Wednesday, July 14, 2021

Thursday's News Links

[Yahoo/Bloomberg] U.S. Stocks, Yields Slip After Powell, China Data: Markets Wrap

[CNBC] Treasury yields dip, continuing their three-month slide

[Reuters] Fed boosts bonds, Delta blues stall stocks

[Yahoo/Bloomberg] Oil Drops for Second Day After Surprise Jump in Gasoline Stocks

[CNBC] Jobless claims hit new pandemic low, while New York manufacturing notches record high

[AP] Biden pitches huge budget, says Dems will ‘get a lot done’

[Yahoo/Bloomberg] Biden Faces Hard Sell in Asia for Anti-China Digital Trade Pact

[Yahoo/Bloomberg] China’s V-Shaped Recovery Steadies as Retail Spending Gains

[Yahoo/Bloomberg] China Reinforces Policy Stance With Cutback in Loan Injections

[Reuters] China's economy grows more slowly than expected in second quarter

[CNBC] China property investment growth slows in H1

[Bloomberg] Fed’s Bullard Urges Start of Bond Taper With Jobs Goals Met

[Bloomberg] El-Erian: Fed Raises Risk of Policy Mistake and Market Accidents

[Bloomberg] New York Manufacturing Expands at Record Pace, Price Gauge Rises

[Bloomberg] Why Cutting Unemployment Aid Isn’t Filling America’s 9.2 Million Open Jobs

[Bloomberg] China Home Price Growth Slows Under Tougher Mortgage Borrowing

[Yahoo/Bloomberg] BOE Policy Makers Signal U.K. Stimulus May be Curtailed Soon

[Yahoo/Bloomberg] Wall Street Has Surrendered to the $500 Billion ETF Rush

[Yahoo/Bloomberg] Reddit Traders Are Upending the World of Credit Investing, Too

[Reuters] Residents count cost as South Africa looting starts to die down

[NYT] China’s Growth Slows as Pandemic Fears Persist

[WSJ] How Is the Economy Doing? Here’s What Banks Say

[WSJ] China to Walk a Fine Economic Line After Posting Second-Quarter Growth

[WSJ] Republicans Highlight Inflation in Effort to Thwart Biden’s Midterm Economic Case

[FT] China warns of economic uncertainty despite moderate recovery in Q2

[FT] ETF industry on track for record year as investor inflows reach $659bn