Links

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Links 13 May 2021

Global Macro / Markets / Investing: Stanley Druckenmiller says the Fed is endangering the dollar’s global reserve status – Forex Factory Why Stocks Soared While America Struggled – VOX S&P closes down in broad sell-off fueled by inflation fears – Reuters Ethereum, Soars Above $4,000 For the First Time Showing No Signs of Slowing Down

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Links 12 May 2021

Global Macro / Markets / Investing: Rich countries drained $152tn from the global South since 1960 – Aljazeera Impacted Supply Chains Causing Shortages Across Multiple Sectors – CNN Prices are rising everywhere you look – CNN Why Stocks Soared While America Struggled – VOX Research and innovation policies and productivity growth – Bruegel Iron Ore

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Links 11 May 2021

Global Macro / Markets / Investing: Visualizing the Recent Explosion in Lumber Prices – Visual Capitalist High-speed rail may hurt intermediate places: The role of long-haul economies – VOX Reducing Debt Via A Modern Debt Jubilee – Econ Intersect Federal Reserve turns the dollar into toilet paper – Asia Times Who’s Afraid of the Big

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Links 10 May 2021

Global Macro / Markets / Investing: Finding it Hard to Hire? Try Raising Your Wages – Riholtz Elon Musk – ‘Cryptocurrency is Promising, But Please Invest With Caution,’ – Tech Elevation US Dollar Share of Global Foreign Exchange Reserves Drops to 25-Year Low – IMF Continuous “FOMO” Pushes The Dogecoin Price, Elon Musk Still Has

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Weekend Reading: 8-9 May 2021

Global Macro / Markets / Investing: Premarket Stocks: Why Amazon is The ‘Perfect’ Money Making Machine – Asset Investo Amazon: new evidence of anti-competitive practice – Swacash Widespread Commodity Shortages Raise Inflation Fears – NY Times Gold prices end higher, notch best weekly gain of the year – MSN Americas: America’s Wealth Gap is Much

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Links 7 May 2021

Global Macro / Markets / Investing: Everything Screams Inflation – WSJ The global chip shortage is a much bigger problem than everyone realised. And it will go on for longer, too – ZD Net Yellen’s Interest-Rate Comment Illustrates the Market’s Greatest Worry – WSJ Why rich parents have rich children – VOX Widespread Commodity Shortages

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Links 6 May 2021

Global Macro / Markets / Investing: How companies rip off poor employees — and get away with it – AP News Ethereum’s 27-Year-Old Co-Creator Is Now The World’s Youngest Crypto Billionaire – Forbes Investing In Virtual Currency: The Ambiguity Between “Currency” And “Stocks” Confuses Wall Street – Global Trends Widespread Commodity Shortages Raise Inflation Fears

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Links 5 May 2021

Global Macro / Markets / Investing: A Summer of Sold-Out Ships Awaits as Sea Cargo Chaos Intensifies – Bloomberg Oil prices fall as the pandemic scatters fuel sales in India – Guardian Mag U.S. Oil Imports From OPEC Plunge To Lowest Since 1973 – Oil Price Economic development should be about value, not cost –

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Links 4 May 2021

Global Macro / Markets / Investing: Charlie Munger calls bitcoin ‘disgusting and contrary to the interests of civilization’ – CNBC The financial sector’s share of corporate profits, once less than 10%, reached 40% in the early 2000s and has remained consistently above 25% since – Pairagraph How the Federal Reserve Is Increasing Wealth Inequality –

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Links 3 May 2021

Global Macro / Markets / Investing: U.S. Oil Imports From OPEC Plunge To Lowest Since 1973 – Oil Price The Price of the Stuff That Makes Everything Is Surging – Bloomberg When Amazon raises wages, nearby firms follow suit – Economist How the Federal Reserve Is Increasing Wealth Inequality – Propublica Is the Labor Theory

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Weekend Links 1-2 May, 2021

‘Summertime, Broken Bay’ 1926, James Muir Auld, Art Gallery of NSW   Macro & Markets Biden’s plans are ‘once in a lifetime’ chance to end global tax abuse, says OECD boss – Guardian Fed Should Start Tapering, But It Won’t – Bloomberg Next up for Fed’s Powell and the taper test: ‘string’ theory – Reuters

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Links 30 April 2021

Global Macro / Markets / Investing: Google is saving $1 billion per year as a result of employees working from home – LA Times Fed holds interest rates near zero, sees faster growth and higher inflation – CNBC Fed Likely to Keep Rates Near Zero as Recovery Picks Up – WSJ Americas: Biden Unveils Massive

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Links 29 April 2021

Global Macro / Markets / Investing: Crop prices soar to 8-year high, renewing food inflation fears – Chicago Business Trans-Pacific deteriorating, brace for shipping ‘tsunami’ – Freight Waves Central bank currencies going digital – Bruegel Americas: Biden Seeks $80 Billion to Beef Up I.R.S. Audits of High-Earners – NY Times The Fed helped fuel a

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Links 28 April 2021

Global Macro / Markets / Investing: Time to ‘buckle up’ as ‘inflation’ mentions soar during earnings calls, BofA warns – Market Watch Bitcoin Makes A Comeback And Rebounds By More Than 8%, Approaching The $54,000 Mark – Smart Globies Climate change will devastate the world economy by 2050 if we don’t get serious now, people.

