Credit Bubble Bulletin

- Chronicling History's Greatest Financial Bubble

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Tuesday, May 5, 2020

Tuesday Afternoon Links

[CNBC] Stocks extend rally, with the Dow up 400 points on hopes of economy reopening

[Reuters] Oil prices surge on demand hopes as lockdowns ease

[Reuters] Dollar gains after U.S. data; euro falls

[CNBC] US services sector posts biggest contraction since 2009 as coronavirus halts economic activity

[CNBC] Consumer debt hits new record of $14.3 trillion

[CNBC] Coronavirus live updates: Grocery prices are rising, while many Wendy’s restaurants run out of beef

[Yahoo/Bloomberg] Billionaire Sam Zell Sees Economy Permanently Scarred by Pandemic

[Reuters] Brazil's Bolsonaro confirms his top cop appointee replaced Rio police chief

[WSJ] New York Fed Paper Finds Pandemic a Century Ago Fueled Nazi Rise

[FT] German court calls on ECB to justify bond-buying programme
at 5/05/2020 09:08:00 AM
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