Links

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Links 26 May 2017

Global Macro / Markets / Investing: Household Debt, Macroprudential Rules, and Monetary Policy – Repec The next financial crisis could be in forex – Reuters Your Data Is Way More Exposed Than You Realize – WSJ The Saudi Oil Blunder That Will Keep Costing – Bloomberg This Old School Hedge Fund Is Going Quant – WSJ Robo-Advisers Battle Wall

17

Links 25 May 2017

Global Macro / Markets / Investing: Why predicting the future is more than just horseplay – CS Monitor The Worry About Indexing is Overblown – The Fat Pitch Technically Speaking: Bulls Struggle With Bearish Internals – Real Investment Advice Religious ETFs Are About to Hit the Bond Market – Bloomberg Understanding Today’s Stagnation – Project Syndicate Americas: The Return to

5

Links 24 May 2017

Global Macro / Markets / Investing: How university admissions can help integrate secondary schools – VOX Scientists say the pace of sea level rise has nearly tripled since 1990 – Washington Post Americas: Trump Seeks $3.6 Trillion in Cuts to Reshape Government – Bloomberg Trump budget plan slashes food stamps, healthcare for poor – Reuters California’s Surprisingly Cheap Single

7

Links 23 May 2017

Global Macro / Markets / Investing: Think Twice About Going Cashless – Bloomberg Precaution, mercantilism, and the real exchange rate – VOX Commodity Traders Are Stuck in a World Where Everybody Knows Everything – Bloomberg Blockchain Technology in Emerging Markets – News BTC Here’s Why the Fed Will Stay Central to Markets – WSJ Are You Really Crazy Enough to

9

Links 22 May 2017

Global Macro / Markets / Investing: TPP countries agree to explore options for trade deal without U.S. – Reuters Mainstreaming behavioural economics – VOX Did Trump Just Break The Stock Market? – Medium How the Wealthy Talk to Their Children About Money – NY Times Bitcoin just surged past $2,000 for the first time – Tech Crunch The end of

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Weekend Reading: 20-21 May 2017

Global Macro / Markets / Investing: Famed short-seller believes markets have priced in President Pence – Axios The Productivity Slowdown is Even More Puzzling than You Think … – Econofact You Can Use ETFs to Take a Crack at Predicting Currency Returns – Bloomberg A new anthology of essays reconsiders Thomas Piketty’s “Capital” – The Economist Global Stocks Fall

12

Links 19 May 2017

Global Macro / Markets / Investing: Economists’ publications lists: Less may be better – VOX The end of silver as a unit of account – VOX World’s 500 Richest People Lose $35 Billion From Trump Turmoil – Bloomberg New analysis turns up surprise on long-term wage trends – Brookings ’Trump Trade’ turns to trepidation as investors unwind – Reuters Americas:

14

Links 18 May 2017

Global Macro / Markets / Investing: Never mind the robots; future jobs demand human skills – FT Management practices and productivity – VOX Cost of Health Insurance Isn’t All About Fairness – Bloomberg Opec vs. Shale — Round 3 – Energy Intel Hackers mint crypto-currency with technique in global ’ransomware’ attack – Reuters Bond Math Tells One Analyst That Ultra-Long

9

Links 17 May 2017

Global Macro / Markets / Investing: Mirror, Mirror, Which Asset Class Is the Sleepiest of Them All? – Bloomberg Investment-less credit booms – VOX A $1 Trillion Pain Trade in Treasuries Divides Top Bond Dealers – Bloomberg Do Credit Markets Watch the Waving Flag of – NY Fed The Oil Market Is Listening … For Now – Bloomberg Pressure Mounting

11

Links 16 May 2017

Global Macro / Markets / Investing: Globalization’s ill effects have been wildly exaggerated – Washington Post Some Advantages Of Property Taxes Over Land Value Taxes – Forbes How a $10.69 purchase may have sidelined the global malware attack – Washington Post Officials Expect Cyberattacks to Spread on Monday – WSJ Global property bubble is ready to pop – Fool.uk The

5

Links 15 May 2017

Global Macro / Markets / Investing: America First Divides G-7 Even as Ministers Warm to Mnuchin – Bloomberg G-7 Echoes Watered-Down Trade Language as Mnuchin Holds Firm – Bloomberg U.S. fails to reassure Europe, Japan over ’Trumponomics’ – Reuters Organisations hit by global cyberattack – Yahoo Don’t Buy the VIX—Buy the VIX’s Owner Instead – Barron’s Revisiting why realized

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Weekend Reading 13-14 May 2017

Global Macro / Markets / Investing: Crazy times and calm markets make odd bedfellows – FT Policy responses to capital flows in emerging markets – VOX Winners and Losers of the Recent Nuclear Holocaust – Mc Sweeney’s Getting Fiscal Stimulus and Central Bank Independence In Synch – Project Syndicate Benefits and Challenges from Globalization – NY Fed Buying Into the

