Thursday, April 29, 2021

Friday's News Links

[Yahoo/Bloomberg] U.S. Stocks Drop Amid Pause for Growth-Led Rally: Markets Wrap

[Yahoo/Bloomberg] Oil Slumps With Recent Demand-Led Rally Taking a Breather

[Reuters] U.S. labor costs accelerate in the first quarter

[Reuters] U.S. consumer spending, income rebound in March

[Yahoo/Bloomberg] China’s Factory Outlook Eases as Economic Recovery Moderates

[Reuters] China's factory activity growth slows on supply bottlenecks, soft demand

[Yahoo/Bloomberg] China Reins In Tech Giants’ Finance Arms After Hobbling Ant

[Yahoo/Bloomberg] Copper’s Surge Toward a Record High Is Hitting Chinese Industry

[Yahoo/Bloomberg] China Accuses Australia of Economic Coercion as Ties Deteriorate

[AP] Virus surge, vaccine shortages spread beyond India’s borders

[Bloomberg] U.S. Personal Incomes Soar by Most on Record on Fiscal Stimulus

[Bloomberg] Junk Bonds Are Being Priced for Nirvana

[Bloomberg] Euro-Area Economy Slips Into Double-Dip Recession: GDP Update

[Bloomberg] China Politburo Reiterates No Sharp Turn in Macro Policies

[Bloomberg] China Policy Banks Postpone Earnings, Echoing Last Year’s Delay

[WSJ] U.S. Household Income Surged by Record 21.1% in March

[WSJ] China Orders Tech Giants to Unbundle Financial Services

[FT] Biden’s 100 days: hawkish approach to China stokes Beijing frictions

Thursday Afternoon Links

[Yahoo/Bloomberg] U.S. Stocks Fluctuate as Investors Parse Earnings: Markets Wrap 

[Yahoo/Bloomberg] Oil Climbs to Six-Week High With Demand Optimism Spurring Rally

[Yahoo/Bloomberg] U.S. Pending Home Sales Rose Less Than Forecast on Tight Supply

[Reuters] The four-decade decline in global corporate tax rates

[NYT] Tesla’s Latest Solar Stumble: Big Price Increases

[WSJ] Biden’s Economic Plan Would Redistribute Trillions and Expand Government

[WSJ] Is the U.S. Student Loan Program Facing a $500 Billion Hole? One Banker Thinks So.

[WSJ] China Warns Large Tech Firms as Industry Faces Rising Oversight

[WSJ] Global Chip Shortage Set to Worsen for Car Makers

[FT] Tett: Margin debt and leverage are flashing red, again

[FT] Fed struggles to contain bond rout as investors bank on recovery