Links

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Links 20 November 2017

Global Macro / Markets / Investing: Ancient data, modern math and the hunt for 11 lost cities of the Bronze Age – Washington Post Myths of the 1 Percent: What Puts People at the Top – NY Times Greenhouse gases must be scrubbed from the air – The Economist “It’s a Ponzi Scheme”: Wall Street

386

Weekend Reading 18-19 November 2017

Global Macro / Markets / Investing: Keystone Pipeline Leaks About 5,000 Barrels of Oil – NY Times Here Are Goldman’s Top Trades for 2018 – Bloomberg Open Banking Will Revolutionize Financial Services … Maybe – The Financial Brand The market power of ‘superstar’ companies is growing – Chicago Booth The Bond That Really Asks You

8

Links 17 November 2017

Global Macro / Markets / Investing: Deutsche Bank Says Junk Bonds Are a Buy, But Be Ready to Get Out – Bloomberg Wall Street pioneer takes out ad in WSJ to warn of bitcoin trading perils – MarketWatch One bitcoin is selling for almost $14,000 in Zimbabwe – VICE Yale’s Swensen Sees Low Volatility as

19

Links 16 November 2017

Global Macro / Markets / Investing: Buffett Adds More Apple, Reduces IBM Stake by Another Third – Bloomberg Investors Scoop Up $90 Oil Bets as Saudi-Iran Tensions Escalate – Bloomberg Whipsawing Million-Ounce Gold Trades Are Becoming the New Norm – Bloomberg The Message in the S&P 500’s 12-Month Winning Streak – Bloomberg Trump’s Trade Swagger

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Links 15 November 2017

Global Macro / Markets / Investing: The next Davos forum will be co-chaired by seven women—and zero men – Quartz The civil war in crypto-currency – Bloomberg Why the rise of the robots won’t mean the end of work – YouTube Forget Vanguard, Insurers Now Have Their Own ETFs to Sell You – Bloomberg IPOs

6

Links 14 November 2017

Global Macro / Markets / Investing: Innovation, Disruption, and the Illusion of Value – Fortune Financial Advisers Drivers of pension reform measures in the OECD – VOX Bitcoin briefly drops 15% in rocky weekend amid controversy over digital currency’s future – CNBC Bitcoin Plunges 29% From Record High – Bloomberg Machines Will Do Shady Things

3

Links 13 November 2017

Global Macro / Markets / Investing: Amazon says this is the best business book of 2017 – MarketWatch Humans Stealing Jobs From Machines – Forbes Why Interactive Brokers Founder Fears Bitcoin Futures – Barron’s Trump, Brexit and Echoes of World War I – Bloomberg We’ll never stop Brexit or Trump until we address the anger

287

Links 11-12 November 2017

Global Macro / Markets / Investing: The Problem with Blaming Men for Not Working: A Comparison of Labor Market Outcomes for Men and Women – Cepr.net Coinbase Escalates Showdown on U.S. Tax Probe as Bitcoin Surges – Bloomberg How the bond market is reacting to Saudi’s crackdown – Bloomberg Trouble With the Curve – Bloomberg

4

Links 10 November 2017

Global Macro / Markets / Investing: Development Dreams Stand Still While Mining Money Moves Offshore – ICIJ 2x Called Off: Bitcoin Hard Fork Suspended for Lack of Consensus – Coin Desk Blockchain ≠ Bitcoin – Bloomberg Apple Is Now a $900 Billion Company – WSJ Millennial Home Buyers Send a Chill Through Rental Markets –

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Links 9 November 2017

Global Macro / Markets / Investing: Saudi CDS Spikes, Currency Crumbles But Stock Market Miracles Abound – Zero Hedge Bitcoin ETFs Are Likely to Follow Futures, Cboe President Says – Bloomberg Cryptocurrency Pioneer Sees a ‘Total Bubble.’ Just in a Good Way – Bloomberg Get Ready for Great Bond Bust of 2020 – Bloomberg Crypto

14

Links 8 November 2017

Global Macro / Markets / Investing: Trading a calm market as volatility sinks to new lows – CNBC Flaw crippling millions of crypto keys is worse than first disclosed – Ars Technica Paradise Papers: The Broken Heart of Africa – sueddeutsche.de Paradise Papers: Are we taming offshore finance? – BBC Paradise Papers: Apple’s secret tax bolthole

15

Melbourne Cup Day links

Global Macro / Markets / Investing: Paradise Papers offshore leak – BBC Paradise Papers leak reveals secrets of world elite’s hidden wealth – The Guardian Credit Default Swaps and Systemic Risk – SSRN African countries are having a risky affair with eurobond debt and it could end very badly – Quartz Bitcoin is Enron in