3

Links 12 May 2017

Global Macro / Markets / Investing: The battle to provide chips for the AI boom heats up – Technology Review Nasdaq’s “Big 5” Stocks Near $3 Trillion Market Cap – Zero Hedge Cheaper Robots are Helping Small Businesses Survive – Bloomberg Countries with Higher Tariffs Have Larger Trade Deficits – PIIE G7 seen urging Trump to stick with climate

19

Links 11 May 2017

Global Macro / Markets / Investing: The Doomsday Glacier – Rolling Stone The stock market’s “fear gauge” is at a 23-year low, and traders are terrified – Quartz Shale Drillers Are Outspending the World With $84 Billion Spree – Bloomberg Why the Most Creative Cities Are the Most Unequal – Artsy Americas: Introducing the American Populist Party – Vice Before

10

Links 10 May 2017

Global Macro / Markets / Investing: Hedge funds turn bearish on oil and refined fuels – Reuters Warren Buffett just confirmed the death of retail as we know it – Business Insider Goldman says this may become the longest economic expansion in history – CNBC An Exchange Wants to Shake Up How End-of-Day Stock Trading Works – Bloomberg VIX

7

Links 9 May 2017

Global Macro / Markets / Investing: What’s it like to lose £350m? A rogue trader confesses – The Guardian Inflation targets and the benefits of an explicit tolerance ban – VOX The Robots Have Taken Over (Our Brains) – Medium Thinking you’re living in a ‘hellhole’ today? Try being a billionaire in 1916. – Washington Post Americas: The government

13

Links 8 May 2017

Global Macro / Markets / Investing: Compassionate capitalism in the Middle Ages – VOX Arguments against basic income are straw men – VOX Pew study experts: Artificial intelligence threatens the future of capitalism – Venture Beat The world’s most valuable resource is no longer oil, but data – The Economist Data is giving rise to a new economy – The

42

Sunday Chartfest May 7, 2017

Just an experiment/for something different – A load of charts and diagrams collected over the last week or two from either twitter, business articles or research just grouped together under general themes   AUSTRALIAN REAL ESTATE Australian Capital City rents…..(what is happening in Hobart?)   Individuals claiming rental net profit and loss by age 2014/2015

207

Weekend Reading: 6-7 May 2017

Global Macro / Markets / Investing: William Baumol, whose famous economic theory explains the modern world, has died – VOX The Populist Explosion: Understanding the History and Origins of a Global Trend – egfound ETFs Become the Investing World’s No. 1 Scapegoat – Bloomberg The asset management industry has a diversity problem – MarketPlace Oil Rout Damps Stock Gains

10

Links 5 May 2017

Global Macro / Markets / Investing: Bitcoin’s Price Hits A New High Just Below $1,500 – Coin Desk You might not know it, but you’re already using Artificial Intelligence – Access AI David Einhorn says sentiment around Tesla is euphoric… – Medium These risky new ETFs can quadruple your gains – CNBC Populist Attacks on Elites Are a Dead

6

Links 4 May 2017

Global Macro / Markets / Investing: Our Problem with Monopolies, and Why Everything Sucks – Talking Points memo ’The higher the inequality, the more likely we are to move away from democracy’ – The Guardian That thing about EUR derivative clearing and the ECB – Medium Americas: This one Clinton quote shows why her supporters hate the media –

5

Links 3 May 2017

Global Macro / Markets / Investing: Are National Currencies Headed To The Blockchain? – Forbes Wall Street Fear Gauge VIX Sinks to Decade Low – WSJ Wall Street’s ’fear gauge’ plunges to 10-year low as even Trump can’t rattle this bull – CNBC The decline of Arctic sea ice – The Economist Factor Investing in Multi-Asset Portfolios – Think New

14

Links 2 May 2017

Global Macro / Markets / Investing: Banks can offer fintech an olive branch – Financial Standard Corporate CEOs have failed to engage with startups – Venture Beat The five universal laws of human stupidity – Quartz This Is Rebalancing? – Bloomberg A New Rule Could End Up Punishing the Wrong Banks – Bloomberg Oil Price Optimism Wears Off as Texas

7

Links 1 May 2017

Global Macro / Markets / Investing: The real economic benefits of easy central bank access – VOX Inequality indices as tests of fairness – VOX Global value chains and the increasingly global nature of inflation – VOX On the heterogeneous impact of free trade agreements – VOX Trends and gradients in top tax responses – VOX The persistent headache of

242

Weekend Reading: 29-30 April 2017

  Minos of the Shades, 1952, Jean Bellette, National Gallery of Victoria   China China’s Enrichment Spawns Mature Problem — Middle Class Angst– Bloomberg China’s Didi to raise up to $6 billion, values firm at $50 billion: sources– Reuters China reveals foreign addresses of corruption suspects living in Canada, US and beyond – SCMP What