Wednesday, January 13, 2021

Thursday's News Links

[Yahoo/Bloomberg] Treasury Yields Rise on Aid Report; Stocks Advance: Markets Wrap

[Reuters] Stimulus helps stocks shrug off impeachment chaos

[Yahoo/Bloomberg] Chinese Stocks Fall Most Since September, Pulling Back From 13-Year High

[Reuters] Dollar holds gains as markets await Biden's stimulus plan

[Reuters] Biden to unveil plan to pump $1.5 trillion into pandemic-hit economy

[Yahoo/Bloomberg] U.S. Jobless Claims Jump by Most Since March, Approach 1 Million

[Yahoo/Bloomberg] Biden Economic Plan to Test Republican Taste for Dealmaking

[Yahoo/Bloomberg] Italy’s Conte Fights to Retain Power After Junior Ally Quits

[CNBC] Italy plunges into political crisis — again: Here’s what you need to know

[Yahoo/Bloomberg] China’s Trade Surplus Hits Record as Pandemic Fuels Exports

[Reuters] Chinese exports grow by more than expected in December, imports quicken

[Yahoo/Bloomberg] Rising Yields Approach Trigger Point That Risks Upsetting Stocks

[AP] German economy shrank 5% in pandemic year 2020

[Reuters] COVID-19 infection gives some immunity, but virus can still be spread, study finds

[Bloomberg] Italian Bonds Slide as Investors Fret Over Early Election Risk

[Bloomberg] Bond Market’s Scariest Gauge Is Worse Than Ever

[Bloomberg] UBS Analysts Say Evergrande May Tumble in Dramatic Sell Call

[WSJ] Delayed Vaccine Rollout Spells Risk for Debt Investors

[WSJ] Shrinking Grain Supplies Send Prices Soaring

[WSJ] Trump Impeachment Deepens GOP Divide

[FT] Annual inflows drive ETF industry assets to all-time high of $8tn

[FT] Red-hot markets allow PE groups to load up targets with extra debt

[FT] A nation teetering on the edge struggles through transfer of power

Wednesday Evening Links

[CNBC] Trump becomes first president to be impeached twice, as bipartisan majority charges him with inciting Capitol riot

[Yahoo/Bloomberg] Stocks Rise for Second Day; Treasury Yields Drop: Markets Wrap

[Reuters] S&P closes higher with defensive sectors leading gains

[Reuters] U.S. December deficit hits $144 billion, record for the month

[CNBC] Covid live updates: U.S. has now administered 10 million Covid vaccine doses as daily deaths hit record high

[Reuters] Clarida says Fed won't raise rates until its sees 2% inflation

[Yahoo/Bloomberg] Index-Fund Trillions Are Distorting Prices in the S&P 500

[AP] Mix of extremists who stormed Capitol isn’t retreating

[Bloomberg] U.S. Budget Deficit Widened 61% in Quarter on Covid-19 Spending

[WSJ] China’s Economy Powers Ahead While the Rest of the World Reels

[FT] Italy’s government in crisis as Renzi ministers resign

Wednesday Afternoon Links

[Reuters] S&P 500, Nasdaq tick higher on Intel boost 

[Reuters] Biden to press for immediate economic 'rescue' package, economic adviser

[Reuters] Italy's Renzi quits coalition, opening political crisis

[Yahoo/Bloomberg] Italian Government on Brink of Collapse After Ministers Quit

[Reuters] Analysis: Wall Street brushes off political turmoil, looks to economic rebound

[Yahoo/Bloomberg] U.K.’s Deadliest Day; NBA Postpones Another Game: Virus Update

[Reuters] Fed bond-buying likely unchanged 'for quite some time,' Brainard says

[Reuters] Analysis: Dollar bears grow cautious as U.S. yields rise

[Bloomberg] Trillions of Dollars in Index Funds Are Distorting the S&P 500