Links

34

Links 2 March 2021

Global Macro / Markets / Investing: Bill Gates on bitcoin: If you have less money than Musk, watch out – Guardian Mag Content Moderation Costs Social Media Companies Billions – Quora A digital dollar would help the U.S. and its allies keep China in check – CNBC Musk loses about $ 14 billion in one

16

Links 1 March 2021

Global Macro / Markets / Investing: McKinsey suffers from collective self-delusion – The Economist Oil Update: The US, China and COVID-19 – Capital IOM 10 Ways Retirement Has Changed Over the Past Decade – Money Age Banding To Model The Decline In Retirement Spending – Kitces Chart o’ the Day: Who Owns The Stock Market?

357

Weekend Reading: 27-28 February 2021

Global Macro / Markets / Investing: The Four-Day Work Week Is The Future Of Work. Microsoft has just proven this if necessary. – Medium How Poverty Makes Workers Less Productive – NPR US stocks tumble on inflation worries, S&P 500 down 2.5% – Straits Times Goldman Sachs’ boss wants bankers back to their desks ASAP

6

Links 26 February 2021

Global Macro / Markets / Investing: Some investors face ‘colossal’ losses on U.S. Treasury bonds as yields surge – Market Watch Tesla’s Cheap $25,000 Car Could Cost Just $19,000 – Inside EVs Dow closes at record high as Powell signals Fed to remain accommodative – Business Insider Alibaba, once a fund darling, now dumped by

14

Links 25 February 2021

Global Macro / Markets / Investing: Tesla’s share price is now directly tied to the value of bitcoin, analyst says – CNBC Tesla’s Cheap $25,000 Car Could Cost Just $19,000 – Inside EVS Reddit Posts are driving Tesla shares more than fundamentals – CNBC The First Spot as ‘Richest Man On Earth’ is Reclaimed by

14

Links 24 February 2021

Global Macro / Markets / Investing: The Boredom Economy: The pandemic is terrible. It can also be tedious. And that tedium is shaping what people buy and how productive they are. – NY Times Explainer: U.S. Treasury’s cash drawdown – and why markets care – Reuters Warren Buffett Just Sold His Pfizer Stock. – Nasdaq

6

Links 23 February 2021

Global Macro / Markets / Investing: How Wall Street Became an Enemy of Free Markets – XX Report When Covid infection rates dip, inflation rates may well rise – The Guardian Elon Musk on Gold: “You Might as Well Have Crypto” – Decrypt This is the type of world we could stand to continue –

12

Links 22 February 2021

Global Macro / Markets / Investing: Elon Musk on Gold: “You Might as Well Have Crypto” – Decrypt Work Will Never Be the Same – NY Times Elon Musk Says Bitcoin and Ethereum Prices ‘Seem High’ – Bloomberg How Central Banks Are Already Fabricating Tomorrow’s Crises That Will Be Much Worse – Medium Bitcoin market

332

Weekend Reading: 20-21 February 2021

Global Macro / Markets / Investing: Global debt soars to 356% of GDP – Axios Robinhood CEO, Reddit Co-founder and Others Testify On GameStop Stock – Quora Elon Musk plans to launch his own Marscoin cryptocurrency – Guardian Mag Bitcoin mining consumes more electricity than Argentina – BBC Americas: Walmart to hike wages for 425,000

17

Links 19 February 2021

Global Macro / Markets / Investing: A mysterious entity bought 20 thousand bitcoin mining machines – Digest Times Every Financial Crisis, the Technocrats Rear Their Heads – Justin House Crypto wallet Blockchain.com raises US$120 million in latest funding round – Channel News Asia Apple stock breaks below post-COVID uptrend line after largest shareholders disclose share

20

Links 18 February 2021

Global Macro / Markets / Investing: Luxury Car Brand Jaguar To Go All-Electric By 2025 – The Techee Japanese Stock Market at its highest level in 30 years – Guardian Mag Nissan shot down Apple deal to avoid becoming Foxconn of cars – Ars Technica Buffett’s Berkshire reveals big stakes in Verizon, Chevron – Reuters

21

Links 17 February 2021

Global Macro / Markets / Investing: Eliminating Pesticides Increases Crops Yields, Debunking Myth of Pesticide Benefits – Beyond Pesticides Are You Intrigued by Elon Musk Tweets Before the Tesla Purchase of Bitcoin? The SEC Might Be – Medium The New York Stock Exchange president says the stock market is not a casino. Here’s what academic

8

Links 16 February 2021

Global Macro / Markets / Investing: Elon Musk’s Starlink filings show plans for phone service and low-income web access – Teslarati The environmental idiocy of Tesla’s bitcoin bet – Google Canada approves first Bitcoin ETF, raising hopes that the US SEC will soon follow – Guardian Mag How the rich got richer: Reddit trading frenzy

12

Links 15 February 2021

Global Macro / Markets / Investing: Canada approves first Bitcoin ETF, raising hopes that the US SEC will soon follow – Guardian Mag Clear crypto rules urgently needed as major companies embrace asset: SEC official – Reuters Microsoft and Google object to Nvidia’s $40bn Arm takeover – Telegraph New US, EU money-laundering laws take aim

287

Weekend Reading: 13-14 February 2021

‘The camp, Sirius Cove’ 1899, Tom Roberts, Art Gallery of NSW   Global Macro / Markets / Investing: ‘Explosion of risk’: Yellen will fight misuse of cryptocurrencies – Aljazeera History Tells Us to Worry About Inflation – Bloomberg Will COVID accelerate productivity growth? – Bruegel ‘Vaccine nationalism’ could see world economy lose trillions, OECD warns

