Wednesday, March 24, 2021

Thursday's News Links

[Yahoo/Bloomberg] Stocks Decline, Oil Drops Amid Suez Block: Markets Wrap

[Reuters] Stocks sluggish, dollar near four-month highs as risk appetite wanes

[Yahoo/Bloomberg] China Tech Giants Dive as Delisting Threat Joins Crackdown Fears

[Yahoo/Bloomberg] Oil Slumps Again With Volatility Rising Amid Suez Mishap

[AP] US jobless claims fall to 684,000, fewest since pandemic

[Reuters] Fed's Powell: Rates would move only after "all but full recovery" - NPR

[Yahoo Finance] Powell compares Fed actions to Dunkirk: 'Just get in the boats and go'

[Reuters] Analysis: Rollover risks loom for Turkey's banks

[Reuters] The real deal? The case for and against inflation

[Reuters] U.S. SEC begins rollout of law aimed at delisting Chinese firms

[Yahoo/Bloomberg] China Stocks’ 15% Rout Shows What Happens When Stimulus Ends

[Reuters] In 2020 the ultra-rich got richer. Now they're bracing for the backlash

[Bloomberg] ADB Sounds Alarm on U.S. Yield Jump as Asia Debt Rises

[AP] Stuck ship in Egypt’s Suez Canal imperils shipping worldwide

[Reuters] Suez Canal suspends traffic as ship stuck like 'beached whale'

[Reuters] U.S. says promoting chip cooperation with Taiwan is a priority

[WSJ] Powell Says Now Is Not the Time to Focus on Reducing Federal Debt

[WSJ] Hot U.S. Economy, Fresh Supply Disruptions Pressure World’s Factories

[FT] Chinese stocks turn from leader to laggard on tighter liquidity

Wednesday Evening Links

[Yahoo/Bloomberg] Stocks Slump, With Tech Leading Decline; Oil Jumps: Markets Wrap 

[Yahoo/Bloomberg] Oil Bounces Back as U.S. Supply Report Hints at Demand Revival

[Yahoo/Bloomberg] Yellen pushes back on GOP concerns over possible infusion into IMF reserves

[Yahoo/Bloomberg] BlackRock Is Focus of Yellen-Warren Clash on Tough Oversight

[Yahoo/Bloomberg] Suez Canal Remains Blocked as Dredgers, Tugs Fail to Budge Ship

[CNBC] Covid live updates: CDC says contagious variants are fueling new cases

[Yahoo/Bloomberg] Argentina Can’t Pay $45 Billion IMF Loan, Vice President Says

[Yahoo/Bloomberg] Private Equity Piles On Debt to Pull Cash From Health Firms

[CNN] Chinese threat to Taiwan 'closer to us than most think,' top US admiral says

[WSJ] Greensill Leaned On Wall Street Giants Before It Collapsed

[FT] Powell sees ‘orderly’ market adjustment to brighter US outlook

[FT] Erdogan calls on Turks to help shore up economy

[FT] Long Covid affects most hospital patients, two UK studies find 

Wednesday Afternoon Links

[Reuters] Financials lift S&P 500, Dow; Powell, Yellen on deck

[Reuters] Biden to unveil multitrillion-dollar infrastructure plan in Pittsburgh next week

[CNBC] Top U.S. diplomat warns China threatens NATO security, calls for joint approach to counter Beijing

[Reuters] U.S. factory activity picks up in March; cost pressures building - IHS Markit

[CNBC] GM forced to cut production of midsize pickups due to chip shortage

[CNBC] Covid live updates: CDC warns a ‘growing proportion’ of cases can be attributed to highly contagious variants

[Yahoo/Bloomberg] Retail Trader Army Is Signaling Retreat on Latest Stimulus Wave

[Yahoo/Bloomberg] Turkey’s Central Bank Chief May Have Little Time to Repair Trust