Links

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Links 26 November 2020

Global Macro / Markets / Investing: Elon Musk has added $100.3 Billion to his Net Worth and Overtaken Bill Gates to Become World’s Second-Richest Person – Tech Elevation While the Stock Market Is Facing a Bubble, Warren Buffett Opts for the Best Possible Value in His Eyes – Medium New Era Requires New Approach to

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Links 25 November 2020

Global Macro / Markets / Investing: Wall Street’s Biggest Dogs All Need Bitcoin for the Upcoming Years – Medium COVID-19’s economic fallout will long outlive the health crisis, report warns – UNCTAD Global inequality highest in decades — Sustainable Review Stocks extend their gains on report Biden to pick Yellen for Treasury, Dow up 400

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Links 24 November 2020

Global Macro / Markets / Investing: Four Reasons the Stay-at-Home Economy Is Here to Stay – WSJ “Oh, man. The unwinding of this bubble is going to be painful” – Economics professor warns of total crash the next 12 years – Mazech The World Bank warns The G20 from ignoring the debt problems – Guardian

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Links 23 November 2020

Global Macro / Markets / Investing: The World Bank warns The G20 from ignoring the debt problems – Guardian Mag The Dow has completely recovered its 2020 bear-market loss. Here’s what comes next – Market Watch Euro Tops Dollar as Payments Currency for First Time Since 2013 – Bloomberg Apple to Pay $113m to Settle

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Weekend Reading: 21-22 November 2020

Global Macro / Markets / Investing: Gold fell to its lowest level in 4 months – Guardian Mag ‘Attack of the debt tsunami’: Coronavirus pushes global debt to record high – CNBC Nvidia Crushed Earnings Estimates. Its Stock Is Slipping – Barrons Americas: 12 Million To Lose Jobless Benefits The Day After Christmas Unless Congress

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Links 20 November 2020

Global Macro / Markets / Investing: An unemployment statistic that goes uncounted: the long-term unemployed – The Guardian Mapped: The Top Export in Every Country – Visual Capitalist Airbnb refunded $1 billion in bookings this year – QZ Bank of America advises selling short-term amid market euphoria Market’ optimism about economic growth is at 20-year

14

Links 19 November 2020

Global Macro / Markets / Investing: Warren Buffett appears to be buying a secret stock that could be revealed within weeks – Business Insider Rising gold prices – Business Devilhunter Bond Investors Win Big Betting on U.S. Consumer – WSJ Quant Shock That ‘Never Could Happen’ Hits Wall Street Models – Bloomberg Americas: WSJ: Hundreds

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Links 18 November 2020

Global Macro / Markets / Investing: Understanding the Velocity of Money – Stocks & Coffee Home Depot Buys HD Supply Holdings in $8 Billion Takeover Deal – The Street Bezos Gives $791M For Climate Action – The Techee Airbnb Files To Go Public – The Techee Private firms keep stranglehold on COVID vaccines, though you

14

Links 17 November 2020

Global Macro / Markets / Investing: Bond Investors Win Big Betting on U.S. Consumer – WSJ Economic Risks Are High as Chances for Quick Stimulus Narrow – NY Times The Bond Problem: With little income remaining from yield, investors are right to question the logic of hedging historically expensive equities with historically expensive bonds. –

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Links 16 November 2020

Global Macro / Markets / Investing: There’s no such thing as a self-made billionaire – The Correspondent Home Prices Are In a Bubble. Full Stop. Stocks may be expensive based on historical measures, but it’s nothing compared to skyrocketing home values. – Bloomberg Oil prices drop after a report by the International Energy Agency –

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Weekend Reading: 14-15 November 2020

Global Macro / Markets / Investing: Dow falls 900 points on lockdown fears as Europe reintroduces tighter measures – NBC Andrew Yang: It’s ‘asinine’ for Trump to take credit for stock market highs – Yang The US Dollar will likely be devalued 35% in the coming year – Road Work Ahead COVID-19 pandemic to put

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Links 13 November 2020

Global Macro / Markets / Investing: Jobseekers are being gaslighted – all too often being told unemployment is their fault – The Conversation Choosing health insurance is so complicated, 23% of workers with only two choices picked the worst one – The Conversation Why is the Federal Reserve lending money to Apple? – Telegraph The

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Links 12 November 2020

Global Macro / Markets / Investing: Countries are piling on record amounts of debt amid COVID-19 – WE Forum Why the pandemic has put the future of the office on hold – VOX World’s largest coal producer warns of bankruptcy risk – FT Warren Buffett’s Berkshire Hathaway bought back a record $9 billion in stock

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Links 11 November 2020

Global Macro / Markets / Investing: Dow spikes nearly 1,600 points as vaccine news, Biden victory rev up markets – Washington Post Cannabis stocks soar on Biden win, legalization hopes and solid results – CNN ‘Biden Bounce’ sees Japan shares hit 29-year high – BBC AI Has Resulted In “Ethical Issues” For 90% Of Businesses

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Links 10 November 2020

Global Macro / Markets / Investing: Warren Buffett Doubles Down On Major Reversal In Investing Strategy – Investors Antitrust Alone Won’t Fix the Innovation Problem – Project Syndicate Warren Buffett’s Berkshire Hathaway bought back a record $9 billion in stock in the third quarter – CNBC Investors celebrate Biden winning US presidency – The Star

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Links 9 November 2020

Global Macro / Markets / Investing: A healthy economy should be designed to thrive, not grow. – TED How Much Of The Stock Market’s Rise Over The Last 11 Years is Due to QE? Here’s an Estimate – Market Watch The Link Between the Stock Market and the Economy Is Weakening – Bloomberg Stock Market

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Sunday Supplement: 8 November 2020

‘A Billabong in the Goulburn Valley, Victoria, Australia’ 1878, H.J. Johnstone, Art Gallery of South Australia   Macro & Markets Bond markets should brace for tighter central bank squeeze – Reuters Record low rates are here to stay regardless who sits in the Oval Office. Will that keep markets pumping in the age of Covid-19?

