Monday, April 26, 2021

Tuesday's News Links

[Reuters] Stocks dip on caution before Fed, earnings

[Yahoo/Bloomberg] Huarong Bonds Slump as Fitch Cut Overshadows April Repayments

[Yahoo/Bloomberg] Oil Edges Higher With Virus Resurgence Looming Over Market

[Yahoo/Bloomberg] Copper Surges Toward $10,000 as Bulls Bet on Global Rebound

[CNBC] February home prices see the biggest gain in 15 years, S&P Case-Shiller says

[Yahoo/Bloomberg] Home Prices in U.S. Surge Most Since 2006 With Inventory Tight

[Yahoo/Bloomberg] U.S. Companies Bump Up Prices on Supply Squeeze and Demand Boom

[Associated Press] Biden to sign $15 minimum wage for federal contract workers

[Reuters] How the Fed may ace, or flub, its inflation call

[AP] What’s in Biden speech? Lawmakers race to add priorities

[Yahoo/Bloomberg] Bond Investors Take Ever-Riskier Bets in Hunt for Returns

[MSN/Bloomberg] America’s Ultra-Rich Fear Biden Will Close Their Favorite Tax Loopholes

[AP] US marks slowest population growth since the Depression

[Yahoo/Bloomberg] Huarong Is Said to Get State Bank Support to Repay Offshore Debt

[Yahoo/Bloomberg] Global Steel Boom Builds as Rampant Demand Overwhelms Supply

[Reuters] BOJ trims inflation forecast, signals prolonged easing as COVID pain persists

[Yahoo/Bloomberg] China Widens Internet Crackdown With Meituan Monopoly Probe

[Yahoo/Bloomberg] Putin’s Bid to Ditch Dollar Picks Up as Exports Move to Euro

[Yahoo/Bloomberg] Waterways Are Drying Up in Key South American Crop-Shipping Hubs

[CNBC] Tesla’s bitcoin speculation helped boost profits by more than $100 million in Q1

[Bloomberg] China Is Already Tapering Stimulus With Drop in Local Bond Sales

[Bloomberg] Previously Owned U.S. Homes Are Now More Expensive Than New Ones

[Bloomberg] Homebuilders’ Pain to Spell Record Earnings for Lumber Producers

[Bloomberg] Gilbert: Bankers Love Hedge Funds for a Very Good Reason

[WSJ] Companies Cheered by Post-Covid-19 Demand Have a Supply Problem

[FT] China’s Huarong suffers first debt downgrade after bond sell-off

[FT] Is a new variant driving India’s coronavirus catastrophe?

[FT] Total bank losses from Archegos implosion exceed $10bn