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Thursday, August 20, 2020

Friday's News Links

[Yahoo/Bloomberg] Stocks Lose Oomph; Bonds Gain With Dollar: Markets Wrap

[Reuters] Waning European recovery saps stocks momentum, knocks euro

[Reuters] Euro sinks as business rebound stutters in August

[Yahoo/Bloomberg] Oil Extends Decline With Demand Headwinds Mounting

[CNBC] July home sales spike a record 24.7% as prices set a new high

[Yahoo/Bloomberg] Corporate America Is Choking on Debt and Imperiling the Recovery

[CNBC] Struggling retailers rush to file for bankruptcy as fears of a second wave of coronavirus linger

[CNBC] Coronavirus live updates: Former FDA chief warns of a ‘third act’ of the virus that could be ‘more pervasive’

[CNBC] Report finds $50 billion of cryptocurrency moved out of China hinting at capital flight against Beijing rules

[Reuters] Amid heightened tensions, Taiwan tells China not to underestimate its resolve

[Bloomberg] Trump Threatens Tariffs for U.S. Companies That Won’t Move Jobs Back

[Bloomberg] The Blackout Trade: How a Power Market Went Dark in California

[Bloomberg] China Just Killed Its $491 Billion Private Loan Market

[Bloomberg] Record Ice Loss in Greenland Is a Threat to Coastal Cities Worldwide

[NYT] We Have Crossed the Line Debt Hawks Warned Us About for Decades

[WSJ] When the Stock Market and Economy Seem Disconnected

[WSJ] Global Economies Show Signs of Stuttering Recovery From Coronavirus Lockdowns

[WSJ] Student Loan Borrowers Would See a Big Chunk of Debt Disappear Under Biden Plan

[FT] Eurozone economic rebound is losing steam, surveys suggest

[FT] Robinhood upstarts who ambushed the financial establishment