Tuesday, January 19, 2021

Wednesday's News Links

[Yahoo/Bloomberg] U.S. Stocks Rise With Europe; Bonds Dip: Markets Wrap

[Reuters] Stocks welcome Yellen's call to 'act big' on coronavirus spending

[Yahoo/Bloomberg] Gold Rises With Dollar’s Outlook in Focus After Yellen Weighs In

[Reuters] Biden set to rejoin Paris climate accord, impose curbs on U.S. oil industry

[Reuters] Trump leaves Washington, Biden to assume U.S. presidency

[Reuters] Trump's parting gifts to Biden: Roaring stocks, a weaker dollar, tons of debt

[Yahoo/Bloomberg] Biden Unveils Sweeping Climate Plan, Moves to Rejoin Paris Pact

[Reuters] Exclusive: Biden administration considers creating White House antitrust czar - sources

[Reuters] China's short-term money rates surge despite huge PBOC cash injection

[Yahoo/Bloomberg] China Record $30B Bond Defaults Seen Rising This Year

[Bloomberg] The Housing Market Boom Gets Another Boost From Biden

[Bloomberg] South African Study Into New Virus Strain Raises Vaccine Fears

[Bloomberg] Companies Are Buying Back Stock Again. Their Employees, Less So

[WSJ] Biden’s First-Day Orders Will Include Mask Mandate, Blocking Keystone Pipeline

[WSJ] More Americans Face Retirement Insecurity

[WSJ] Europe, Struggling to Exit the Pandemic, Faces Bleak 2021

[FT] Who are the pillars of the Biden-Harris team?

[FT] Janet Yellen vows to take hard line against currency manipulation

[FT] Dear Joe Biden, deficits still matter

[FT] Eurozone banks scale back lending as bad debt fears grow

[FT] Hedge fund industry assets surge to record $3.6tn

Tuesday Evening Links

[Yahoo/Bloomberg] U.S. Stock Futures Climb, Dollar Extends Decline: Markets Wrap

[Reuters] Asian markets set for modest upswing after gains on Wall Street

[Reuters] Treasuries slip after Yellen says tax cuts should be repealed

[Yahoo/Bloomberg] Yellen Opens Debate on Giant Spending Saying ‘World Has Changed’

[Reuters] "Act big" now to save economy, worry about debt later, Yellen says in Treasury testimony

[Reuters] Biden's top diplomat, Blinken, vows to revitalize alliances, U.S. leadership

[Reuters] Foreign holdings of U.S. Treasuries slide for 4th month in November

[Yahoo/Bloomberg] Cuomo Warns of N.Y. Tax Hike, Cost Cuts Without $15 Billion Aid

[AP] Italian PM wins crucial vote in Senate with very thin margin

[Bloomberg] A Surge in Bad Debt Is Set to Worsen India’s Shadow Bank Crisis

[NYT] Yellen Outlines Economic Priorities, and Republicans Draw Battle Lines

[NYT] 10 Challenges Biden Faces in Righting the Economy

[NYT] New California Variant May Be Driving Virus Surge There, Study Suggests

[WSJ] Yellen Makes Case for Sweeping Stimulus Package in Face of GOP Skepticism

[FT] What does a Biden presidency mean for the world?

[FT] Donald Trump says his movement ‘just beginning’ in farewell remarks

Tuesday Afternoon Links

[Yahoo/Bloomberg] Tech Stocks Rise With Small Caps; Treasuries Slip: Markets Wrap

[Reuters] Treasuries slip after Yellen says tax cuts should be repealed

[Reuters] Dollar eases as risk tolerance rises on U.S. stimulus outlook

[Yahoo/Bloomberg] Oil Surges With Equities on Hopes Stimulus Will Boost Economy

[Yahoo/Bloomberg] Yellen Runs Into GOP Resistance to ‘Act Big’ Call for Stimulus

[Yahoo/Bloomberg] Yellen Says She Won’t Seek Weaker Dollar, Wants Market-Set Rates

[CNBC] Covid live updates: Virus kills 100,000 in the U.S. in just 36 days, as death toll tops 400,000

[Reuters] Analysis: Yellen-backed policies set to aid risk assets, raise longer-term worries

[Yahoo/Bloomberg] Yellen Gets Wall Street Buzzing About 50-Year U.S. Treasuries

[Reuters] Under government pressure, big U.S. lenders rush to launch more pandemic loans: sources

[Yahoo/Bloomberg] Italy Premier Closing In on Majority as Senate Support Grows

[Yahoo/Bloomberg] No-Name Clean Tech Firms Are Turning Into Billion-Dollar Bets