Wednesday, March 3, 2021

Thursday's News Links

[Yahoo/Bloomberg] Stocks and Bonds Steady After Jobs Data: Markets Wrap

[Reuters] Bond scares linger, investors look to Powell

[Reuters] Oil strengthens on prospect of OPEC+ maintaining supply cuts, drop in U.S. inventories

[Yahoo/Bloomberg] Initial Claims for U.S. Jobless Benefits Rose Slightly Last Week

[AP] House passes sweeping voting rights bill over GOP opposition

[Yahoo/Bloomberg] Powell Likely to Push Back on Bond-Market Doubts Over Fed Policy

[Reuters] Texas power grid names firms with unpaid bills, cuts off second

[CNBC] Monthly auto loan payments surge to record highs as borrowing hits biggest one-year jump, Experian says

[Reuters] Analysis: Greensill's funding problems could cause broad ripples

[Yahoo/Bloomberg] Dollar Is Increasingly Overvalued as Deficit Widens, IIF Says

[Yahoo/Bloomberg] Longest Surge in Food Prices Since ‘08 Hits Poorest Nations Most

[Bloomberg] There Are Early Signs of a Value-at-Risk Shock

[NYT] Investors Are Focused on Treasurys. Here’s What the Fed Could Do.

[WSJ] Texas Power Regulator Urged to Halt Collections as Crisis Fallout Spreads

[WSJ] Greensill Problems Put Spotlight on Steel Tycoon Once Feted by Royalty

[WSJ] A ‘Mind-Boggling’ Individual Investor Boom Stirs Up Markets in Asia

[FT] US vs China: Biden bets on alliances to push back against Beijing

Wednesday Evening Links

[CNBC] Stock futures decline, after major averages dip amid rising bond yields

[Yahoo/Bloomberg] Nasdaq Slumps to Two-Month Low as Bond Yields Jump: Markets Wrap 

[Yahoo/Bloomberg] Gasoline Heads Toward $3 in U.S. For First Time in Six Years

[Yahoo/Bloomberg] U.S. Inflation Expectations Hit Decade High as Yields Resurge

[Reuters] Millions of U.S. households would not get COVID-19 payments under new Biden plan

[Reuters] U.S. economy got off to modest start in 2021, Fed says

[Reuters] Central banks prepared to risk higher inflation, RBNZ's Orr

[Reuters] Analysis - Global bond rout puts BOJ's yield curve control in spotlight

[Reuters] 'When will it end?': How a changing virus is reshaping scientists’ views on COVID-19

[CNBC] Covid updates: Officials warn variants can hijack recovery; Apollo bets conventions will come back stronger

[Yahoo/NYT] Brazil's COVID Crisis Is a Warning to the Whole World, Scientists Say

[UK Guardian] Brazil's Covid outbreak is global threat that opens door to lethal variants – scientist

[Yahoo Finance] Philadelphia Fed’s Harker: Don’t expect an interest rate hike ‘anytime in 2022’

[Yahoo/Bloomberg] What to Watch as China Rolls Out an Economic Plan to Overtake the U.S.

[NYT] Empty Office Buildings Squeeze City Budgets as Property Values Fall

Wednesday Afternoon Links

[Yahoo/Bloomberg] Nasdaq Slumps 2.5% as Bonds Yields Jump; Oil Gains: Markets Wrap

[Yahoo/Bloomberg] U.S. Yields Resurgent as Inflation Expectations Hit Decade High

[Reuters] S&P 500, Nasdaq fall as high-flying tech stocks slide

[Yahoo/Bloomberg] Oil Gains With Record U.S. Fuel Supply Drop on Deep Freeze

[Reuters] Senate trims parts of Biden's $1.9 trillion coronavirus relief bill before votes

[Reuters] U.S. service sector slows; businesses facing higher costs: ISM survey

[Reuters] U.S. private payrolls miss expectations; cost pressures rising for businesses

[Yahoo/Bloomberg] Greensill Woes Deepen as Germany Shutters Bank, Seeks Probe

[Yahoo/Bloomberg] Greensill Crisis Pressures Ambitious ‘Savior of Steel’ Gupta

[Bloomberg] German Financial Regulator Freezes Greensill Bank Payments