Tuesday, August 11, 2020

Wednesday's News Links

[Reuters] Global stocks shake off stimulus doubts, gold goes wild

[Yahoo/Bloomberg] Gold’s Wild Ride Continues as Prices Bounce Back

[Reuters] U.S. consumer prices accelerate in July

[CNBC] Another record low mortgage rate juiced weekly demand, but rates are suddenly rising now

[Reuters] Trump says 'great' bond with China's Xi changed after COVID-19

[Bloomberg] China’s Days as World’s Factory Are Over, IPhone Maker Says

[Bloomberg] Turkish Bank Bonds Trading in Distress Defy Erdogan’s Optimism

[WSJ] Coronavirus-Hit State Budgets Create a Drag on U.S. Recovery

[WSJ] Federal Reserve’s Covid Response Fuels Private-Equity Debt Boom

[WSJ] Commercial Properties’ Ability to Repay Mortgages Was Overstated, Study Finds

[WSJ] China’s Xi Speeds Up Inward Economic Shift

[FT] US risks China’s ire by raising prospect of Taiwan trade deal 

[FT] China treads cautiously in the face of US sanctions

[FT] Beijing on flood alert as rains hamper China’s economic recovery

Tuesday Evening Links

[Reuters] S&P 500, Dow snap seven-day winning streak as concern mounts over stimulus deal

[Reuters] Stocks off highs on stimulus concern; gold, silver tumble

[CNBC] McConnell urges White House, Democrats to restart coronavirus relief negotiations

[Reuters] White House, congressional Democrats go fourth day without coronavirus talks

[AP] Worldwide virus cases top 20 million, doubling in six weeks

[Bloomberg] China’s Poor Squeezed by Surging Food Prices and Stagnant Wages