Links

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Links 16 March 2021

Global Macro / Markets / Investing: Meet the “New Koch Brothers” – the Hedge Fund Activists Wrecking America’s Green New Deal – Ineteconomics What used cars tell us about the risk of too much inflation hitting the economy – Washington Post Fed to Hike Rates in 2023 but Dots Won’t Show It, Economists Say –

6

Links 15 March 2021

Global Macro / Markets / Investing: Netflix is Testing a Crackdown on Password Sharing with Friends – Tech Elevation Is a Tax on ‘Ultra-Millionaires’ the Answer to Massive Inequality? – The Nation Beyond stimulus: Gen Z’s dream of high-speed rail and Green New Deal infrastructure – VOX Dysfunctional Financial Markets Are Making Inequality Worse All

290

Weekend Reading: 13-14 March 2021

Global Macro / Markets / Investing: Warren Buffett becomes 6th member of $100 bn club; joins Musk, Gates, Bezos – Hosanna Economic benefits of protecting nature now outweigh those of exploiting it. – Cam Dollar’s Purchasing Power Dwindles to Another Record Low. Fed is Getting its Wishes – Wolf Street World stock markets hit two-week

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Links 12 March 2021

Global Macro / Markets / Investing: Amazon warehouse workers deserve a union. Period. – MSNBC Amazon’s third-party drivers owed millions in wage theft probe – Mercury News Dow rises 250 points after tame inflation data, Nasdaq jumps another 1% – CNBC Cash Is Turning Out to Be the Most Effective Welfare – Bloomberg The Richest

14

Links 11 March 2021

Global Macro / Markets / Investing: Trader Buys $36 Million of Copper and Gets Painted Rocks Instead – Bloomberg Land could be worth more left to nature than when farmed, study finds – The Guardian The True Costs of Working From Home – Bloomberg Dollar falls back from three-and-a-half month highs as yields stabilise –

15

Links 10 March 2021

Global Macro / Markets / Investing: It’s official: Nasdaq in a correction, with 10% fall from Feb record close – Reuters 10-year Treasury yield rises to 1.6% after Senate passes stimulus package – CNBC Dollar at 3-1/2-month high on firmer yields, U.S. growth – Reuters It’s Too Late for Big Oil’s Pivot to a Carbon

24

Links 9 March 2021

Global Macro / Markets / Investing: ‘I’ve Never Seen Anything Like This’: Chaos Strikes Global Shipping – NY Times Elon Musk lost $27 billion last week – CNN How to make a social safety-net for the post-covid world – Economist Mortgage Rate Trends: Will mortgage rates go up in 2021? – Time Up The Characteristics

22

Links 8 March 2021

Global Macro / Markets / Investing: Distinguishing post-communist privatizations from the Big Bang – Glineq Why Study Economics? – Digest Information Debunking the ‘Productivity-Pay Gap’ – Capital as Power Why Stakeholder Capitalism Will Fail – Forbes Fed Chairman Powell says economic reopening could cause inflation to pick up temporarily – CNBC Economists see first signs

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Weekend Reading 6-7 March 2021

Global Macro / Markets / Investing: The ‘Elon Musk Effect’ Takes Aim at Crypto Markets – Investing Global oil companies have committed to ‘net zero’ emissions. It’s a sham. – The Guardian Dollar Is Increasingly Overvalued as Deficit Widens, IIF Says – Bloomberg Fed lures banks to buy unwanted US Treasuries – Asia Times Market

23

Links 5 March 2021

Global Macro / Markets / Investing: Treasuries on the move, U.S. 10-year yield back at 1.47% – CNBC A $21 Trillion Treasuries Mystery Is Bedeviling Global Markets – Bloomberg Bitcoin rises 5% to $50,942.58 – Reuters The pandemic has worsened Africa’s debt crisis. China and other countries are stepping in. – Washington Post Even With

23

Links 4 March 2021

Global Macro / Markets / Investing: Jeff Bezos would pay over $ 5 Billion a year under Warren Wealth Tax Plan. – CNBC Startups Lose Innovative Edge Under Corporate Funding. When an established tech company invests in a startup, innovation suffers – Medium American Homeowners Are Adding Fuel to Bond Market Sell-Off – Bloomberg Experts

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Links 3 March 2021

Global Macro / Markets / Investing: Charging patients just $10 more for medications leads to more deaths – VOX What To Do on the Stock Market in 2021? Warren Buffett Advises You To Bet on America. His confidence in America is unshakeable. – Medium Is Inflation a Risk? Not Now, but Some See Danger Ahead

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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?

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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

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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