8

Links 12 February 2021

Global Macro / Markets / Investing: There’s Actually No Good Reason for Us All to Go Back to the Office – Medium TikTok Sale to Walmart, Oracle Shelved Amid Biden Review: WSJ – Bloomberg Stocks rise as US and China inflation data comes into focus – Yahoo Human demands on nature far exceed its capacity

12

Links 11 February 2021

Global Macro / Markets / Investing: Ads, GameStop raise Reddit price tag to $6 billion in latest fundraising – Reuters Janet Yellen Is Retiring the Strong U.S. Dollar Policy. – Barrons When Piggly Wiggly Tried to Stick It to Wall Street – Slate Is a dollar crash coming? – Bruegel Fed to weave ‘inescapable’ climate

18

Links 10 February 2021

Global Macro / Markets / Investing: Tesla Purchases $1.5B In Bitcoin – Decrypt McKinsey allegedly fed the opioid crisis. Now an affiliate may profit from treating addicts. – NBC Asia-Pacific stocks mostly rise; China announces new anti-monopoly rules aimed at tech giants – CNBC To reverse inequality, we need to expose the myth of the

10

Links 9 February 2021

Global Macro / Markets / Investing: Why Low Interest Rates Will Not Help Recover the Economy – Global Policy Journal Stimulus falls short on preventing long-term economic damage: El-Erian – Yahoo The high economic costs of disrupted school – Axios Americas: Yellen: Biden stimulus plan ‘up to the job’ of addressing pandemic challenges – Politico

8

Links 8 February 2021

Global Macro / Markets / Investing: FRBNY Staff Report: Monetary Policy and Racial Inequality – New York Fed The Burger Flipper Who Became a World Expert on the Minimum Wage – Bloomberg Economists may not agree about the merits of a fixed money supply. But at least now there’s a price tag for switching. –

290

Weekend Reading: 6-7 February 2021

Global Macro / Markets / Investing: Cannabis stocks rally anew as $7 billion GW Pharma deal spurs interest in weed and its medical benefits – MarketWatch Dogecoin surges after a one-word Elon Musk tweet – MarketWatch Amazon intensifies ‘severe’ effort to discourage first-ever US warehouse union – The Guardian How To Print Money Without Causing

13

Links 5 February 2021

Global Macro / Markets / Investments: Debt Is No Reason to Fear Trillions in Green Spending – Bloomberg The next dollar problem had just arrived – Gold Money Bitcoin fund bubbles with 10x premium over actual asset value – Market Watch Investors have never been so hungry to lose money – Sentiment Trader This Was

9

Links 4 February 2021

Global Macro / Markets / Investing: Confessions of a Hedgie: ‘I Agree With Reddit’ – NY Mag ‘Anonymous’ fintech startup Millions raises $3 million, gives away cash on Twitter – Tech Crunch Amazon To Pay $62M Fine For Withholding Driver Tips – The Techee The Climate Billionaires: Elon Musk on Top, the Rest Are Made

11

Links 3 February 2021

Global Macro / Markets / Investing: GameStop: Robinhood CEO ‘to testify before Congress on trades’ – Daily Mail A college student made big bucks off GameStop stock. Now he’s using it to donate video games to a children’s hospital – CNN All Over the World, Small Investors Jump Into the GameStop Frenzy – Coin Desk

11

Links 2 February 2021

Global Macro / Markets / Investing: Sen. Elizabeth Warren on Wall Street: ‘It’s a rigged game’ – Washington Times GameStop Frenzy Puts Spotlight on Trading Giant Citadel Securities – WSJ Robinhood’s Customers Are Hedge Funds Like Citadel. Its Users Are the Product. – Vice The Misfits Shaking Wall Street. They are young, they are fearless

3

Links 1 February 2021

Global Macro / Markets / Investing: Inside the Reddit army that’s crushing Wall Street – CNN Meet Keith Gill, the man who drove the GameStop Reddit mania and made millions – NY Daily Robinhood Scandal Leaves Traders Seeking Alternative Options – Zero News of the World Definition of foreign investment and types – Economic Arab

327

Weekend Reading 30-31 January 2021

Global Macro / Markets / Investing: GameStop Is Proof That ‘The Market’ Is Just a Bookie Joint With Aspirations – Esquire Reddit co-founder calls GameStop frenzy a ‘bottom-up revolution,’ shifting power to small investors – CNBC Robinhood customer sues trading app over GameStop restrictions – CNBC Financial sector aghast the poors are gaming system designed

15

Links 29 January 2021

Global Macro / Markets / Investing: Amazon seeks to block workers from voting by mail in landmark union drive – The Guardian Financial sector aghast the poors are gaming system designed to be gamed by the rich – The Beaverton Apple overtakes Amazon to become world’s most valuable brand, while Tesla is the fastest-growing –

15

Links 28 January 2021

Global Macro / Markets / Investing: Halting corporate political contributions isn’t enough to protect democracy – Fortune Iran, pressured by blackouts and pollution, targets Bitcoin – AP News BlackRock tells CEOs to prepare for a zero-emissions economy – CBS News The truth is out: money is just an IOU, and the banks are rolling in

29

Links 27 January 2021

Global Macro / Markets / Investing: UN: Covid jobs crisis ‘most severe’ since the 1930s – BBC BlackBerry says unaware of reason for stock price surge – Reuters Google workers across the globe announce international union alliance to hold Alphabet accountable – The Verge US Stock Market: Signs Of Bubbles – Christophe Barraud Netflix still