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Sunday, January 31, 2021

Monday's News Links

[Yahoo/Bloomberg] Global Stocks Rally; Silver Jumps to 2013 High: Markets Wrap

[Reuters] Stocks bouce back as small-time traders pile into silver

[CNBC] Silver jumps 11%, the most in 11 years as Reddit traders try their squeeze play with the metal

[Yahoo/Bloomberg] AMC Leads Gains in Reddit Darlings as Focus Shifts to Silver

[Yahoo/Bloomberg] Silver Coin Sites Grind to a Halt as Buying Frenzy Takes Hold

[Reuters] U.S. manufacturing sector slows; prices paid by factories highest since 2011 - ISM

[Reuters] U.S. construction spending hits record high in December

[AP] Biden to meet with GOP lawmakers to discuss virus relief

[CNBC] Covid live updates: Covid fallout has affected women more than men, says advocacy group

[CNBC] Three reasons why a ‘perfect storm’ of speculative investors is hitting the market

[Reuters] Hedge fund body alarmed by retail investor frenzy 'distortions'

[Reuters] Blinken criticizes Russia, weighs possible sanctions North Korea: NBC News

[Reuters] China's January factory activity expands at slowest pace in 7 months: Caixin PMI

[Reuters] Buying into 'poor man's gold', Chinese investors jump on silver

[Reuters] Asian factories show mixed performance as pandemic's pain lingers

[Reuters] Brazil manufacturing PMI falls in Jan to lowest since June -IHS Markit

[Yahoo/Bloomberg] India to Borrow Big for Nearly Half-Trillion Dollar Budget

[AP] Explainer: Why is the military taking control in Myanmar?

[Reuters] Myanmar military seizes power, detains elected leader Aung San Suu Kyi

[Reuters] Australia home loans surge in Dec, prices hit record highs

[Yahoo/Bloomberg] India’s Bad Loan Problem Is Worse Than Official Numbers Show

[Bloomberg] China Solar Unit Defaults on $500 Million Amid 700% Rally

[NYT] How the Stock Market’s Relentless Rise Saved Companies

[WSJ] Robinhood Needed $3 Billion to Shore Up Volatile Trading in GameStop, Other Stocks

[WSJ] At Least One Central Bank Is Worried About Speculation: China’s

[FT] GameStop is just latest sorry case of misallocated capital

[FT] Borrowing costs for risky companies push towards historic lows