16

Links 6 November 2017

Global Macro / Markets / Investing: Tall buildings and land values – VOX The bitcoin bubble – The Economist Bitcoin futures approval sparks fears: ’The financial crisis all over again’ – CNBC Americas: Now, Silicon Valley Is Totally Cool With a Bill That Could Ruin the Internet – Gizmodo They spent years planning to live

295

Weekend reading: 4-5 November 2017

Global Macro / Markets / Investing: Massive Government Report Says Climate Is Warming And Humans Are The Cause – NPR The Age of Easy Money Is Nearly Over – Bloomberg Is a Recession Imminent? – Calculated Risk Blankfein Says Don’t Dismiss Bitcoin – Bloomberg From Oil to Ruthenium, Here’s How Commodities Are Bouncing Back –

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Links 3 November 2017

Global Macro / Markets / Investing: Perverse Market Incentives Encourage High Prescription Drug Prices  – Pro Market The bitcoin bubble – The Economist The Only Thing That Crashed This October Was Volatility: Chart – Bloomberg Amazon just bought three domain names related to cryptocurrency – CNBC The world’s first AI exchange-traded fund is set to

12

Links 2 November 2017

Global Macro / Markets / Investing: Brent crude tries new trading range as funds stay bullish – Reuters Bitcoin Moves Toward Mainstream, Poised to Join Oil, Gold in Futures Trading – WSJ Virtual Currency Bitcoin Rises in Usage, Value – YouTube Bitcoin Surges After World’s Biggest Exchange Announces Plans for Futures – Bloomberg The Future

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Links 1 November 2017

Global Macro / Markets / Investing: Another Company Surges After Announcing Plans to Get Into Cryptocurrencies – Bloomberg The Biggest Stock Collapse in World History Has No End in Sight – Bloomberg Brace Yourself for Another Nasty Capital Gains Season – Morningstar Global Butter Prices Triple As Shortages Hit France – Zero Hedge A Stock

12

Links 31 October 2017

Global Macro / Markets / Investing: Billy Bookcase, 50 Things That Made the Modern Economy – BBC World Service Inflation: The Slumbering Giant Begins to Stir – WSJ Why Bonds Aren’t Boring Right Now – NY Times Bond Traders Face Their Fears in Week That May Change Everything – Bloomberg Investors are running out of

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Links 30 October 2017

Global Macro / Markets / Investing: Regulating the blockchain: good for government, bad for citizens – The Finanser The Paradox Of Robots Taking All Our Jobs – Forbes Oil Investors Roll the Dice on OPEC After Saudi Prince Ups the Ante – Bloomberg 30% of Your Assets in Bitcoin? – WSJ Americas: Mueller’s latest move

295

Weekend reading: 28-29 October 2017

Global Macro / Markets / Investing: All of the World’s Money and Markets in One Visualization – Visual Capitalist Could a Global Living Wage Put an End to Corporations’ ‘Race to the Bottom’? – The Nation Billionaire Boom: More of Them, With More Billions – WSJ The Great Moderation Never Ended – Marginal Revolution World’s

9

Links 27 October 2017

Global Macro / Markets / Investing: Bitcoin is an important asset for investors to own – Yahoo Understanding the destination-based approach to business taxation – VOX Investors Are Underestimating Global Risks, Singapore’s Central Bank Warns – Bloomberg Will Earnings Season Expose the Stock Market’s ‘House of Cards’? – WSJ The S&P is about to do

7

Links 26 October 2017

Global Macro / Markets / Investing: There’s Now a Cryptocurrency Fund-of-Funds – Bloomberg ’We Have to Be Careful Not to Romanticize Cities’ – City Lab How Innovation Leads to Economic Segregation – City Lab A Peek at Future Jobs Shows Growing Economic Divides – NY Times Americas: America’s Forever Wars – NY Times Majority Of

24

Links 25 October 2017

Global Macro / Markets / Investing: Why The Next Stock Market Crash Will Be Faster And Bigger Than Ever Before – Zero Hedge IBM has just achieved an ’impossible’ step in quantum computing – Alphr Warren Buffett On Bitcoin, Autonomous Driving, Clean Energy, And Life – Value Walk Slashing Corporate Taxes: Foreign Investors Are Surprise

15

Links 24 October 2017

Global Macro / Markets / Investing: Global Investors Chase Safety, Yield in U.S. Bonds – WSJ Number Of Bitcoin Miners In Venezuela Swells To 100,000 – ZeroHedge Is Bitcoin A Giffen Good? – Forbes The Financial Regulatory Laffer Curve – Macro and Other Musings Is the growth in living standards worse now than in the

8

Links 23 October 2017

Global Macro / Markets / Investing: MAULDIN: A 2-3% Correction Could Wipe Out Most VIX Short Sellers – Mauldin Economics Pollution kills 9 million people each year, new study finds – Boston Globe Bank Of America: “This Could Send The Nasdaq To 10,000” – Zero Hedge Firms that burn $1B a year are sexy but