Links

44

Links 14 July 2020

Global Macro / Markets / Investing: Global Electronic Waste Up 21 Percent in Five Years — Little of It Is Recycled – Truthout IMF: Government support for companies should be based on capital, not debt – Economic Daily OPEC and allies set to ease oil output cuts, anticipating demand recovery – Market Watch The recent

40

Links 13 July 2020

Global Macro / Markets / Investing: The World Is Drinking Less Coffee While Office Workers Stay Home – Bloomberg Sustainable-investing flows have smashed records in 2020. What’s going on? – Market Watch Elon Musk just surged past Warren Buffett on the list of the world’s richest people – Forbes Teleworking is Not Working for the

349

Sunday Supplement: 12 July 2020

‘Sheep Country, Burra’, Douglas Dundas, 1950, Art Gallery of NSW   Macro & Markets Trump says U.S.-China relationship is ‘severely damaged,’ phase 2 trade deal not a priority – CNBC WHO says it’s ‘very unlikely’ countries can eradicate the coronavirus right now – CNBC Donald Trump hints lack of interest in a phase two US-China

446

Weekend Reading 11-12 July 2020

Global Macro / Markets / Investing: IMF’s chief economist urges ‘equity-like’ governments support for virus-hit firms – Reuters The World Can Show How Pharma Monopolies Aren’t the Only Way to Fight COVID-19 – Counter Punch When Low Yields Can Be a Good Deal for Investors – Barrons Americas: Around 1.3 million people filed for first-time

21

Links 10 July 2020

Global Macro / Markets / Investing: The Fed is reasonably cautious about controlling the yield curve – Economo The world emerges from the hegemony of the United States, but does not take its eyes off them – Economo Tesla mocks shortsellers with sale of red satin shorts – Reuters Global tourism stands to lose up

43

Links 9 July 2020

Global Macro / Markets / Investing: The stock market is poised for a 40% drop, warns economist who says the current climate feels a lot like 1929 – Market Watch Employees around the world want a hybrid model of office work – Finances Herald Consensus grows about the Fed’s impact on equities – Axios Will

23

Links 8 July 2020

Global Macro / Markets / Investing: Goldman Sachs thinks the US recovery is running into trouble – CNN Tesla mocks shortsellers with sale of red satin shorts – Reuters U.S. Federal Reserve Ready To Buy Stocks – Yes Really. – Seeking Alpha Financial analyst Gary Shilling says the stock market could see a 1930s-like decline

26

Links 6 July 2020

Global Macro / Markets / Investing: Is modern monetary theory too good to be true? – Modern Monetary World’s Largest Pension Fund Loses $165 Billion in Worst Quarter – Yahoo Covid-19 Isn’t Killing Cash. People Are Hoarding More of It – Bloomberg Dollar’s dominance to slowly melt away over coming year: Reuters poll How pandemics

268

Sunday Supplement: 5 July 2020

‘Valley of Tharwa, Murrumbidgee’, J.R. Jackson, 1925, National Gallery of Victoria   Macro & Markets Big Oil’s Nightmare Is Coming True – OilPrice A $10 Trillion Fed Balance Sheet Is Coming – Bloomberg $10bn of precious metals dumped each year in electronic waste, says UN – Guardian Three strikes against the Fed – VoxEU, Buiter

359

Weekend Reading: 4-5 July 2020

Global Macro / Markets / Investing: Dark day for workers as thousands lose jobs including 15,000 at Boeing rival Airbus – MarketWatch Coronavirus will wipe out 400 million jobs worldwide in the second quarter – Economo Hertz bankruptcy turns into $11B standoff in court over used car fleet – CNET Stocks Pare Gains as Virus

16

Links 3 July 2020

Global Macro / Markets / Investing: Fed warns stock market of a second recession if the coronavirus pandemic isn’t brought under control – Market Watch Amazon’s Coronavirus Problem is Worse Than it Let On – NY Mag Hedge Fund Star John Paulson Calls It Quits – WSJ Airbus cuts 15,000 jobs to face aviation’s ‘gravest

26

Links 2 July 2020

Global Macro / Markets / Investing: U.S. Stocks Finish Best Quarter in More Than 20 Years – WSJ Biggest Market Crashes of all time and what we learn about economy from it. – Arcanelost The V-shaped economic recovery is coming – Economic Daily Beyond covid-19 lies a new normal—and new opportunities – Tech Review Is

102

Links 1 July 2020

Global Macro / Markets / Investing: Big tobacco, big oil and Warren Buffett join the Fed’s portfolio – CNBC Second Great Depression – MSN Why the US Dollar is so powerful? – Wholistic View New data suggest people aren’t getting reinfected with the coronavirus – Science News Americas: Massive Wave Of Student Loan Defaults Is

21

Links 30 June 2020

Global Macro / Markets / Investing: 7 reasons the stock market may face a severe bout of turbulence next week and beyond—only one is rising coronavirus cases – MarketWatch A brief history of Elon Musk’s festering feud with rival automaker Nikola – Futurism The Inflation Debate Is Returning to Markets Flush With Cash – Bloomberg

26

Links 29 June 2020

Global Macro / Markets / Investing: Note to employees loving their WFH set-up: Your jobs may be outsourced to remote workers in other countries – Financial Post Microsoft goes entirely digital as it decides to close all it stores for good – The Print The Second Great Depression – MSN CEO compensation has grown 940%

