Tuesday, August 25, 2020

Wednesday's News Links

[Yahoo/Bloomberg] Stocks Fluctuate Near Record Highs; Dollar Gains: Markets Wrap

[CNBC] U.S. core capital goods orders slow in July from prior month, while durable goods orders surge 11.2%

[Reuters] Framework review complete, Fed's Powell starts hard sell for higher inflation

[Yahoo/Bloomberg] Fed’s Top Inflation Hawk Isn’t Opposed to Overshooting 2% Goal

[Yahoo/Bloomberg] Fed Seen Holding Rates at Zero for Five-Years Plus in New Policy

[CNBC] Coronavirus live updates: Virus concerns fall in swing states; University of Iowa president blames businesses for outbreak

[Reuters] China central bank injects $29 billion via reverse repos

[Reuters] Mexico's economy contracts by historic 17.1% in second quarter

[Yahoo/Bloomberg] Lebanon Inflation Soars Past 100% in Latest Sign of Meltdown

[Reuters] Boom or bust? Welcome to the freewheeling world of crypto lending

[Reuters] China protests U.S. spy plane watching drills

[Reuters] 'Polishing the gun': China, U.S. tensions raise Taiwan conflict fears

[Bloomberg] Economic Rebound in Emerging Market Is Stalling and Even Falling

[WSJ] U.S. Sanctions Chinese Firms and Executives Active in Contested South China Sea

[FT] Fundamentals matter again for emerging market investors

[FT] Central bankers face virus hit to global economy at crisis forum

[FT] Volatile markets upend volatility hedge funds


Tuesday Evening Links

[CNBC] Stock futures flat after S&P notches another record

[CNBC] Coronavirus live updates: 30 states approved for extra unemployment money; American Airlines plans major cuts

[AP] California faces huge fires before usual peak of season

[Bloomberg] Commercial Mortgage Debt in Distress Surges 320%, Moody’s Says

[FT] Xi Jinping sets stage to resurrect ‘chairman’ title created by Mao

Tuesday Afternoon Links

[Reuters] S&P 500, Nasdaq close at record highs on trade, vaccine developments

[Reuters] Treasuries - Yield curve steeper on trade deal reassurance

[AP] US consumer confidence falls in August to lowest in 6 years

[CNBC] Here’s why new cases of the coronavirus are down across most of the U.S.

[Reuters] U.S. bank profits down 70% from year prior on coronavirus uncertainty

[CNBC] Hundreds of thousands of people looking for suburban homes — Sternlicht on exodus from cities

[Bloomberg] Hurricane Laura Threatens Gulf With Up to $12 Billion in Damage

[Bloomberg] Global Trade Rebounds 7.6% in June After Lockdown Slump