Friday Evening Links

[Reuters] S&P 500, Dow scale new heights, Treasury yields rise on strong inflation data

[Reuters] Biden's budget meets criticism from right and left on Pentagon spending

[CNBC] Covid cases overwhelm Michigan health system, Gov. Whitmer urges residents to stay home

[CNBC] Venture funding soared to record $64 billion in Q1

[Yahoo/Bloomberg] Plotkin’s Melvin Capital Extends First-Quarter Losses to 49%

[FT] Wall Street investors look warily at gathering tax ‘storm’

[FT] US to ease restrictions on meeting Taiwanese officials