Monday, March 8, 2021

Tuesday's News Links

[Yahoo/Bloomberg] U.S. Stocks Rise as Treasury Yields Halt Four-Day Climb

[Reuters] Gold rebounds as dollar, U.S. yields pull back

[Reuters] Oil prices rise on expected economic recovery, likely drawdown in oil stocks

[Yahoo/Bloomberg] Treasury Traders Beware Auctions in March as Demand Litmus Test

[Yahoo/Bloomberg] Banks Press Fed to Preserve $600 Billion in Balance-Sheet Leeway

[Yahoo/Bloomberg] Biden Faces Tougher Obstacles for Broad Relief Bill Sequel

[Yahoo/Bloomberg] China State Funds Buy Stocks to Stem Worsening Rout

[Yahoo/Bloomberg] China’s $1 Trillion Stock Rout Tests Limit of State Intervention

[Yahoo/Bloomberg] Gupta in Talks to Negotiate Reprieve on Greensill Debt

[Reuters] Ten years after Fukushima, Japan remembers 'man-made' nuclear disaster

[SCMP] Xi Jinping tells China’s military ‘be prepared to respond’ in unstable times

[Bloomberg] Variant’s Spread in Florida Shows Threat to U.S. Covid Recovery

[Bloomberg] Top China Generals Urge More Spending for U.S. Conflict ‘Trap’

[Bloomberg] Arctic Ocean Was Much Warmer Than Average During February

[NYT] Bitcoin’s Climate Problem

[WSJ] What’s New in the Third Covid-19 Stimulus Bill?

[WSJ] U.S. Growth Surge Could Unbalance Fragile Global Economy

[WSJ] Record Drought Strains the Southwest

[FT] Rise of the retail army: the amateur traders transforming markets

[FT] Bond sell-off gives taste of things to come as market shifts

Monday Evening Links

[Yahoo/Bloomberg] Asia Set for Muted Open After U.S. Tech Tumble: Markets Wrap 

[Yahoo/Bloomberg] Nasdaq 100 Tumbles, Ends 11% Below Feb. 12 Record: Markets Wrap

[Reuters] GameStop jumps more than 40%, other 'meme stocks' rally on stimulus hopes

[Yahoo/Bloomberg] Haunted by 2008, China and U.S. Diverge on Stimulus Plans

[Yahoo/Bloomberg] Nasdaq 100 Has Not Diverged This Much From the Dow Since 1993

[CNBC] ‘Significant long-term scarring’ in services will limit pent-up consumer demand and suppress inflation, economist Stephen Roach predicts

[AP] Brazil justice annuls Lula’s sentences, enabling 2022 run

[WSJ] Greensill Capital Tumbles Into Insolvency, Spreading Financial Pain

Monday Afternoon Links

[Reuters] S&P 500, Dow advance as stimulus bill gets Senate nod

[Yahoo/Bloomberg] Stocks Rise on Value Rotation; Tech Shares Drop: Markets Wrap

[Yahoo/Bloomberg] Biden’s Giant Stimulus to Easily Pass House, Democrats Say

[Yahoo/Bloomberg] Yellen Says Stimulus Unlikely to Cause Inflation Problem

[Reuters] Fed extends small business liquidity facility three months to June 30

[Yahoo/Bloomberg] Volatility Traders Take $1.5 Trillion Tech Rout in Their Stride

[Yahoo/Bloomberg] Gupta’s Empire Warned of Insolvency Without Greensill Funding

[Reuters] U.S. 'alarmed' by frequency of attacks on Saudi after Houthis target oil heartland

[Yahoo/Bloomberg] Greensill Files for U.K. Insolvency After Swift Unraveling

[FT] Federal Reserve to close most Covid crisis emergency facilities