Monday, May 17, 2021

Tuesday's News Links

[Yahoo/Bloomberg] U.S. Stocks Rise as Dollar Retreats: Markets Wrap

[Reuters] Dollar slumps to multi-month lows as expectations of flat rates cement

[Yahoo/Bloomberg] Gold Breaks Out to Top Three-Month High as Inflation Fears Grow

[Reuters] Dollar falls on expectations U.S. rates will stay low for longer

[Yahoo/Bloomberg] Copper Rises With Industrial Metals as Supply Risks Buoy Rally

[CNBC] U.S. housing starts drop sharply in April

[Yahoo/WP] As cryptocurrency goes wild, fear grows about who might get hurt

[Reuters] Fund Managers Say ‘Long Bitcoin’ Is the Most Crowded Trade in the World

[Reuters] Analysis: Junk bonds: An unlikely haven for rate hike-wary investors

[Yahoo/Bloomberg] Huarong Bondholders May Face Significant Losses, NYT Reports

[Yahoo/Bloomberg] Global Banks Losing Share in China’s $186 Billion Loan Market

[AP] Explainer: How worrying is the variant first seen in India?

[Bloomberg] Authers: Inflation Psychology Is Being Jolted Back to Life

[Bloomberg] California Home Prices Shoot Past $800,000 for the First Time

[Bloomberg] Argentina Halts Beef Exports for 30 Days to Contain Prices

[NYT] China’s Biggest ‘Bad Bank’ Tests Beijing’s Resolve on Financial Reform

[NYT] Inflation Fears Abound as Gas and Lumber Shortages Bite. Should the Fed Worry?

[NYT] Censorship, Surveillance and Profits: A Hard Bargain for Apple in China

[WSJ] Investors Bet on Commercial Real Estate, Undeterred by Empty Offices and Hotel Rooms

[WSJ] China’s Economic Recovery Slowed in April

[WSJ] Credit Suisse Faces Banker Talent Drain After $5.5 Billion Archegos Hit

[FT] Lenders struggle to recoup losses after US corporate debt defaults

[FT] ‘I love this one!’: how social media cliques fuel trading in penny stocks

[FT] Hussman: The myths behind the current stock market bubble