Wednesday, February 17, 2021

Thursday's News Links

[Yahoo/Bloomberg] Nasdaq Leads U.S. Stocks Lower; U.S. Yields Rise: Markets Wrap

[Reuters] China's blue-chip index falls on policy tightening, valuation worries; Hong Kong down

[Reuters] Oil prices extend gains as Texas cold snap cuts U.S. output

[Reuters] Texas energy freeze stretches to sixth day, raises Mexico's ire

[Reuters] No electricity, no water, Texans struggle through historic cold with more dark days ahead

[Yahoo/Bloomberg] U.S. Jobless Claims Hit Four-Week High in Fresh Labor Setback

[Yahoo/Bloomberg] U.S. Housing Starts Fell in January for First Time Since August

[Yahoo/Bloomberg] Fed Staff Suggest More Worry Over Financial Risk Than Powell

[Reuters] Analysis: Debt-laden world, rising bond yields - a toxic taper tantrum combo

[Yahoo/Bloomberg] Texas’ Gas-Export Clampdown Shocks Market as Blackouts Drag On

[AP] Explainer: Why the power grid failed in Texas and beyond

[Reuters] Amid Texas freeze, oil producers still shut; governor bans natural gas exports

[CNBC] Covid live updates: Pandemic lowers U.S. life expectancy; 15 million people have received a second vaccine dose

[MarketWatch] We were ‘dangerously close’ to collapse of ‘entire system,’ says Interactive Brokers founder ahead of GameStop hearing

[AP] US needs to brace itself for more deadly storms, experts say

[Reuters] China more focused on money market rates than size of liquidity operations - paper

[Reuters] China's air passenger numbers down 45% year-on-year over Lunar New Year

[NYT] A Shadowy but Powerful Wall St. Firm Has Its Moment in Washington

[WSJ] In Frigid Texas, Desperate Families Take Risks to Stay Warm

[WSJ] Shipping Container Shortage Gives Commodity Prices Extra Boost

[FT] US bond sell-off stirs warnings over stock market strength

Wednesday Evening Links

[CNBC] Stocks futures little changed ahead of initial jobless claims data

[Yahoo/Bloomberg] Asia Set for Muted Open; Bond Yields Decline: Markets Wrap 

[Reuters] Stocks pull back from record highs as big tech slides; yields retreat

[Yahoo/Bloomberg] Oil Advances With U.S. Polar Blast Slamming Oil Production

[Yahoo/Bloomberg] U.S. Oil Production Slumps by Record 40% as Permian Freezes

[Yahoo/Bloomberg] Texas Power Crisis Is Getting Worse With Millions in Dark

[Yahoo/Bloomberg] Texas Bans Natural Gas Sales Outside Its Borders: Energy Update

[Yahoo/Bloomberg] Texas Was Warned a Decade Ago Its Grid Was Unready for Cold

[FT] Fed officials see greater risk to US economy from low inflation

[FT] Oil and gas industry in Texas buckles under strain of Arctic blast

Wednesday Afternoon Links

[Yahoo/Bloomberg] Stocks Pare Losses; Yields Drop From Year Highs: Markets Wrap

[Reuters] Nasdaq falls as big tech slides; Fed minutes in focus 

[Reuters] Oil rises as Texas weather prompts U.S. production drop

[Yahoo/Bloomberg] Natural Gas Soars to $1,250 in Central U.S. on Supply Paralysis

[Yahoo/Bloomberg] Fed Officials Saw Taper Conditions Not Being Met for ‘Some Time’

[Yahoo/Bloomberg] Texas Power Failures Shut Chip Factories, Squeezing Tight Supply

[Reuters] U.S. producer prices post biggest gain since 2009

[Reuters] COVID response drives $24 trillion surge in global debt: IIF

[Yahoo/Bloomberg] Household Debt Climbs to Record in U.S. Amid Surge in Mortgages

[Reuters] Pandemic led to U.S. housing boom, reduced credit card debt, New York Fed says

[Yahoo/Bloomberg] Real Yields’ Rise Is Canary in the Coal Mine for Risk Assets

[Yahoo Finance] Fed attempts to get ahead of inflation by talking down 'transitory' effects

[Reuters] Inflation not likely to hit Fed's target through 2022, Rosengren says

[Yahoo/Bloomberg] Rise of Retail Army Shrouds Half of Stock Trading in Secrecy

[Yahoo/Bloomberg] Short Interest in Biggest Credit ETF Jumps to Covid-Panic Level