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Monday, February 22, 2021

Tuesday's News Links

[Yahoo/Bloomberg] Tech Shares Tumble a Second Day as Yields Climb: Markets Wrap

[Reuters] Stocks struggle as tech slide erases commodities surge

[Reuters] Oil rises on positive forecasts, slow U.S. output restart

[Yahoo/Bloomberg] Gold Steadies After Sharp Gain With Powell’s Testimony in Focus

[Yahoo/Bloomberg] Commodities Hit Highest Since 2013 Amid Inflation Concern

[CNBC] Powell says inflation is still ‘soft’ and the Fed is committed to current policy stance

[Reuters] Fed's Powell heads to Congress with economy at a crossroads

[Reuters] U.S. manufacturers grapple with steel shortages, soaring prices

[Yahoo Finance] Home price growth surges at the end of 2020 — fastest pace in 8 years

[AP] Half a million dead in US, confirming virus’s tragic reach

[Yahoo/LA Times] California's coronavirus strain looks increasingly dangerous: 'The devil is already here'

[Yahoo/Bloomberg] Debt Markets Brace for Higher Yields to Stay as Stimulus Sets In

[Yahoo/Bloomberg] Texans Will Pay for Decades as Crisis Tacks Billions Onto Bills

[Reuters] Mega cities fan China's home prices further in test for policymakers

[Yahoo/Bloomberg] China’s New Outbreaks of Pig Diseases Spark Doubts Over Recovery

[Yahoo/Bloomberg] China’s Overseas Energy Lending Tumbles To Lowest Since 2008

[Bloomberg] Authers: How Much Do Central Banks Fear the Bond Toddler?

[Bloomberg] China Home Prices Shake Off Fresh Curbs to Resume Faster Growth

[NYT] Reading Between the Lines: A Conversation with Janet Yellen

[WSJ] For Stocks, This Bond Selloff Isn’t Like the Others

[FT] This is nuts, this is the electric vehicle crash

[FT] Brazilian markets rattled by Bolsonaro’s removal of Petrobras chief

[FT] El-Erian: When is stimulus too much for markets?