Monday's News Links

[Yahoo/Bloomberg] Tech Leads U.S. Stock Gains; Treasury Yields Dip: Markets Wrap

[Reuters] Turkish lira plunges to near record low after Erdogan sacks central bank chief

[Yahoo/Bloomberg] Turkish Stock Drop Triggers Circuit Breakers as Banks Tumble

[Reuters] Stocks and forex ride out Turkey shock

[Reuters] Oil steadies on demand recovery hopes despite European lockdowns

[Yahoo/Bloomberg] Existing US home sales fell in February, while prices rose

[Reuters] Analysis: Fed hopes for inflation psych-out, stable expectations, as prices rise

[Yahoo/Bloomberg] China’s Crusade Against Risk Is Tormenting Financial Markets

[Reuters] BOJ Gov Kuroda says no plan to stop buying ETFs or sell them

[Reuters] Richmond Fed's Barkin: U.S. may be 'on the brink' of complete recovery

[Yahoo/Bloomberg] Hedge Funds Capitulate on Dollar Short Bets as Losses Mount

[Reuters] Australia to evacuate thousands as Sydney faces worst floods in 60 years

[Bloomberg] Authers: The Bond Market’s Weird and Scary Breakdown Is Still a Riddle

[WSJ] Bond Rout Hits Safest Company Debt

[FT] Investors inject almost $170bn into global stocks in 4 weeks

[FT] Risky oil companies snap up $20bn in junk bond record

"The Supply Side Podcast" with Jonathan Doyle

I’m not much for self-promotion, but I would like to support Jonathan Doyle’s “The Supply Side” podcast.  Jonathan interviewed me this week.  Click here.

Sunday Evening Links

[Yahoo/Bloomberg] Turkey’s Lira Plunges as Traders Absorb Central Bank Upheaval

[Reuters] Turkish lira plunges after Erdogan sacks hawkish cenbank chief

[CNBC] Stock futures slip as Wall Street looks to rebound from losing week 

[Yahoo/Bloomberg] Summers Sees ‘Least Responsible’ Fiscal Policy in 40 Years

[Yahoo/Bloomberg] China Picks New Central Bank Policy Makers as It Focuses on Risk

[AP] AP sources: Iran threatens US Army post and top general

[Bloomberg] Emerging Markets Caught in Flux as Central Banks Walk Tightrope

[NYT] Recast as ‘Stimmies,’ Federal Relief Checks Drive a Stock Buying Spree

[WSJ] New Realtors Pile Into Hot Housing Market. Most Find It Tough Going

[FT] Erdogan reverts to type with bank governor’s sacking

Sunday's News Links

[Yahoo/Bloomberg] Mideast Equities Drop Tracking Slump in Oil Prices: Inside EM

[AP] Supply bottlenecks leave ships stranded, businesses stymied

[CNBC] Covid cases are rising in 21 states as health officials warn against reopening too quickly

[Reuters] Turkey's new central bank chief to meet bankers as lira teeters

[Yahoo/Bloomberg] Turkey Central Bank Chief Pledges Permanent Price Stability

[Reuters] China c.bank head says need to balance growth support, risk prevention

[Reuters] Heavy rains in Australia's east bring worst floods in 50 years

[Reuters] Philippines says 220 Chinese boats have encroached in South China Sea

[Bloomberg] Ghost of Horrific Treasury Auction Haunts Bond Market on Brink

[WSJ] A Fed With No Fear of Inflation Should Scare Investors

[WSJ] The New Stock Influencers Have Huge—and Devoted—Followings