Links 10 December 2019
by Unconventional EconomistGlobal Macro / Markets / Investing:
- Governments must learn to love borrowing again – FT
- Why this Boom Could Keep Going Well Beyond 2019 – Mises
- The Davos Manifesto: Towards a better kind of capitalism – WEForum
- Chart suggests a year-end market rally will emerge as soon as next week – CNBC
- Ford challenged Tesla to a tug-of-war between pickup trucks — Musk replied ‘bring it on’ – CNBC
- Yes, Stocks Are Soaring in the Trump Era – Bloomberg
Americas:
- US Economic Performance Under Trump is Unchanged From Under Obama – Citizen Truth
- Mexico’s Pemex announces discovery of ‘giant’ crude oil deposit – Reuters
- Amazon CEO Jeff Bezos: America ‘in big trouble’ if Big Tech abandons Pentagon – Yahoo
- Cramer: Like or hate Trump, ‘these are the best numbers of our lives’ on jobs – CNBC
Europe:
- France bans two US pesticides (owned by Dow-DuPont, now under the brand Corteva), citing risk to bees – Phys
- German industry slump sparks renewed economic growth fears – Reuters
- Conservative government giving NHS data to Amazon for free, documents reveal – Independent
- Boris Johnson says politicians who lie ‘should be made to go on their knees through House of Commons’ – Independent
- Ukrainians fear president will accept peace on Putin’s terms, as questions swirl over US support – CNN
- Macron ally, centrist leader Francois Bayrou charged over misuse of funds – France24
Asia:
- China exports fall for fourth consecutive month as Beijing demands tariff rollback as part of trade deal – CNBC
- Tariffs are no longer China’s biggest problem in the trade war – CNBC
- China slowdown vs. US strength may cause China to strike a deal: Nomura – CNBC
- China tells government offices to remove all foreign computer equipment – The Guardian
- Dutch woman who leaked China’s secret cables on muslim oppression is going public to stop China’s death threats – MSN
Beijing is moving to stamp out the Hong Kong protests – but it may have already lost the city for good – The Conversation
Trans-Tasman:
- Australian publics trust in the government is at an all time low – SBS
- ‘Smells like it’s time to go to work’: American firefighters arrive in Sydney – The SMH
- Aussie threatened birds declined by 59 per cent over the past 30 years – Australian Geographic
- Should Australia’s fossil fuel exports be counted in its share of global carbon emissions? – Fact Check – ABC
- Albanese says Australia should continue to export coal – The SMH
- Climate change concern helped Labor at 2019 election but Coalition won on economy – survey – The Guardian
- Australian breeder cattle sold to Indonesia as aid are ending up starving or dead – ABC
- Tax cuts fail to conjure up ‘strong economy’ but surplus circus rolls on – The Guardian
- Extinction of farm animals threatens food security and genetic diversity – ABC
- Sports betting and gambling need a royal commission, Tim Costello and Andrew Wilkie say – ABC
- Power prices forecast to slide in next three years, with increasing supplies of renewable energy a primary driver – ABC
- Housing confidence at a seven year high – Interest.co.nz
Unconventional Economist
Leith van Onselen is Chief Economist at the MB Fund and MB Super. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.
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