Links

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Sunday Supplement: February 23 2020

Toy boys, 1990, Geoffrey Ricardo, Art Gallery of NSW   Macro & Markets In next downturn, Fed may opt for quick, strong action – Reuters The World’s Biggest Economies Get a Jolt of Government Spending – Bloomberg If slowing growth, unsound financial systems and the coronavirus don’t trigger a market meltdown, central banks will –

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Weekend Reading: 22-23 February 2020

Global Macro / Markets / Investing: Bank of America warns negative U.S. rates could hurt operations – Stock Market News Coronavirus Begins to Spread Economic Gloom Worldwide – Foreign Policy Coronavirus could cost global economy $1tn in lost output – The Guardian Americas: There’s No Resurgence In American Manufacturing. It’s A Myth– Talking Points Memo

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Links 21 February 2020

Global Macro / Markets / Investing: Coronavirus Begins to Spread Economic Gloom Worldwide – Foreign Policy Companies are racked with loads of low-quality debt – Business Insider Coronavirus could cost global economy $1tn in lost output – The Guardian Where Is the Gold Rush Leading to? – Journal Neo This ‘Crisis Investing’ Hedge Fund Manager

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Links 20 February 2020

Global Macro / Markets / Investing: Climate crisis could cause economic recession ‘like we’ve never seen before’, study warns – Independent HSBC to Cut 35,000 Jobs and $100 Billion of Assets – WSJ Apple sees $43 billion in market value wiped out after warning the coronavirus will push revenue below forecasts – Business Insider Tesla

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Links 19 February 2020

Global Macro / Markets / Investing: Entrepreneurs don’t have a special gene for risk—they come from families with money – Quartz Old, inefficient industries are being disrupted by young companies – will this continue in the future? – IB Times A crossover of fiscal and monetary policy – FT For Big Funds, Changing Climate Means

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Links 18 February 2020

Global Macro / Markets / Investing: Bernie Sanders Could Be the Stock Market’s Best Friend – Bloomberg Capitalism destroys democracy. It’s an unsustainable economic system – Washington Post Americas: America’s current healthcare is getting an extra 450 billion profit off its citizens every year, and letting 68,000 Americans to die every year – Common Dreams There’s now

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Links 17 February 2020

Global Macro / Markets / Investing: Mexico Is Showing the World How to Defeat Neoliberalism – Truth Dig Infection Plunges Global Oil Consumption? – YouTube Oil Production on Federal Land Topped 1 Billion Barrels, Reducing Impact OPEC Has on Markets – Tennessee Star Economic fallout from China’s coronavirus mounts across the globe – Nation Thailand

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Sunday Supplementary Links – 16 February 2020

Australian Head, to do with the blue, Michael Ramsden, 1974-79, Art Gallery of NSW   Macro & Markets Funds Face Trillion-Dollar Hit on Negative-Yielding Debt Pile – Bloomberg The World Is Conspiring to Make Gas Cheaper – Bloomberg…except in Australia… Coronavirus likely to infect the global economy – Harvard Gazette ‘Black swan’ coronavirus casts its

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Weekend Reading: 15-16 February 2020

Global Macro / Markets / Investing: Betting against Tesla has burned yet another hedge fund – Business Insider Mobile World Congress 2020 canceled over coronavirus health concerns – The Verge Why institutional investors have yet to embrace Bitcoin – Decrypt Americas: Puerto Rico govt loses $2.6M in phishing scam – Tech Xplore Fed Chair Powell:

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Links 14 February 2020

Global Macro / Markets / Investing: Revealed: big oil’s profits since 1990 total nearly $2 trillion–that’s Chevron, BP, Shell, and Exxon only – The Guardian Fed chair on digital dollar plans: Facebook’s Libra a ‘wake-up call’ – Decrypt Tesla on autopilot had steered driver towards same barrier before fatal crash, NTSB says – ABC Private

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Links 13 February 2020

Global Macro / Markets / Investing: The Race For the Title of World’s Greatest Welfare Bum: Behind Amazon’s HQ2 Fiasco: Jeff Bezos Was Jealous of Elon Musk – Bloomberg Five Hedge Fund Heads Made More Than $1 Billion Each Last Year – Yahoo Crypto, the stabiliser? – Thoughts on how cryptocurrency has the potential to

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Links 12 February 2020

Global Macro / Markets / Investing: Shipping Gets Smashed by Coronavirus – Rigzone 70% chance of recession in next six months, study from MIT and State Street finds – CNBC Federal Reserve inching closer to a central bank digital currency – Decrypt Americas: The US actually created fewer jobs in 2018 and 2019 than we

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Links 11 February 2020

Global Macro / Markets / Investing: Bitcoin breaks $10,000 – Coin Rivet Stock Market Shows Signs of Bubble as Bitcoin, Safe Haven Investments Pop – BeInCrypto OPEC Wants To Raise Oil Prices – Stock Market News China’s virus crisis sickens global gas market – Asia Times Americas: US Economy Misses Trump’s 3% Growth Target –

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Links 10 February 2020

Global Macro / Markets / Investing: Government Agency Warns Global Oil Industry Is on the Brink of a Meltdown – Vice Amazon Only Paid 1.2% Taxes In 2019 Despite $13 Billion Profit – IB Times These companies let people work from anywhere in the world—and they’re hiring – CNBC Insiders Are Rushing to Sell their

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Weekend Reading: 8-9 February 2020

