Links

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

122

Australia Day Links 26 January 2021

Global Macro / Markets / Investing: Top hedge funds earn $63.5 billion in 2020, highest in a decade – Reuters Big Oil hits brakes on search for new fossil fuels – Reuters Solar is now ‘cheapest electricity in history’, confirms IEA – Carbon Brief Employers will have no choice but to offer an option for

10

Links 25 January 2021

Global Macro / Markets / Investing: Two-thirds of people in advanced economies are poorer than their parents – Market Place Amazon’s union vote to be conducted in-person because mail-in voting deemed too susceptible to fraud. – Bloomberg Stakeholder Capitalism: How to create a kinder, caring economy – Sunday Guardian With Democrats in Control, Investors Are

204

Weekend Reading: 23-24 January 2021

Global Macro / Markets / Investing: Rise of the superstar firms: Taking oligopoly seriously in macroeconomics – VOX How much UBI spending should go to children? – UBI Centre Stocks Don’t Care About the Coup – The Atlantic Markets upbeat on Yellen’s push for large fiscal stimulus – Business Times Americas: 900,000 filed for jobless

17

Links 22 January 2021

Global Macro / Markets / Investing: Gold rises due to US stimulus expectations – Guardian Mag S&P 500 rises to all-time high ahead of Biden’s inauguration, Netflix leads Nasdaq to a record – CNBC Inflation Is Coming. That Might Even Be a Problem. – Bloomberg Risk of ‘lost generation’ amid global asset bubbles and debt

8

Links 21 January 2021

Global Macro / Markets / Investing: Stocks rise ahead of Yellen call for US to ‘act big’ on stimulus – Retro Post Can Paypal make inroads in China’s vast digital payments market? – CTGN The Urgent Case for Shrinking the Economy – New Republic Fighting climate crisis made harder by Covid-19 inequality, says WEF –

7

Links 20 January 2021

Global Macro / Markets / Investing: Wall Street has a new top cop. And Elizabeth Warren is a big fan of him – CNN Stock markets aren’t scared of the Democrats’ Washington sweep – LA Times Rio Tinto enters scandium market with plant in Quebec – Reuters Occupational Licensing and Its Negative Effects On The

31

Links 19 January 2021

Global Macro / Markets / Investing: The Surprising Data Behind Why CEOs With Less Experience Outperform Those With More – Forbes No one knows what anything is worth – Tech Crunch Stock markets aren’t scared of the Democrats’ Washington sweep – LA Times Woman details ‘internship from hell’ with Goldman Sachs – Daily Mail Cash

9

Links 18 January 2021

Global Macro / Markets / Investing: When Will Interest Rates Rise? Fed Chair Says ‘No Time Soon’ – NY Times No home, job, or kids, but with millions of dogs: the pet boom among millennial – Petlife Bank Of England Tells Banks to Brace For Sky-High Carbon Price – Bloomberg Universal basic income doesn’t impact

334

Weekend Links: 16-17 Jan, 2021

‘The Wave’ 1901, Julian Ashton, Art Gallery of NSW   Macro & Markets Investors resigned to Trump’s China ban, with Biden seen changing little – Reuters Global economy can shake off pandemic in 2021, policymakers say – Ninefax ‘This is not a game’: Global virus death toll hits 2 million – AP Revenge of the

39

Links 15 January 2021

Global Macro / Markets / Investing: Trump signs amended China investment ban, requiring complete divestment by Nov. 2021 – Reuters Climate change: US emissions in 2020 in biggest fall since WWII – BBC Moderna CEO says the world will have to live with Covid ‘forever’ – CNBC Bitcoin closes in on $40,000 as bulls flood

19

Links 14 January 2021

Global Macro / Markets / Investing: Oil prices rise to near 1-year highs as vaccines, stimulus and Saudi Arabian production cuts lift the energy outlook – Business Insider Benchmark LNG cargo prices soar 18-fold in less than nine months, outperforming other commodities – Bloomberg COVID herd immunity will not happen in 2021, says WHO –

15

Links 13 January 2021

Global Macro / Markets / Investing: Scientists Warn of an ‘Imminent’ Stratospheric Warming Event Around The North Pole – ScienceAlert Norway to increase carbon tax from $95/tonne to $240/tonne – Upstream The next big risk: Three Wall Street leaders reveal what worries them – Bloomberg Chinese start-up leaks 400GB of scraped data exposing over 200

99

Links 12 January 2021

Global Macro / Markets / Investing: U.S. Capitol siege a ‘wake-up call’ for democracies, top EU diplomat says – Reuters (beware the dangers of populism and nationalism) Boeing to pay $2.5 billion to settle U.S. criminal probe into 737 MAX crashes – Reuters Goldman Sachs, Morgan Stanley and JPMorgan will delist some Hong Kong-traded structured

10

Links 11 January 2021

Global Macro / Markets / Investing: The Polar Vortex collapse sequence has now begun, with current forecasts showing a likely increase in colder Winter weather dynamics over the United States and Europe as a response to these large-scale circulation changes. World population likely to shrink after mid-century, forecasting major shifts in global population and economic

364

Weekend Reading: 9-10 January 2021

Global Macro / Markets / Investing: World food price index rises for seventh month running in Dec -FAO – Reuters U.S. 10-Year Treasury Yield Hits 1% for First Time Since March Yields started climbing as early returns from the Georgia runoff elections showed better-than-expected results for the Democrats – WSJ Elon Musk is now the

22

Links 8 January 2021

Global Macro / Markets / Investing: Dow Rises 600 Points and Sets Record as Democrats Lead Georgia Elections – The Street Stocks fall, bond yield rise as investors brace for possible Democrat triumph in Georgia – Sun Daily World Economy Faces Debt Doom Loop, More Inequity Post Pandemic – Bloomberg Fed’s Mester says policy will

30

Links 7 January 2021

Global Macro / Markets / Investing: Oil breaks above $50 for the first time since February – CNBC The Inflation Doomsayers Are Wrong Again – Bloomberg The land of cheap mortgages just went to zero – Fortune Picking Stocks for 2021: Genomics, Electric Vehicles, Bitcoin – Bloomberg 2020 was the year (almost) none of us

10

Links 6 January 2021

Global Macro / Markets / Investing: Google workers announce plans to unionize – The Verge Bitcoin Reaches Record Price Just Days Into the New Year – Forex Review Aviation reinsurance rates rise by up to 250% – Reuters Peugeot, Fiat merger to be sealed by shareholders – Tech Xplore Moderna Ups Vaccine Production Target –