Links

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Links 28 September 2020

Global Macro / Markets / Investing: The Stock Market Is Not the Economy – TCF 21 percent of CEOs are psychopaths. Only 21 percent? – Washington Post The Pandemic Has Swelled the Ranks of Zombie Companies. Here’s How to Recognize Them. – Barrons Tesla’s Nemesis in China Is a Tiny $5,000 Electric Car From GM

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Sunday Supplement: 27 September 2020

La Perouse, 1947, William Dargie, Art Gallery of NSW   Macro & Markets Australia says world needs to know origins of COVID-19 – Reuters FinCEN Files show banks are not serious enough about beating money laundering – ABC What $2tn in possible corrupt activity reveals about Kleptopia – Guardian…the world is awash with corruption proceeds,

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Weekend Reading: 26-27 September 2020

Global Macro / Markets / Investing: The Stock Market Is Not the Economy – TCF “We’re in serious f***ing trouble if the share price of Apple drops more than 250 points,” said Trump in a leaked Oval Office meeting recording. – CNN DOLLAR will CRASH in 2021, US should brace for double-dip recession, economist warns

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Links 25 September 2020

Global Macro / Markets / Investing: Wall Street’s Reimagined Suburban Subdivision Is Full of Renters – Bloomberg Stocks perform better when a Democrat is in the White House. History proves it – CNN Billionaire says that a wealth tax isn’t a good idea. – CNBC Americas: More Than 3 In 10 Households Used Up All

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Links 24 September 2020

Global Macro / Markets / Investing: Billionaire Barry Diller says the market is being driven by ‘great speculation,’ and urges investors to save ‘every nickel’ – Business Insider Coronavirus recession ends for the rich but is far from over for lower-income communities – CNBC Elon Musk says Tesla deliveries will rise 30% to 40% in

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Links 23 September 2020

Global Macro / Markets / Investing: 5 Major Banks Exposed for Moving Trillions for Mobsters, Onecoin Ponzi, and Drug Cartels – Bitcoin News In the Covid-19 pandemic, people should be supported, not jobs – Economic Daily Remote working is here to stay – but that doesn’t mean the end of offices or city centres –

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Links 22 September 2020

Global Macro / Markets / Investing: In the Covid-19 pandemic, people should be supported, not jobs – Economic Daily Who Bought the $3.3 Trillion Piled on the Incredibly Spiking US National Debt Since March? – Wolf Street U.S. Stock Outperformance Portends More Dark Days for the Dollar – Bloomberg Apple Is Set Up For Huge

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Links 21 September 2020

Global Macro / Markets / Investing: Apple Is Set Up For Huge iPhone Sales Of 5G Handset – Bulls Waves Goldman Says Options Market Pushing Election Risk to December – Bloomberg Basic Income Experiments Around the World – Visual Capitalist PS5 Will Sell Over 200 Million Units, According To Analysts – Screen Rant BP said

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Sunday Supplement: 20 September, 2020

‘The Hikers’ 1957, James Cook, Art Gallery of NSW Macro & Markets Worst Shipping Crisis in Decades Puts Lives and Trade at Risk – Bloomberg The next wave of the global recovery could send commodity prices soaring – CNBC Fed’s Kashkari says pandemic aid was also ‘banking bailout’ – Reuters U.S.-China investment flows slide to

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Weekend Reading: 19-20 September 2020

Global Macro / Markets / Investing: Wall Street slumps as most stocks fall; tech leads decliners – AP News Asia stocks defy Wall Street weakness but economy, US election worries cap gains – Straits Times World Bank: Coronavirus pandemic threatens health and education – Economo The OECD is a little more optimistic about the global

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Links 18 September 2020

Global Macro / Markets / Investing: Fed Signals Interest Rates to Stay Near Zero Through ​2023 – WSJ Pandemic crisis: Global economic recovery tracker – FT Why Everything Is Sold Out – The Atlantic Liquidity Will Offset Inflationary Pressures in Bond Market –Analysts – D Market Forces Americas: Under Trump, America’s National Debt Has Increased

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Links 17 September 2020

Global Macro / Markets / Investing: Why the supply of electric vehicle nickel is so constrained – Kitco WeWork may end up being the Napster of the post-pandemic economy – Bloomberg IEA says oil demand recovery set to slow for rest of 2020 – Reuters Small cap stocks post biggest single day jump in six

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Links 16 September 2020

Global Macro / Markets / Investing: How Amazon Raised Prices to Profit from the Pandemic – Citizen Will home office kill big city centers? – Finances Herald How the Coronavirus is Changing Personal Finance – Medium Global oil demand may have passed peak, says BP energy report – The Guardian Americas: “The Top 1% of

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Links 15 September 2020

Global Macro / Markets / Investing: Introducing the ‘Great Reset,’ world leaders’ radical plan to transform the economy – MSN USA and China: Comparing Fiscal Deficits, Debt/GDP Ratios and the Trade Deficit – Medium MacKenzie Scott, Jeff Bezos ex-wife, becomes the world’s richest woman – Mazech Walmart begins testing drone deliveries for household goods and

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Links 14 September 2020

Global Macro / Markets / Investing: Druckenmiller says stock market is in ‘an absolute raging mania’ and fears Fed raised risk of inflation and deflation – MSN How Liberals Opened the Door to Libertarian Economics – NY Times The world economy is recovering but growth is slowing – Economo The stock market is detached from

