Links

467

Sunday Links: 1 March 2020

A Woolshed, Victoria, 1889, John Mather, Art Gallery of NSW   Macro & Markets Coronavirus contagion spawns climate of panic on share markets – ABC, Verrender Central banks may mount a coronavirus rescue. It may not be enough – Reuters From the Fed to Bank of England, central banks must up their game – Guardian

666

Weekend Reading: 29 February to 1 March 2020

Global Macro / Markets / Investing: Dow set to drop 450 points as worst week since the financial crisis continues – CNBC Coronavirus ‘could trigger damage on scale of 2008 financial crisis’ – The Guardian Oil prices fall for fifth day to lowest level in a year – RTE PayPal warns coronavirus will have a

50

Links 28 February 2020

Global Macro / Markets / Investing: Coronavirus wipes out $1.7 trillion in US stock market value in two days – CNBC As coronavirus crisis deepens, airlines slash costs – Reuters Coronavirus Fears Are Causing Mortgage Rates to Fall to an 8-Year Low – Yahoo Global stocks outlook still positive, but vulnerable to coronavirus – Yahoo

5

Links 27 February 2020

Global Macro / Markets / Investing: Travel giant Expedia to cut 3,000 jobs: report – Tech Xplore How Fast Can a Virus Destroy a Supply Chain? – Bloomberg Amazon is expanding its cashierless Go model into a full-blown grocery store – The Verge The Coronavirus Is Now Infecting The Economy, Stock And Job Markets –

23

Links 26 February 2020

Global Macro / Markets / Investing: The Coronavirus Is Now Infecting The Economy, Stock And Job Markets – Forbes Pandemic Fears Grip Wall Street – Stock Market News Japan stocks plunge 3% as virus fears grow; Malaysia markets edge higher despite political turmoil – CNBC Dow Jones Futures Lose 800 Points, Warning of 25% Crash

54

Links 25 February 2020

Global Macro / Markets / Investing: Some of the world’s biggest economies are on the brink of recession – CNN Financial Markets – Top 5 Things to Watch This Week – Stock Market News Coronavirus shock weighs on global bond yields – Nikkei The Virus Is Interrupting Supply Chains From Watches to Lobsters – Bloomberg

41

Links 24 February 2020

Global Macro / Markets / Investing: 30-Year Treasury Yield Drops To All-Time Low Of 1.89% – Stock Market News Wall Street slides as data shows early business impact of coronavirus – Reuters Fed’s Brainard Calls for New Strategy to Boost Inflation – Bloomberg Wall Street opens lower while Coronavirus spreads beyond China – Nation Overload

262

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 –

485

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

25

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

21

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

64

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

35

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

49

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

178

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

419

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:

44

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

29

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

17

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

31

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 –

24

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

718

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

35

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

28

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

52

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

31

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

13

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

719

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

32

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

92

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