236

Sunday Supplement: 28 June 2020

‘Our untidy bush’ Arthur Streeton, 1927, National Gallery of Victoria   Macro & Markets US imposes visa restrictions on Chinese officials over Hong Kong security law – BBC Facebook will label newsworthy posts that break rules as ad boycott widens – Reuters Fed acts to keep banks ‘prudent’ amid virus risks – BBC Communication power

355

Weekend Reading: 27-28 June 2020

Global Macro / Markets / Investing: Capitalism is Destroying ‘Safe Operating Space’ for Humanity, Warn Scientists – Nature Want to know why the stock market is doing great while many people are struggling? Big Daddy Fed Doesn’t Care About You – Medium Fed caps bank dividend payments and suspends share-buybacks for third quarter after stress

46

Links 26 June 2020

Global Macro / Markets / Investing: IMF Slashes Global GDP Forecasts, Warning Of An Economic Crisis ‘Like No Other’ – Forbes Global stocks plunge as investors weigh report on US considering new tariffs on the EU and UK – Business Insider Forget UBI, says an economist: It’s time for universal basic jobs – LA Times

19

Links 25 June 2020

Global Macro / Markets / Investing: World’s largest economy in free fall – Independent Australia Demand for US dollar as world’s reserve currency ‘seems to be waning’ – Deutsche Bank Americas: Political Donors Linked to China Won Access to Trump, GOP. Hundreds of thousands of dollars in political donations opened doors in Washington for Chinese

18

Links 24 June 2020

Global Macro / Markets / Investing: Five Ways Cryptocurrency Critics Are Right – Econ Americas Debt: Why Most Fear It, and Why You Shouldn’t – Medium The ruins of the global economy look even more tragic for the IMF – Economo Dow futures climb as hope for V-shaped recovery overshadows rise in coronavirus cases –

41

Links 23 June 2020

Global Macro / Markets / Investing: Favoring finance over the economy has a bad result – Economo The ruins of the global economy look even more tragic for the IMF – Economo Study shows that you’re more likely to be successful if you’re born dumb and rich than poor and smart – The Atlantic Why

46

Links 22 June 2020

Global Macro / Markets / Investing: Why stock market crash, bubble pop is imminent: 30-year investing vet – Business Insider ‘La la land?’ The stock market is ‘insanely disconnected’ and due for a ‘reckoning,’ Warren Buffett warns – Market Watch A look at the top 100 companies according to market cap added YTD amid the

313

Sunday Supplement: 21 June 2020

  ‘Cattle on Hillside, Shoalhaven’, Arthur Boyd, 1975, Art Gallery of NSW   Macro & Markets Don’t Blame the Fed for the Robinhood Trading Blitz – Bloomberg New US space strategy targets Russia and China – Deutsche Welle H.O. Warns of ‘Dangerous Phase’ of Pandemic as Outbreaks Widen –  NY Times The Rage Unifying Boomers

405

Weekend Reading: 20-21 June 2020

Global Macro / Markets / Investing: Jeff Bezos will be worth $300 Billion when Amazon hits $5,000 a share, World’s 8th Largest Economy – Crypto Price Stock-market legend who called 3 financial bubbles says this one is the ‘Real McCoy,’ this is ‘crazy stuff’ – MarketWatch Billionaires Get $583 Billion Richer Since Coronavirus Began –

27

Links 19 June 2020

Global Macro / Markets / Investing: ‘The dollar is going to fall very, very sharply,’ warns prominent Yale economist – Market Watch Stock-market legend who called 3 financial bubbles says this one is the ‘Real McCoy,’ this is ‘crazy stuff’ – Market Watch AI isn’t magical and won’t help you reopen your business – WSJ

62

Links 18 June 2020

Global Macro / Markets / Investing: Millennials Born In 1980s May Never Recover From The Great Recession – CNN Low Unemployment Isn’t Worth Much If The Jobs Barely Pay – Brookings ‘The dollar is going to fall very, very sharply,’ warns prominent Yale economist – MarketWatch Americas: National Debt Growing at Roughly $1 Trillion a

41

Links 17 June 2020

Global Macro / Markets / Investing: The Fed says it is going to start buying individual corporate bonds – CNBC Stuck at Home, the World Is Eating Less Sugar – Yahoo A dollar crash is virtually inevitable, Asia expert Stephen Roach warns – CNBC ‘Peak’ Private-Equity Fears Are Spreading Across Pension World – Bloomberg Stocks

40

Links 16 June 2020

Global Macro / Markets / Investing: Coronavirus Caused Economic Devastation Globally- With or Without Lockdowns – National Interest Low-information ‘investors’ rule the stock market — at least until they lose every cent. – MarketWatch Millions of Jobs Could Be Permanently Lost in Reallocation Shock – Bloomberg Private Equity Gets a Big Win With U.S. Nod

34

Links 15 June 2020

Global Macro / Markets / Investing: The fourth industrial revolution is rapidly grabbing hold – Enreads Are we moving towards a post-dollar world? – Economic Daily The Fed rightly rules out raising interest rates for the foreseeable future – Economo Wall Street’s party is over. Coronavirus fears are back – CNN Fears of second coronavirus

531

Weekend Links 13-14 June, 2020

Arkaroola Landscape, Elisabeth Cummings, 1994, Art Gallery of NSW   Macro & Markets Sex Pistols-style anarchy threatens world economy – AsiaTimes Eight minutes that could change the world – AsiaTimes What US-China decoupling does and doesn’t mean – AsiaTimes Is Libya the new Syria? – BNE Intellinews How the protests swept the world – New