Thursday, August 13, 2020

Friday's News Links

[Reuters] Wall Street retreats as China data disappoints

[Reuters] World shares sink as data points to tepid economic revival

[Reuters] Dollar steadies, index heads for worst weekly run in decade

[Reuters] Euro zone bonds sell-off stops; inflation expectations at six-month highs

[CNBC] Coronavirus live updates: Congress leaves without passing relief bill; Fauci concerned with U.S. outbreak

[CNBC] Retail sales for July rose 1.2% vs. 2.3% estimate

[Reuters] U.S. consumer sentiment holds steady in early July

[AP] Home prices climb to record in pandemic as buyers seek space

[AP] US productivity rises 7.3%, biggest increase since 2009

[Reuters] China's economic recovery underwhelms as consumer comeback stays elusive

[Reuters] China's July retail sales unexpectedly slip, factory output growth steady

[Reuters] For China's landlords, rent-to-riches dreams fade in red flag for fragile economy

[CNBC] Empty apartments in Manhattan reach record high, topping 13,000

[Yahoo/Bloomberg] Turkish Gold Fever Spurs Dollar Oddity Unseen in Erdogan Era

[Reuters] Malaysia's economy shrinks 17.1% in Q2, worst contraction in over 20 years

[Bloomberg] China Home-Price Growth Slows in July Amid Fresh Wave of Curbs

[Bloomberg] China’s Peer-to-Peer Lending Purge Leaves $115 Billion in Losses

[Reuters] Greek and Turkish warships in 'mini collision': defence source

[WSJ] Muni Defaults Surge, but Yields Don’t Follow

[WSJ] ‘Long-Short’ Funds Missed Their Moment

Thursday Evening Links

[Reuters] S&P 500 ends down slightly after flirting with record levels again

[Yahoo/Bloomberg] Gold, Silver Jump After Swings Amid Weak Dollar and Economic Woe

[CNBC] Coronavirus stimulus stalemate could drag on for weeks as Congress leaves town

[Reuters] U.S. hits fiscal cliff with jobs, economic recovery in the balance

[Reuters] Trump holds up coronavirus aid to block funding for mail-in voting

[Reuters] Mexican central bank cuts rates to 4.5%, but pace of cuts might slow

[CNBC] Here’s how Robinhood is raking in record cash on customer trades — despite making it free

[Bloomberg] Borrowing to Buy Stocks Pushes Up China’s Record Household Debt

[WSJ] A Deadly Coronavirus Was Inevitable. Why Was No One Ready?

[FT] US Treasury forced to pay up to fund record stimulus

[FT] Europe credit investors go ‘all in’ rather than fight banks

[FT] Turkey’s finance minister concedes economy at risk of shrinking