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Weekend Reading: 7-8 November 2020

Global Macro / Markets / Investing: The Oil Price War Won’t Dethrone The Dollar – Oil Price Climate change will hit economy harder than COVID-19 lockdowns – Money Mag Modern, Pre-Modern, Or Post-Modern Money? A Brief Guide For The Perplexed – Forbes The MMT Myth – Project Syndicate Americas: San Francisco voters approve taxes on

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Links 6 November 2020

Global Macro / Markets / Investing: How Jeff Bezos is Spending his $10 Billion Earth Fund – The Atlantic Uber and Lyft Got the Result They Wanted on Election Night – Slate The race for the Covid vaccine reaches the final stretch 45 vaccine candidates in human trials – Money 2y Dalio Says Yuan Will

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Links 5 November 2020

Global Macro / Markets / Investing: Why Big Tech doesn’t much care who wins the election – Axios Dalio Says Yuan Will Be a Reserve Currency Faster Than Expected – Bloomberg Financial Markets Show Signs of Worries About High-Yield Bonds. But Bond Prices Aren’t Reflecting Them. – Barrons Americas: Biggest U.S. Banks Aren’t as Strong

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Links 4 November 2020

Global Macro / Markets / Investing: Stocks futures soar as Wall Street predicts Joe Biden will win – CNN Federal Reserve Staff Sluiced Wall Street Bankers With Trillions From the Comfort of Their Mansions – News.Bitcoin Financial Markets Show Signs of Worries About High-Yield Bonds. But Bond Prices Aren’t Reflecting Them. – Barrons Oil prices

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Links 2 November 2020

Global Macro / Markets / Investing: Bezos, Gates, Zuckerberg. Behind every “self-made” millionaire is a father with money – Vocal Central Banks Dump Gold for the First Time Since 2010, Precious Metal Drops 9% Since August High – Bitcoin.com The tech antitrust problem no one is talking about – Ars Technica Dow closes more than

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Sunday Supplement 1 November 2020

‘McIntosh’s saw mill at Echuca, floodtime’ 1887 JW Curtis, Art Gallery of NSW   Macro & Markets ExxonMobil warns of $30bn writedown of shale assets amid energy price slump – Guardian Charting the Global Economy: Growth Surges in U.S., Euro Area – Bloomberg For Amazon, Apple, Facebook and Google business is booming – BBC In

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Weekend Reading: 31 October to 1 November

Global Macro / Markets / Investing: Twitter shares sink 13% amid slowing user growth and ad uncertainty – CNBC Why companies based on gig work are hurting more than their employees – Fast Company Americas: ‘Don’t Be Fooled’: Economists Warn Against Deceptive Trump Spin on New GDP Figures – Common Dreams “American exceptionalism” has outlived

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Links 30 October 2020

Global Macro / Markets / Investing: Mark Zuckerberg Loses $2.8 Billion in Just a Single Day – Tech Elevation Wall Street will soon have to take millennial investors seriously – Economist European stocks drop and Dow futures slide 400 points as rising COVID-19 cases set to trigger more restrictions – MarketWatch Asian shares, U.S. stock

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Links 29 October 2020

Global Macro / Markets / Investing: PayPal’s entry into crypto has many new faces watching the space, but how can they join the crypto-economy safely? – Yahoo How Efficient Markets Became Academic Dogma – Econ Americas BlackRock Sells Dollar For Asian Currencies Into U.S. Vote – Bloomberg Americas: Millions poised to lose unemployment benefits in

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Links 28 October 2020

Global Macro / Markets / Investing: Dow sinks almost 900 points amid surging COVID-19 cases – UPI You’re Not Welcome Here: How Social Distancing Can Destroy The Global Economy – NPR Bond Defaults Deliver 99% Losses in New Era of U.S. Bankruptcies – Bloomberg Modern Monetary Theory and the crisis of capitalism: Part one –

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Links 27 October 2020

Global Macro / Markets / Investing: The pursuit of herd immunity is a folly – so who’s funding this bad science? – The Guardian Central Bank Digital Currencies Are an Extension of the Flaws of Fiat Currencies – Medium US, Global Corporate Giants Not Amused Mexico Finally Forces Them to Pay the Taxes They Owe

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Links 26 October 2020

Global Macro / Markets / Investing: Meet The Network That Could Be Poised To Dethrone Ethereum – Zero Hedge The next economic crisis: Empty retail space – Politico Tesla’s autonomous driving could displace $8 trillion worth of enterprise value in the market: Analyst – CNBC World trade recovering slowly, but outlook is uncertain: UN body

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Sunday Supplement: 25 October 2020

‘Wheel tracks’ 1970, David Armfield, Art Gallery of NSW    Macro & Markets New World Disorder: will a US-China cold war and Covid-19 finally kill off the United Nations? – SCMP…the UN is face down in the pool… People Fear a Market Crash More Than They Have in Years – NY Times U.S. antitrust case