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Links 27 April 2021

Global Macro / Markets / Investing: There’s a simple solution for companies struggling to hire: Pay workers more – Business Insider C.E.O. Pay Remains Stratospheric, Even at Companies Battered by Pandemic – NY Times Rising income inequality is not an inevitable outcome of technological progress – Academic Times The Grocery Price Shock Is Coming to

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Links 26 April 2021

Global Macro / Markets / Investing: Welcome to the YOLO Economy – NY Times The Grocery Price Shock Is Coming to a Store Near You – Bloomberg Shortage of semiconductors, dubbed the ‘new oil,’ could dent GDP growth, boost inflation – CNBC Who Invented Bitcoin? London High Court Allows Australia Wright To Claim Bitcoin Copyright

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Weekend Reading: 24-25 April 2021

Global Macro / Markets / Investing: U.S. repo market flirts with negative rates as Fed seeks to absorb excess cash – Reuters America’s Neoliberal Financialization Policy vs. China’s Industrial Socialism – UNZ Global middle class shrinks for first time since 1990s – Aljazeera Warren Buffett Investment Advice – Wealth Pursuits Globalisation and global crises –

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Links 23 April 2021

Global Macro / Markets / Investing: Nuclear power and growth – John Cochrane Oil prices drop as India’s COVID-19 surge dents demand outlook – Guardian Mag America’s Neoliberal Financialization Policy vs. China’s Industrial Socialism – UNZ Global middle class shrinks for first time since 1990s – Aljazeera The legality of cryptocurrencies in front of central

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Links 22 April 2021

Global Macro / Markets / Investing: Dogecoin was Started as a Joke Acquired the Market Cap of $52 Billion. – Tech Elevation Wall Street’s Cooked Books Fueled the Financial Crisis in 2008. It’s Happening Again. – The Intercept EV-makers embrace online sales, fixed prices for growth – China Daily Shareholder adviser rebukes Berkshire over executive

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Links 21 April 2021

Global Macro / Markets / Investing: Wall Street banks brace for digital dollars as the next big disruptive force – CNBC A solution to the mystery of excess trade balances – VOX Covid-19 will leave deep scars in world economy even after recovery – Business Standard Americas: L.A. Set to Be Largest City to Offer

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Links 20 April 2021

Global Macro / Markets / Investing: Bulking up: Booms and busts in maritime transport costs and their drivers – VOX The new U.S. plan to rival China and end cornering of market in rare earth metals – CNBC A tale of hours worked for pay from home before and after the Great Recession: Learning from

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Links 19 April 2021

Global Macro / Markets / Investing: The new U.S. plan to rival China and end cornering of market in rare earth metals – CNBC The “Semiconductor” shortage crisis from start to finish – Economist Mark Cuban: As Supply And Demand Increases, Dogecoin “Will Find Its Level” – Global Trends Inflation Basics put into practice for

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Weekend Links: 17-18 April 2021

‘Cumberland Creek, near Apollo Bay’ 1863, Nicholas Chevalier, Art Gallery of South Australia   Macro & Markets The War Against Financial Crimes: a Global System that Needs Restructuring – Guardian Mag Pandemics make us more averse to inequality – VOX Oil hits one-month highs as IEA, OPEC raise forecasts – Reuters The impact of COVID-19

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Links 16 April 2021

Global Macro / Markets / Investing: Like it or not, you’re now invested in Bitcoin – New Statesman S&P futures cut losses after tame inflation report, Nasdaq futures rise – CNBC Bitcoin Hits Another High Of $64,000, Creator Satoshi Nakamoto Happens To Worth More Than China’s Richest Man – Global Trends The Total Market Value

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Links 15 April 2021

Global Macro / Markets / Investing: Use of Artificial Intelligence in Cryptocurrency Market – Tech Elevation How Debt and Climate Change Pose ‘Systemic Risk’ to World Economy – NY Times S&P futures cut losses after tame inflation report, Nasdaq futures rise – CNBC Americas: Poll: 15% of Americans worse off a year into pandemic –

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Links 14 April 2021

Global Macro / Markets / Investing: UN chief urges wealth tax of those who profited during COVID – ABC Simple Math Is About to Cause an Inflation Problem – Bloomberg A digital dollar would help the U.S. and its allies keep China in check – CNBC How Much Does Amazon, Apple Facebook And Tesla Make

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Links 13 April 2021

Global Macro / Markets / Investing: How likely will the US’s “Global Minimum Corporate Tax” plan affect tax havens like the Cayman Islands? Will it effectively kill their financial services economies? – Fast Company The Market Value Of Cryptocurrency Exceeds 2 Trillion U.S. Dollars – Global Trends Investors have put more money into stocks in

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Links 12 April 2021

Global Macro / Markets / Investing: The Market Value Of Cryptocurrency Exceeds 2 Trillion U.S. Dollars – Global Trends The zombie company problem and what it means for our economies – The Conversation Investors have put more money into stocks in the last 5 months than the previous 12 years combined – CNBC Partisan politics

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Weekend Links: 10-11 April, 2021

‘Stony Rises, Lake Corrangamite’ 1857, Eugene Von Guerard, Art Gallery of South Australia   Global Macro Prince Philip has died aged 99, Buckingham Palace announces – BBC A taxing question for multinationals leaves stocks unscathed – Reuters Global supply lines struggle to clear container backlog after Suez chaos – Reuters US sanctions Chinese computer makers

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Links 9 April 2021

Global Macro / Markets / Investing: IMF raises world economic growth forecast, says way out of crisis ‘increasingly visible’ – RT Janet Yellen says this week’s IMF and World Bank meetings will be a ‘Bretton Woods’ moment – Fortune Dollar to its lowest level in two weeks as US bond yields fall – Guardian Mag