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Sunday Supplement: 13 September 2020

‘Grey day in the ranges’ 1942, Margaret Preston, Art Gallery of NSW    Macro & Markets China would rather see TikTok U.S. close than a forced sale – Reuters Rio Tinto exits seen reverberating across boardrooms – Reuters China debates cutting US access to drugs as hostilities spike – SCMP Global energy transition already well

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Weekend Reading 11-12 September 2020

Global Macro / Markets / investing: The stock market is detached from economic reality. A reckoning is coming. – Washington Post Oil prices add to losses as supplies swell amid weak demand – Edge Markets Insurance market Lloyd’s of London swings to loss after $3 billion in coronavirus claims – CNBC A Record Number of

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Links 11 September 2020

Global Macro / Markets / Investing: Stanley Druckenmiller says the stock market is in an ‘absolute raging mania’ – CNBC US stock market’s ‘BIGGEST BUBBLE EVER’ may have popped but the worst is yet to come – Peter Schiff – RT Exxon downsizes global empire as Wall Street worries about dividend – Reuters Good Times

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Links 9 September 2020

Global Macro / Markets / Investing: One of the World’s Richest Petrostates Is Running Out of Cash – Bloomberg Bank of England Slams Bitcoin, Praises Stablecoins and State Digital Currencies – Decrypt This US stock bubble could rank among the biggest in history – FT Sudden Volatility in Tech Stocks Unnerves Investors – WSJ This

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Links 8 September 2020

Global Macro / Markets / Investing: Worries grow over a K-shaped economic recovery that favors the wealthy – CNBC Dow Jones Futures: After Stock Market Rally Dive, What To Do Now; Tesla Gets S&P 500 Surprise – Investors Beyond imports: The supply chain effects of trade protection on export growth – VOX The Next Frontier

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Links 7 September 2020

Global Macro / Markets / Investing: It is time to levy a one-time pandemic wealth tax on billionaires’ windfall gains – Market Watch World’s 10 richest tech giants shed $44 billion wealth, Jeff Bezos tops list with $9 billion loss – Money Control Darkest Quant Fears Ring True in $1 Trillion World of Smart Beta

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Sunday Supplement: 6 September 2020

‘The Pink Heron’ Brett Whiteley, 1969, Art Gallery of NSW   Macro & Markets Anthropologist and Occupy activist David Graeber dies – DW…vale, and thanks for the definitive work of our age ‘bullshit jobs’…. China may ditch US Treasuries as decoupling risk looms: Global Times – SCMP…financialised MAD – people have been pointing out there

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Weekend Reading 5-6 September 2020

Global Macro / Markets / Investing: Tesla, the Triple-WTF Chart of the Year: Just Put Your Brain on Tesla Autopilot and Believe in It – Wolf Street The Concept of a U.S Dollar Collapse Goes Mainstream – Concoda Second part to my Deflation series. This time we look at debt’s role in the deflation cycle.

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Links 4 September 2020

Global Macro / Markets / Investing: The pros are getting ready for a market crash — retail investors, not so much, top economist warns – Market Watch What is universal basic income? How the policy gained traction – Business Insider Psychological scars of downturns could depress growth for decades: Research presented at the Jackson Hole

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Links 3 September 2020

Global Macro / Markets / Investing: Hunger after COVID-19 could kill more people in 2020 than the virus itself – Economo The coronavirus has proven that globalization is not dead – Finances Herald World trade is recovering faster than after the financial crisis – Economic Daily How Money and Markets Mutilate Medicine: Why creating life-saving

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Links 2 September 2020

Global Macro / Markets / Investing: Global trends – BP to sell headquarters in shift to work at home – Straits Times The world can survive even without the World Economic Forum in Davos – Economo Big Oil Is in Trouble. Its Plan: Flood Africa With Plastic. – NY Times How Can the Value of

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Links 1 September 2020

Global Macro / Markets / Investing: 54% of adults want to mainly work remote after pandemic: IBM study – Business Insider Private equity is a club and the ordinary investor is not invited – FT Buffett’s Berkshire buys 5% stake each in five Japanese trading firms – Reuters The Stock Market Is Near Correction Levels

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Links 31 August 2020

Global Macro / Markets / Investing: The Stock Market Is Near Correction Levels – Forbes Private equity is a club and the ordinary investor is not invited – FT Private Equity Is Cannibalizing the Post-Pandemic Economy – New Republic Mohamed El-Erian says ample Fed liquidity is causing ‘excessive risk taking’ in the market – Markets

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Weekend Reading 29-30 August 2020

Global Macro / Markets / Investing: Opinion: Investors should be wary of Warren Buffett’s crash warning – MSN Fed Unanimously Approves Shift on Inflation Goal, Ushering in Longer Era of Low Rates – WSJ Globalization does not have to mean deregulation – Economo US dollar under threat as American exceptionalism reaches its tipping point –

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Links 28 August 2020

Global Macro / Markets / Investing: Jeff Bezos is the first person in modern history to be worth more than $200 billion – Crypto Price Stock market record highs despite bad economy actually makes sense – Business Insider Why does low unemployment no longer lift inflation? – Economist These superrich investors just raised cash to