Monday, April 26, 2021

Tuesday's News Links

[Reuters] Stocks dip on caution before Fed, earnings

[Yahoo/Bloomberg] Huarong Bonds Slump as Fitch Cut Overshadows April Repayments

[Yahoo/Bloomberg] Oil Edges Higher With Virus Resurgence Looming Over Market

[Yahoo/Bloomberg] Copper Surges Toward $10,000 as Bulls Bet on Global Rebound

[CNBC] February home prices see the biggest gain in 15 years, S&P Case-Shiller says

[Yahoo/Bloomberg] Home Prices in U.S. Surge Most Since 2006 With Inventory Tight

[Yahoo/Bloomberg] U.S. Companies Bump Up Prices on Supply Squeeze and Demand Boom

[Associated Press] Biden to sign $15 minimum wage for federal contract workers

[Reuters] How the Fed may ace, or flub, its inflation call

[AP] What’s in Biden speech? Lawmakers race to add priorities

[Yahoo/Bloomberg] Bond Investors Take Ever-Riskier Bets in Hunt for Returns

[MSN/Bloomberg] America’s Ultra-Rich Fear Biden Will Close Their Favorite Tax Loopholes

[AP] US marks slowest population growth since the Depression

[Yahoo/Bloomberg] Huarong Is Said to Get State Bank Support to Repay Offshore Debt

[Yahoo/Bloomberg] Global Steel Boom Builds as Rampant Demand Overwhelms Supply

[Reuters] BOJ trims inflation forecast, signals prolonged easing as COVID pain persists

[Yahoo/Bloomberg] China Widens Internet Crackdown With Meituan Monopoly Probe

[Yahoo/Bloomberg] Putin’s Bid to Ditch Dollar Picks Up as Exports Move to Euro

[Yahoo/Bloomberg] Waterways Are Drying Up in Key South American Crop-Shipping Hubs

[CNBC] Tesla’s bitcoin speculation helped boost profits by more than $100 million in Q1

[Bloomberg] China Is Already Tapering Stimulus With Drop in Local Bond Sales

[Bloomberg] Previously Owned U.S. Homes Are Now More Expensive Than New Ones

[Bloomberg] Homebuilders’ Pain to Spell Record Earnings for Lumber Producers

[Bloomberg] Gilbert: Bankers Love Hedge Funds for a Very Good Reason

[WSJ] Companies Cheered by Post-Covid-19 Demand Have a Supply Problem

[FT] China’s Huarong suffers first debt downgrade after bond sell-off

[FT] Is a new variant driving India’s coronavirus catastrophe?

[FT] Total bank losses from Archegos implosion exceed $10bn

Monday Evening Links

[Yahoo/Bloomberg] Asian Stocks Dip After U.S. Record Ahead of FOMC: Markets Wrap

[Reuters] S&P 500, Nasdaq close at record highs ahead of tech earnings wave

[Yahoo/Bloomberg] China Huarong Cut by Fitch on Doubts Over Beijing Support

[Yahoo/Bloomberg] Japan’s Suga Risks Joining a Long List of Short-Term Leaders

Monday's News Links

[Yahoo/Bloomberg] U.S. Stocks Resume Rally to Record on Growth Bets: Markets Wrap

[Yahoo/Bloomberg] Crop Prices Soar to 8-Year High, Renewing Food Inflation Fears

[Yahoo/Bloomberg] Copper Hits Highest Since 2011 as Global Recovery Powers Metals

[Reuters] Precious - Palladium extends record run, gold steadies ahead of Fed

[Yahoo/Bloomberg] Peru Sol Hits Record Low as Leftist Takes Crushing Poll Lead

[Reuters] White House says capital gains tax would hit 0.3% of taxpayers

[Yahoo Finance] Inflation fears tear through C-suites this earnings season

[Reuters] U.S. auto dealers are winners as chip shortage lifts vehicle profits

[Reuters] Indian hospitals swamped by coronavirus as countries promise aid

[Yahoo/Bloomberg] Russia Ditches the Dollar in More Than Half of Its Exports

[Yahoo/Bloomberg] Chlorine shortage stands to wreak havoc on summer pool season: Goldman Sachs

[FT] Italy’s destiny hangs on €248bn recovery plan, says Draghi