegel Three macroeconomic issues and Covid-19 –

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Weekend Reading: 14-15 March 2020

Global Macro / Markets / Investing: Economists propose response to COVID-19 rooted in unemployment assistance – Upjohn Dow plummets most since 1987 as Trump stimulus plan fails to materialize – Business Insider Airline stocks crushed after Trump announces Europe travel ban – CNN The Federal Reserve injects $1.5 trillion in an attempt to prevent the

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Links 13 March 2020

Global Macro / Markets / Investing: Sell-off on Wall Street accelerates, with the Dow down 1,000 points – CNBC Analyst who predicted 2008 global financial crash warns another one is on the way — and not just because of coronavirus – Independent World Health Organization Declares COVID-19 a ‘Pandemic’ – Stock Market News Dow Drops

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Links 12 March 2020

Global Macro / Markets / Investing: Investors expect a ‘permanent recession,’ Paul Krugman warns after Treasury yields tumble and interest rates plunge – Markets Insider Markets plunge in worst fall since 2008 crisis: Whatever the gyrations of the markets over the next days and weeks, it is clear that an inflection point has been reached

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Links 11 March 2020

Global Macro / Markets / Investing: El-Erian: US stock market could end up dropping 20%-30% before bottom is finally reached – CNBC A dozen years after the 2008 recession, a different kind of debt threatens the world economy – NBC Dow Jones on Track to Follow 1929 Crash as Futures Drop 5% – BeInCrypto Oil

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Links 10 March 2020

Global Macro / Markets / Investing: US stock futures fell so much that circuit breakers were triggered to halt the plunge! – Nasdaq U.S. stock futures fall as crude oil prices plunge 25% -S&P 500 futures trading briefly halted after circuit breakers triggered – MarketWatch Oil plummets 31% in biggest drop since Gulf War as

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Sunday Supplement: 8 March 2020

Through the gum trees, Toongabbie, Hilda Rix Nicholas, 1920, Art Gallery of NSW   Markets & Macro Will the new coronavirus spell the end of globalization? – DW, Bohme Vital Signs: Australian and US rate cuts underline seriousness of the coronavirus crisis – The Conversation Spiraling Virus Fears Are Causing Financial Carnage – NY Times Oil

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Weekend Reading: 7-8 March 2020

Global Macro / Markets / Investing: What price, volatility, and correlations data are saying about Bitcoin’s relationship to other markets in a coronavirus climate – Sfox Trying to Shock Stocks With Emergency Cuts Usually Falls Short – Bloomberg A recession is unlikely but not impossible – Economist U.S. Stocks And Bond Yields Dropped As Anxiety

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Links 6 March 2020

Global Macro / Markets / Investing: Man loses $60M in Bitcoin when landlord cleaned the house and sent everything to the dump unwittingly – Mazech Media Should CEOs run two companies at once? A Silicon Valley practice comes under scrutiny – CNN Each time the US10YR Yield has reached such a low a recession has

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Links 5 March 2020

Global Macro / Markets / Investing: Coronavirus scare cost the world’s 5 richest people $36 billion in one week – Mazech Dollar declines after Fed rate cut – Yuv News Apple to pay $25 each to iPhone users for slower performance – Yuv News Companies are contracting out more jobs—that’s not great for workers –

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Links 4 March 2020

Global Macro / Markets / Investing: Coronavirus shook the foundations of a global stock market powered by debt – ABC The Gig Economy Has Never Been Tested by a Pandemic – The Atlantic U.S. stock short-sellers notch $105 billion week in coronavirus sell-off – Reuters Four Reasons Why the Coronavirus Is Such a Terrifying Economic

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Links 3 March 2020

Global Macro / Markets / Investing: Great Gatsby Curve: Relationship between inequality and mobility – Business Insider Coronavirus Is Different. Almost No Company Is Safe. – WSJ Trump could have stabilized markets more had he not muzzled the grown-up in the room, Dr Fauci – Bipartisan Press Krugman celebrates the market losing a Trillion dollars

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Links 2 March 2020

Global Macro / Markets / Investing: From Reagan to Trump: Here’s how stocks performed under each president – CNN Economist Nouriel Roubini correctly predicted the 2008 financial crisis. Now, he believes that stock markets will plunge by 30 to 40 percent because of the coronavirus. And that Trump will lose his re-election bid – Speigel