Tuesday, August 17, 2021

Wednesday's News Links

[Yahoo/Bloomberg] U.S. Stocks Choppy Amid Caution Over Covid, Fed: Markets Wrap

[Reuters] Stocks, oil and forex steady as markets await U.S. Fed minutes

[Yahoo/Bloomberg] Oil Climbs After Four-Day Slump With U.S. Stockpiles in Focus

[Reuters] Fed minutes likely to detail bond-buying taper talks, inflation worries

[AP] Housing construction slumps 7% in July to 1.53 million units

[Reuters] Mortgage rates hit their highest level in a month, and weekly demand drops

[Yahoo/Bloomberg] China Port Congestion Worsens as Ningbo Shuts for a Week

[Yahoo/Bloomberg] Evergrande Drops Further After Hui Steps Down From Key Role

[Yahoo/Bloomberg] China Plans $7 Billion Huarong Recapitalization Led by Citic

[CNBC] China calls for curbs on ‘excessive’ income and for the wealthy to give back more to society

[Reuters] California wildfire crisis escalates amid extreme winds

[Reuters] Sydney warned worse to come as Delta cases surge

[Yahoo/Bloomberg] Cathie Wood’s Strategy Draws More Skeptics as Returns Dwindle

[AP] In Taliban’s 7-day march to power, a stunning string of wins

[Bloomberg] Soaring Cost of Food Is Forcing Families to Scrimp at the Dinner Table

[Bloomberg] U.S. Reaffirms Commitment to Taiwan After Leaving Afghanistan

[FT] Top Fed official warns massive bond purchases are ill-suited for US economy

[FT] Rating agencies caution on corporate debt after US borrowing frenzy

[FT] China’s Xi calls for wealth redistribution and clampdown on high incomes

[FT] Evergrande on course to hit record number of legal cases

[FT] Weather shocks in Brazil ripple across global commodities markets

Tuesday Evening Links

[Yahoo/Bloomberg] Asia Stocks Set to Track U.S. Drop on Virus Spread: Markets Wrap

[Yahoo/Bloomberg] Stocks Suffer Worst Drop in a Month; Dollar Climbs: Markets Wrap

[Reuters] Stocks and oil slide as Delta's spread muddies economic picture

[AP] Fed’s Powell: There’s no returning to pre-pandemic economy

[Reuters] Fed's Powell: Not certain Delta outbreak will dent recovery

[Reuters] Analysis: As investors look to Jackson Hole, options markets see 'a lot of nothing'

[Yahoo/Bloomberg] China Looks to Be Quietly Defusing a Hidden Government Debt Bomb

[Reuters] Fed's Kashkari: 'Reasonable' to taper late this year or early next

Tuesday Afternoon Links

[CNBC] Dow falls more than 400 points as Tuesday’s sell-off intensifies 

[Yahoo/Bloomberg] Stocks Near Session Lows; Dollar Pushes Higher: Markets Wrap

[Yahoo/Bloomberg] Oil Resumes Decline With Dollar Rally and Uneven Economic Data

[Reuters] Automobile shortages, spending shift to services hurt U.S. retail sales

[Yahoo/Bloomberg] Hedge Funds Blindsided by China Risk With Gensler Urging Caution