Tuesday, March 23, 2021

Wednesday's News Links

[Yahoo/Bloomberg] Nasdaq Leads Market Higher as Yields Rise: Markets Wrap

[Yahoo/Bloomberg] Oil Climbs After Strong Europe Data and Suez Canal Blockage

[Yahoo/Bloomberg] U.S. Durable Goods Orders Decrease for First Time Since April

[CNBC] Homebuyer mortgage demand inches higher, but rates hit highest level since summer

[Yahoo/Bloomberg] Worst Bond Losses in Decades Show Volatility Starts to Sting

[Yahoo/Bloomberg] China’s $2.3 Trillion Hidden Debt Is Seen Climbing Even Further

[Reuters] Fitch warns reversion to rate cuts could trigger Turkey rating downgrade

[Yahoo/Bloomberg] Cash Is King for Emerging Nations Facing Spike in Funding Costs

[Yahoo/Bloomberg] China Considers Creating State-Backed Company to Oversee Tech Data

[Reuters] Bostic expects Fed to lift rates in 2023 - WSJ

[CNBC] Electric automakers must brace for rising battery materials costs, Goldman says

[Bloomberg] China Has Bought Only a Third of U.S. Goods Required by Trade Deal

[Reuters] Taiwan to ration water for 1 million households, tech hub unaffected

[Reuters] India detects 'double mutant' coronavirus variant in western state

[WSJ] Unusual Leap in Gas Prices Puts $3 a Gallon in Sight

[WSJ] Young ETF Buyers Discover the Tech Sector’s Old Friend, the QQQ

[WSJ] Canadian Housing Boom Raises Concern, With Homes Selling Far Above Ask Prices

[FT] Turkey’s money markets face ‘liquidity squeeze’ after lira tumble

[FT] Pandemic reveals weak links in global supply chain

[FT] The US needs to rediscover the meaning of investment

[FT] TSMC: how a Taiwanese chipmaker became a linchpin of the global economy

[FT] Erdogan’s tantrum is a sign of weakness

[FT] China’s tech giants face a reckoning with the regulators

[FT] Global supply chains face months of disruption from Texas storm

Tuesday Evening Links

[Yahoo/Bloomberg] Asia Stocks to Slip After U.S. Drop; Bonds Rally: Markets Wrap

[Reuters] Stocks slide as stimulus, infrastructure costs spook investors

[Yahoo/Bloomberg] Oil Plunge Deepens With Renewed Lockdowns Clouding Horizon

[Reuters] Yellen says post-crisis plans will move to infrastructure, taxes

[Reuters] Fed's Brainard: Central bank 'resolute' in using outcomes to shape policy

[Reuters] Fed's Bullard sees inflation at 2.5% this year, easing only slightly in 2022

[Yahoo/Bloomberg] The World Is Facing a Coffee Deficit in Supply Chain ‘Nightmare’

[FT] Yellen says tax rises needed to fund Biden infrastructure plan

[FT] Turkey’s money markets face ‘liquidity squeeze’ after lira tumble

Tuesday Afternoon Links

[Yahoo/Bloomberg] U.S. Stocks Slump as Oil Tumbles, Bonds Advance: Markets Wrap

[Yahoo/Bloomberg] Lira Plunge Squeezes Traders as Swap Rates Surge to 1,400%

[Reuters] Equities, oil prices dip on concerns over Europe COVID-19 surge

[Reuters] Oil tumbles 4% on concerns over Europe curbs, rollouts

[Reuters] Fed's Powell tells lawmakers inflation risk remains low

[Yahoo/Bloomberg] Powell Expects Inflation to Bump Up But It Won’t Get Out of Hand

[Yahoo/Bloomberg] Options Frenzy Powers Biggest Tech ETF Inflow Since Dot-Com Boom

[CNBC] New home sales take a hit as builders grapple with big delays and bigger costs

[CNBC] Wealth tax, estate tax, capital gains: Here’s how Democrats want to tax the super rich

[Reuters] COVID-19 surging dangerously in Brazil, WHO Americas branch warns

[Bloomberg] Worst Bond Losses in Decades Show Volatility Starts to Sting