Monday, January 25, 2021

Tuesday's News Links

[Yahoo/Bloomberg] U.S. Stocks Edge Higher; European Stocks Advance: Markets Wrap

[Reuters] U.S. Treasury yields fall, dollar firms on stimulus worries

[Yahoo/Bloomberg] China's benchmark overnight repo rate jumps to highest since Nov 2019

[CNBC] November home prices rose 9.5%, one of the highest gains on record, Case-Shiller says

[Yahoo/Bloomberg] Powell, With Year to Run at Fed, Aims to Avoid Past QE Mistake

[Yahoo/Bloomberg] Froth in Retail Options Now Dwarfs Level of August Boom and Bust

[Yahoo/Bloomberg] Dot-com Era Stock Valuations Bring Bubble Fears to ESG Funds

[Yahoo/Bloomberg] How a Penny Stock Explodes From Obscurity to 451% Gains Via Chat Forums

[CNBC] Covid live updates: Study shows Regeneron’s antibody cocktail prevents Covid infection

[Yahoo/Bloomberg] China’s Economy Picks Up in January, Building on 2020’s Recovery

[Yahoo/Bloomberg] China Asset-Bubble Warning Threatens Stock Frenzy in Hong Kong

[Reuters] Conte quits as Italy's PM in tactical bid to build new majority

[Yahoo/Bloomberg] ECB Steps Up Scrutiny of Bank Risk Before Potential Default Wave

[Reuters] Tokyo's apartment prices rise to near bubble-era high in 2020: data

[CNBC] Short sellers are down $91 billion in January as GameStop leads squeeze in stocks they bet against

[Reuters] China to conduct military drills in South China Sea amid tensions with U.S.

[Reuters] Taiwan air force flexes muscles after latest Chinese incursion

[Bloomberg] All the Reasons VIX Is Sounding Alarms as Greed Engulfs Markets

[Bloomberg] U.S. States Ease Covid Restrictions Even as Variants Take Hold

[Bloomberg] U.S. Falters in DNA Testing to Detect Dangerous Covid Mutations

[WSJ] U.S. Home-Price Growth Accelerated in November

[WSJ] Citadel, Point72 to Invest $2.75 Billion Into Melvin Capital Management

[FT] Chinese stocks fall as central bank adviser warns of asset bubble

[FT] Beijing turns the screws on China’s property sector

[FT] Companies raise $400bn over three weeks in blistering start to 2021

[FT] Wolfgang Schäuble issues warning on EU recovery fund

[FT] Retail investors rush to find the next stock market unicorn

[FT] Vaccines have been oversold as the pandemic exit strategy

Monday Evening Links

[CNBC] Stock futures down slightly ahead of busy day of corporate earnings

[Reuters] Asian stocks set for soft start, dollar mostly steady

[Reuters] Stimulus jitters dent Wall Street's early gains; Nasdaq hits record

[Reuters] Dollar firm as jittery markets look to Fed for catalysts

[Reuters] Biden says he is open to negotiating the proposed $1,400 COVID stimulus checks

[CNBC] Covid live updates: NY to ease some restrictions after post-holiday spike; California lifts stay-at-home

[CNBC] Minnesota confirms first known U.S. case of more contagious Covid variant originally found in Brazil

[CNN] Italian Prime Minister Giuseppe Conte will resign amid pandemic and political turmoil

[CNBC] Mania in stocks like GameStop, surging options activity suggest a market pullback is coming

[Reuters] GameStop shares soar on short squeeze, then ease in wild trade session

[CNBC] Covid live updates: NY to ease some restrictions after post-holiday spike; California lifts stay-at-home

[MSN/Bloomberg] U.S. Suffers Sharpest Rise in Poverty Rate in More Than 50 Years

[NYT] Senate Confirms Yellen as Treasury Secretary as Stimulus Talks Loom

[Bloomberg] Citadel, Point72 Back Melvin With $2.75 Billion After Losses

Monday Afternoon Links

[CNBC] S&P 500 rises slightly as investors await a busy week for earnings, Apple shares jump

[Reuters] Nasdaq hits record high on big hopes for big-tech earnings

[Reuters] Treasuries - U.S. yields tumble, curve flattens on nagging virus worries

[Bloomberg Law] Schumer Aims to Pass Fresh Covid-19 Relief Plan by Mid-March

[Yahoo Finance] Biden's COVID relief package faces opposition, less Republicans willing to 'stir the pot'

[Reuters] Risk of 'vaccine-busting' coronavirus variants prompts tougher UK quarantine - Johnson

[Yahoo/Bloomberg] GameStop Whipsawed by 150% Swing as Retail Traders, Shorts Feud

[Bloomberg] Yi Says PBOC Will Balance Stabilizing Growth and Curbing Risks

[Bloomberg] Italian Deficit May Reach 9.2% This Year as Covid Costs Pile Up