FT News Briefing Martin Wolf's summer reading list
Jul 9, 2021
The UK is stepping up efforts to combat misleading crypto marketing, as concerns about the global economy grow. Stock markets are feeling the pressure amidst rising inflation and slower recovery. Meanwhile, the chief economics commentator shares his top summer reading picks, spotlighting influential books on topics from economic growth to the intersection of religion and capitalism. The podcast also reflects on how the COVID-19 pandemic has shaped current economic discussions, including the implications for major events like the Tokyo Olympics.
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UK Cracks Down on Misleading Crypto Ads
- The UK's Advertising Standards Authority (ASA) is cracking down on misleading crypto ads.
- They will use tech and AI to scan for problematic ads online.
Global Equity Markets Fall
- Global equity markets fell, with the S&P 500 down almost 1% and the Stoxx Europe 600 down over 1.5%.
- This drop, along with choppy U.S. Treasury markets, has investors worried about the global economy.
Market Peak and Economic Recovery
- Katie Martin believes the economic recovery and market peak haven't happened yet.
- Several factors contribute to stock market fluctuations, including inflation, bond markets, and tech stock performance.