Global Macro / Markets / Investing: Economic Inequality Through the Looking Class – Medium Potential US Dollar Digital Currency Being Examined by Federal Reserve Governor – Be In Crypto Fedcoin? The U.S. central bank is looking into it – Reuters 7-Eleven is the next retailer to test cashierless stores – Tech Crunch Global car sales

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Links 7 February 2020

Global Macro / Markets / Investing: Global car sales hit the brakes, mass layoffs by Nissan and Ford – Wheelsjoint Ford posts $1.7 billion quarterly loss, offers weak 2020 forecast – Reuters Oil prices are falling again – kuhinjskecarolije.com Koch Industries acquires Infor in deal pegged at nearly $13B – Tech Crunch ‘I’m not a

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Links 6 February 2020

Global Macro / Markets / Investing: Ford posts $1.7 billion quarterly loss, offers weak 2020 forecast – Reuters YouTube is a $15 billion-a-year business, Google reveals for the first time – The Verge Tesla continues surge as US stocks gain – Straits Times Study: Residents willing to work for benefits of green infrastructure – Nuadox

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Links 5 February 2020

Global Macro / Markets / Investing: How McKinsey Destroyed the Middle Class – The Atlantic Oil price hits 13-month lows as coronavirus cuts demand – The Star Stock futures point to rebound as China seeks to curb virus impact – Reuters Deep Dive: Assessing And Tackling Debit Card Fraud – Jaagnet Factories Brace for Virus

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Links 4 February 2020

Global Macro / Markets / Investing: Global digital tax talks to move forward – The Hill Americans own a lot of stock right now — and that’s a bad sign – MarketWatch Airbus to pay record £3bn in fines for ‘endemic’ corruption – The Guardian Americas: Economists grapple with rising American mortality – Economist A

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Links 3 February 2020

Global Macro / Markets / Investing: Climate Change is Making it Much Harder to be a Young Farmer – Mother Jones Airbus to pay record £3bn in fines for ‘endemic’ corruption – The Guardian Facebook plunges, wiping out more than $50 billion in market value – CNBC Dow drops 550 points as worries grow about

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Weekend Reading: 1-2 February 2020

Global Macro / Markets / Investing: Facebook plunges, wiping out more than $50 billion in market value – CNBC The Global System Nearing Financial and Climate Collapse – Global Research Mortgage rates plunge to second lowest level in three years amid coronavirus concerns – MarketWatch Power to the People: Winning Public Control of Electric Utilities

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Links 30 January 2020

Global Macro / Markets / Investing: $416bn is lost from the developing world every year to tax avoidance and other illicit finanfial flows. – Citizens for Financial Justice Wealth gap widening for more than 70% of global population, researchers find – The Guardian Pension fights are a fundamental frontier of class struggle – Organizing Work

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Links 30 January 2020

Global Macro / Markets / Investing: US stocks bounce back after virus-fuelled rout – Channel News Asia Apple holiday earnings, sales hit record highs beyond expectations – Market Watch Biggest companies in world right now – market values – Igorb News Dubai set to launch its own tax-free ‘Crypto Valley’ – Decrypt Dow Jones sinks

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Links 29 January 2020

Global Macro / Markets / Investing: Dow Jones sinks more than 400 points amid coronavirus uncertainty – ABC Amid climate crisis, investors are starting to put their money towards a sustainable future – CNBC Fed Adds Nearly $50 Billion to Markets, but Overall Temporary Liquidity Declines – WSJ “Digital currency cannot be private,” warns Bank

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Links 28 January 2020

Global Macro / Markets / Investing: Guggenheim Says Market a ‘Ponzi Scheme’ That Must Collapse – Bloomberg Blackrock announces it’s going to divest half a billion dollars from coal mining companies, signaling coal is a dead industry – The Conversation Cryptocurrencies Remain Niche but Interest in Central Bank Digital Currencies is Soaring – Be In

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Australia Day supplementary links January 26 – 27, 2020

Miss Australia, 1975, Martin Sharp, Art Gallery of NSW   Macro & Markets Why the coronavirus outbreak could trigger a stock-market pullback – MarketWatch Scientist who simulated the global impact of a coronavirus outbreak says ‘the cat’s already out of the bag’ and calls China’s efforts to contain the disease ‘unlikely to be effective’ –

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Australia Day Holiday Links: 25-27 January 2020

Global Macro / Markets / Investing: Boeings 737 Max crisis was fueled by a shareholder-first company culture – Fortune Hong Kong and the Iran situation may impact prices of Gold and precious metals – Gold Silver Bitcoin FT: Is inflation higher than central banks think? – FT Alphaville Planet Just Had Costliest Decade for Global

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Links 24 January 2020

Global Macro / Markets / Investing: Diversify Into Hard Assets, but Not Bitcoin, Says Billionaire Investor – BeInCrypto How One Chart Shows That Even The Harshest Critics of Capitalism are Too Soft On It – Medium Amateur Investors Are Making Risky Bets That Could Wipe Them Out – Bloomberg Mark Cuban, who made billions from

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Links 23 January 2020

Global Macro / Markets / Investing: Leaders at Davos doubt China and US will reach a phase 2 trade deal by end of Trump’s term – CNBC Investors Worry More About US Election Than Trade – Stock Market News The technological revolution can worsen inequality in the world – Economo The smart home of the

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Links 22 January 2020

Global Macro / Markets / Investment: The world’s 2,153 billionaires are richer than 4.6 billion people combined – Business Insider Boeing is in talks to borrow $10 billion or more as 737 Max crisis wears on – CNBC One Well Paid Scapegoat: Boeing’s Ousted CEO Receives No Severance—But $80 Million in ‘Pre-Existing Benefits’ – Observer