Monday, September 6, 2021

Tuesday's News Links

[Yahoo/Bloomberg] Stocks Muted After Asian Rally: Markets Wrap

[Reuters] Firmer U.S. yields pushes dollar higher for second day

[Reuters] U.S. Congress stuck between a rock and a hard place on raising debt limit

[NBC] 'A train wreck': Congress faces a daunting September as deadlines pile up

[CNN] US reaches 40 million recorded Covid-19 cases -- with 4 million counted in the last 4 weeks

[Reuters] Five challenges the Fed chief may face in the next four years

[Yahoo/Bloomberg] Evergrande Rout Worsens With Moody’s Cut, Goldman Sell Call

[Reuters] China's Aug export growth unexpectedly picks up speed, imports solidly up

[Yahoo/Bloomberg] Unrelenting Supply Squeeze Darkens Germany’s Economic Outlook

[Yahoo/Bloomberg] BOJ Needs Realistic Price Goal to Avoid Endless Stimulus, Ex-Deputy Governor Says

[Yahoo/Bloomberg] Guinea Coup Poses Supply-Chain Risks for China’s Aluminum

[Yahoo/Bloomberg] George Soros Calls BlackRock’s China Investment ‘Tragic Mistake’

[Bloomberg] U.S. Annual Home Prices Gain a Record 18% in July

[Bloomberg] Global Bond Markets Come Under Pressure Amid Deluge of Supply

[Bloomberg] Goldman Cuts U.S. Growth Forecast as Consumer Sees ‘Harder Path

[Bloomberg] China State Media Calls for Regulation Over Quantitative Trading

[NYT] Warning of Income Gap, Xi Tells China’s Tycoons to Share Wealth

[WSJ] Deals Spree Puts Banks on Track for Busiest Ever Year

[WSJ] Wall Street Can’t Get Enough Fixer-Upper Houses

[WSJ] A Generation of American Men Give Up on College: ‘I Just Feel Lost’

[WSJ] What if China’s Property Crackdown Goes Overboard Too?

[WSJ] Japan Prime Minister Contender Takes Harder Line on Missile-Strike Ability

[FT] Evergrande’s troubles shake China’s property bond market

[FT] China and Big Tech: Xi’s blueprint for a digital dictatorship

[FT] Consumer demand must ease to end supply chain crisis, says Maersk executive

Monday Evening Links

[Yahoo/Bloomberg] Stocks Set to Extend Rally in Asia; Dollar Firmer: Markets Wrap 

[CNBC] Major auto makers fear the global chip shortage could persist for some time

[AP] Labor shortage leaves union workers feeling more emboldened

[Reuters] Over 80% of oil output in Gulf of Mexico still offline a week after Ida

[Reuters] Flash floods threaten U.S. Southern states deluged by Hurricane Ida

[Reuters] Brazil braces for pro-Bolsonaro rallies on Tuesday

[Bloomberg] Xi Jinping May Be Leading China Into a Trap