Tuesday, June 8, 2021

Wednesday's News Links

[Yahoo/Bloomberg] Dollar Stalls, Yields Ease as Stocks Trade Mixed: Markets Wrap

[Reuters] Bond yields hit fresh 1-month low as taper bets recede

[Yahoo/Bloomberg] Newest Meme Stocks Extend Gains With No Sign of Craze Fading

[Reuters] U.S. mortgage applications decline with a drop in refinancing -MBA

[Reuters] U.S. Senate passes sweeping bill to address China tech threat

[Yahoo/Bloomberg] China Factory Inflation Soars to 2008 High on Commodity Boom

[Reuters] China's highest producer inflation in over 12 years highlights global price pressures

[Yahoo/Bloomberg] Huarong, Evergrande Bond Slump Tests Too-Big-to-Fail Assumptions

[Yahoo/Bloomberg] Bond Traders Settle In for Calm Summer, Whatever Inflation Does

[CNBC] Chipotle hikes prices to cover the cost of raising wages

[CNBC] ‘Confusion and disorientation’ driving ‘crazy’ moves in the market, Mark Mobius says

[Reuters] Explainer: China’s Mojiang mine and its role in the origins of COVID-19

[Yahoo/Bloomberg] Beijing’s Pressure Drives Alliance Push by Australia at G-7

[Bloomberg] Surprise Jump in U.S. Wages Gives Inflation Debate a New Twist

[Bloomberg] Workers Are Quitting Hotel and Restaurant Jobs at the Highest Rate on Record

[Bloomberg] China Considers Imposing Price Controls on Surging Coal Market

[NYT] Wealthiest Executives Paid Little to Nothing in Federal Income Taxes, Report Says

[NYT] China Is Trying to Tame Inflation. It Matters to Much of the Globe.

[WSJ] For the Economy, Quitting Never Felt So Good

[WSJ] Banks to Companies: No More Deposits, Please

[WSJ] China’s Surging Manufacturing Prices Put Pressure on Beijing

[WSJ] AMC, Other Meme Stocks Turn Options Market Upside Down

[WSJ] Bitcoin, Ether, Dogecoin Prices Slump as Selloff Picks Up

[FT] EU prepares for take-off with €800bn bond issuance scheme

[FT] ETF securities lending almost doubles in four years

[FT] Investors snap up haven assets as US-China tensions intensify

Tuesday Evening Links

[Yahoo/Bloomberg] Stocks Close Near Record With CPI, Fed in Focus: Markets Wrap

[Reuters] S&P 500 closes little changed as "meme stocks" extend rally

[Yahoo/Bloomberg] Oil Closes Above $70 a Barrel for First Time in Over Two Years

[Reuters] Biden shifts infrastructure approach after talks hit 'brick wall'

[Reuters] Biden supply chain 'strike force' to target China on trade

[Yahoo/Bloomberg] Former Fed Vice Chair Donald Kohn Worries Inflation Risks Are Rising

[Yahoo/Bloomberg] Clover Health Roars to Record as Short Sellers Get Burned

[Reuters] No inflation fears here: ARK's Wood says portfolio should triple in five years

[Reuters] Peru’s Castillo builds election lead but Fujimori says won’t concede yet

[Bloomberg] China’s $862 Billion of Dollar Bonds Face Key Restructuring Test

[Bloomberg] Biden’s Asia Czar Says China’s to Blame for Its Diplomatic Woes

Tuesday Afternoon Links

[Yahoo/Bloomberg] U.S. Stocks Fluctuate; Yields at Lowest in Month: Markets Wrap

[Reuters] Wall Street muted, Clover Health leads "meme" rally

[Reuters] U.S. job openings jump to fresh record high in April

[Reuters] Republican infrastructure negotiator sees no quick deal with Biden