Tuesday, July 21, 2020

Tactical Short Q2 Conference Call This Afternoon

Please join Doug Noland and David McAlvany Thursday, July 23rd, at 4:00PM Eastern/ 2:00pm Mountain time for the Tactical Short Q2 recap conference call, “Confirmation of the Global Bubble Thesis.” Click here to register.

Wednesday's News Links

[Reuters] Stocks retreat as Sino-U.S. relations sour

[Reuters] Gold hits highest since 2011 on stimulus bets, silver at near 7-year peak

[Reuters] Currency markets resume risk-on rally, shrugging off U.S.-China consulate spat

[Reuters] U.S. orders China to shut Houston consulate in move China calls 'unprecedented escalation'

[Reuters] U.S. existing home sales post record increase in June

[Reuters] China central bank to pause easing as economy recovers, wary of over-stimulus: sources

[CNBC] Coronavirus live updates: United requires masks in the airport; WHO cites accelerating spread in Africa

[Reuters] U.S. records over 1,000 coronavirus deaths in a single day for first time since early June

[AP] Silent spread of virus keeps scientists grasping for clues

[Reuters] Global coronavirus cases exceed 15 million: Reuters tally

[CNBC] Analysts warn of ‘double edged sword’ in China market rally as investors indulge in frenzied, risky trading

[Bloomberg] China-U.S. Dispute Over Consulate Puts Market Watchers on Edge

[Bloomberg] Silver Rockets Higher, Gold Near Record in Flight to Havens

[WSJ] Fed Deliberates How and When to Roll Out More Economic Support

[WSJ] Why China’s Growth Sometimes Doesn’t Add Up

Tuesday Evening Links

[Reuters] S&P 500 closes slightly higher as stimulus hopes lift cyclical stocks

[Reuters] Gold surges 1.5% as dollar stumbles; silver gathers pace

[Reuters] Democrats want more money, more detail after meeting Trump team on coronavirus relief

[CNBC] Coronavirus live updates: Employment recovery falters in virus-ridden states; White House briefing ahead

[Reuters] Tension, infighting roil Trump White House as coronavirus strategy sputters

[Reuters] U.S. accuses Chinese nationals of hacking spree for COVID-19 data, defense secrets

[WSJ] Trump Fed Nominees Shelton, Waller Confirmed by Senate Committee

[WSJ] How Angela Merkel’s Change of Heart Drove Historic EU Rescue Plan

Tuesday Afternoon Links

[Reuters] S&P 500, Dow rise after positive earnings, stimulus bets

[Yahoo/Bloomberg] Gold, Silver Are Surging to Multi-Year Highs on Virus Spreading

[Reuters] Euro hits 1-1/2 year high versus dollar after EU virus deal

[Reuters] Oil jumps 3% on virus vaccine hopes, EU stimulus deal

[CNBC] Coronavirus live updates: U.S. alleges two Chinese nationals stole vaccine secrets; Germany’s response praised

[AP] US accuses Chinese hackers in targeting of COVID-19 research

[Reuters] Low Fed rates, flight to the suburbs set to boost U.S. homebuilders

[Yahoo/Bloomberg] Wall Street Is Throwing Billions at Once-Shunned Gold Miners

[Bloomberg] Covid Antibodies Fade Rapidly, Raising Risk of Lost Immunity

[Bloomberg] Gold, Silver Are Surging to Multi-Year Highs on Virus Spreading

[WSJ] Arkansas Pension Sues Allianz Over More Than $700 Million Loss