Wednesday Afternoon Links

[Reuters] Wall St eases as declines in cyclicals outweigh boost from growth stocks

[Reuters] Gold jumps as Powell plays down Fed taper talk

[Yahoo/Bloomberg] Oil Drops as U.S. Fuel Stocks Grow and OPEC+ Closer to Deal

[Reuters] Fed's Powell stays focused on jobs recovery, expects inflation to ease

[Yahoo/Bloomberg] Key Moderate Democrats Not Yet on Board With Senate Budget Plan

[Reuters] U.S. crude stockpiles fall for eighth week in a row - EIA

[CNBC] The junk bond market is on fire this year as yields hit a record low

[CBS] Social Security recipients may get biggest cost-of-living bump in almost 40 years

[Bloomberg] Bank of Canada Boosts Inflation Forecast, Dials Back Bond Buying

[Bloomberg] Global Bonds Look to Powell as Inflation Surges Test Nerves

[WSJ] Powell Expects Inflation to Moderate, but Will Likely Remain Elevated This Year

[WSJ] Time Is Money for Companies Facing Transport Snarl

[FT] BlackRock chief warns on inflation as staff enjoy 8 per cent pay rise