Monday, March 22, 2021

Tuesday's News Links

[Yahoo/Bloomberg] Stocks Edge Down as Oil Slumps; Bonds Advance: Markets Wrap

[Yahoo/Bloomberg] Bargain Hunters Save Turkish Stocks From Worst Drop in 20 Years

[Reuters] Oil falls more than 3% as European coronavirus curbs point to demand hit

[Reuters] U.S. current account deficit jumps to 12-year high in 2020

[Reuters] U.S. new home sales plunge amid harsh weather

[Yahoo/Bloomberg] Markets Start to Worry About Year-End After Fed Ditches Crisis Measure

[AP] Overstimulated? Stocks soar 75% in historic 12-month run

[Yahoo/Bloomberg] China Faces Bond Market Test After Acting as Bastion in Rout

[Bloomberg] Powell Says Recovery Far From Complete, Fed Support to Continue

[Bloomberg] Central Bank of Erdogan Has Foreign Cash Exiting Turkey

[Bloomberg] China’s Economic Growth Could Exceed Target, Premier Li Says

[WSJ] Biden Administration Officials Put Together $3 Trillion Economic Plan

[WSJ] Tight Supply Is Limiting Home Sales at Start of Spring

[WSJ] Chinese Tech Faces New Curbs on Connecting Banks and Borrowers

[FT] US and EU to revive joint effort to handle more assertive China

[FT] Eviction of central bank boss shakes investor confidence in Turkey

[FT] The tragedy of Erdogan’s economic mismanagement

[FT] Bitcoin mining boom adds to chip price inflation

Monday Evening Links

[Reuters] Asian shares follow Wall St advance as inflation panic eases

[Reuters] Biden infrastructure, jobs spending push could hit $4 trillion: source

[Yahoo/Bloomberg] Biden Starts Big Infrastructure Bet With U.S. Far Behind China

[Reuters] West sanctions China over Xinjiang abuses, Beijing hits back at EU

[Yahoo/Bloomberg] Yellen, Powell to Face Down Deficit, Inflation Fears at Congress

[CNBC] Covid cases rise across more than half of the U.S. as country races to vaccinate

[CNBC] Chip shortage has Detroit automakers struggling to maintain truck production and meet orders

[Yahoo/Bloomberg] Australia’s Worsening Floods Crisis Impacting Coal, Agriculture

Monday Afternoon Links

[Reuters] Wall Street closes up on tech rebound; Tesla gains

[Yahoo/Bloomberg] Tech Leads Stock Gains as Treasury Yields Slide: Markets Wrap

[Yahoo/Bloomberg] Bond Dip Buyers Emerge After Treasury Selloff Hits Record Speed

[Reuters] Dollar falters, along with yields on U.S. treasuries

[Reuters] U.S. home sales tumble amid cold weather, tight supply

[Reuters] EU, China impose tit-for-tat sanctions over Xinjiang abuses

[Yahoo/Bloomberg] Debt Workout Talks Stall for Argentina’s Biggest Province

[Yahoo/Bloomberg] New Zealand Targets Speculators in New Assault on House Prices

[Bloomberg] U.S. Banks’ Loans Drop to Another Record Low as Deposits Surge

[FT] Biden’s advisers draw up plans for $3tn in new spending