Thursday, August 20, 2020

Friday's News Links

[Yahoo/Bloomberg] Stocks Lose Oomph; Bonds Gain With Dollar: Markets Wrap

[Reuters] Waning European recovery saps stocks momentum, knocks euro

[Reuters] Euro sinks as business rebound stutters in August

[Yahoo/Bloomberg] Oil Extends Decline With Demand Headwinds Mounting

[CNBC] July home sales spike a record 24.7% as prices set a new high

[Yahoo/Bloomberg] Corporate America Is Choking on Debt and Imperiling the Recovery

[CNBC] Struggling retailers rush to file for bankruptcy as fears of a second wave of coronavirus linger

[CNBC] Coronavirus live updates: Former FDA chief warns of a ‘third act’ of the virus that could be ‘more pervasive’

[CNBC] Report finds $50 billion of cryptocurrency moved out of China hinting at capital flight against Beijing rules

[Reuters] Amid heightened tensions, Taiwan tells China not to underestimate its resolve

[Bloomberg] Trump Threatens Tariffs for U.S. Companies That Won’t Move Jobs Back

[Bloomberg] The Blackout Trade: How a Power Market Went Dark in California

[Bloomberg] China Just Killed Its $491 Billion Private Loan Market

[Bloomberg] Record Ice Loss in Greenland Is a Threat to Coastal Cities Worldwide

[NYT] We Have Crossed the Line Debt Hawks Warned Us About for Decades

[WSJ] When the Stock Market and Economy Seem Disconnected

[WSJ] Global Economies Show Signs of Stuttering Recovery From Coronavirus Lockdowns

[WSJ] Student Loan Borrowers Would See a Big Chunk of Debt Disappear Under Biden Plan

[FT] Eurozone economic rebound is losing steam, surveys suggest

[FT] Robinhood upstarts who ambushed the financial establishment

Thursday Evening Links

[Reuters] Asian stocks set to rise after Wall Street tech-driven rally

[Reuters] Dollar on defensive as fresh jobs pain hits U.S. economy

[Reuters] U.S., China differ over plans for Phase 1 trade deal talks

[Reuters] Working from home raises questions about U.S. inequality: Fed panel

[Reuters] U.S. moves to restore all U.N. sanctions on Iran in dispute over nuclear deal

Thursday Afternoon Links

[Reuters] Wall Street ekes out gains as tech stocks eclipse data gloom 

[Reuters] Fear fading on Wall Street as investors learn to love the new bull market

[Reuters] Rise in U.S. weekly jobless claims clouds labor market recovery

[Bloomberg] Money Managers Bracing for Upheaval With Stocks Near Record

[Bloomberg] Banks Are Putting Lower Limits on New Credit Cards

[Bloomberg] Trump Nominee Shelton Blasted by Fed Alums in Open Letter

[Bloomberg] Brazil’s Real Falls as Shock Senate Vote Fuels Fiscal Woes