Wednesday, March 17, 2021

Thursday's News Links

[Yahoo/Bloomberg] Bonds Plunge With Nasdaq on Inflation Risk: Markets Wrap

[Yahoo/Bloomberg] Treasury Yields Top 1.75% After Powell Spurs Bets on Inflation

[Yahoo/Bloomberg] Oil Is on Longest Run of Declines in Over a Year as Rally Frays

[Yahoo/Bloomberg] Treasury Inflation Bets in Full Swing as Fed Holds Off Pushback

[Yahoo/Bloomberg] Philadelphia Fed Factory Gauge Sizzles Along With Price Gauge

[Reuters] U.S. weekly jobless claims unexpectedly rise

[Yahoo/Bloomberg] Powell Faces Tough Campaign to Convince Traders of Fed’s Resolve

[Yahoo/Bloomberg] Powell Hammers Home Dovish Message in ‘Clean Break’ With Old Fed

[AP] Fed expects to keep its key rate near zero through 2023

[Yahoo/Bloomberg] Plastic Prices Hit Record High to Stoke Inflation Concerns

[Yahoo/Bloomberg] Brazil Central Bank Head Goes All-In With Bold Rate Hike Plan

[Yahoo/Bloomberg] Turkey Delivers Bigger Than Expected Rate Hike, Lira Jumps

[Reuters] 'Secret to success is not monopoly,' China tells online platforms: state media

[Yahoo/Bloomberg] China Facing Shortages Seeks to Cut Corn and Soymeal Use in Feed

[Yahoo/Bloomberg] Credit Suisse Says Fund Defaults Expected, Investors May Sue

[Bloomberg] Dear Market, Don't Worry, Be Happy. Yours, the Fed

[Bloomberg] The Global Chip Shortage Is Like the Winter That Won’t Go Away

[NYT] Jerome Powell Promises Not to Take Away the Punch Bowl

[NYT] Penny Stocks Are Booming, Which Is Good News for Swindlers

[WSJ] Everywhere You Look, the Global Supply Chain Is a Mess

[WSJ] Fed’s Biggest Challenge Could Be an Economy Beating Its Expectations

[WSJ] Why Covid-19 Aid, Inflation Fears Hold the Key to the Dollar’s Future

[WSJ] Powell Can’t Let Markets See Him Sweat

[FT] Chinese economy: Beijing’s war on the credit boom

[FT] Fed signals no rate rise until at least 2024 despite growth upgrade

[FT] US signals tough stance ahead of first meeting with China

[FT] European bond sale order books grow to ‘ridiculous’ levels

Wednesday Afternoon Links

[Yahoo/Bloomberg] Stocks Gain, Yields Pare Rise After Fed Stands Pat: Markets Wrap

[Reuters] Oil falls further on demand outlook, U.S. stock build

[Yahoo/Bloomberg] Fed Keeps Zero-Rate Outlook, Sees Inflation Bump as Short-Lived

[CNBC] Fed sees stronger economy and higher inflation, but no rate hikes

[Reuters] U.S. housing market takes breather amid bitterly cold weather

[Reuters] Explainer - NFTs are hot. So what are they?

[Yahoo/Bloomberg] Brilliant Energy Files for Bankruptcy After Texas Freeze

[WSJ] Fed Holds Steady on Interest Rates, Bond Purchases

[WSJ] New Houses Are Costing More as Prices Jump for Wood, Bricks

[FT] Fed expects US economy to grow by 6.5% this year

[FT] Lessons from history make Reddit trading frenzy a risky bet