Thursday, May 6, 2021

Friday's News Links

[Reuters] Global stocks rally amid surging commodity prices 

[Yahoo/Bloomberg] Tech Leads Stock Gains After Weak Jobs: Markets Wrap

[Reuters] Gold heads for best week in 5 months on softer dollar, yields

[Yahoo/Bloomberg] Copper Jumps to Record as Growth Bets Supercharge Commodities

[CNBC] U.S. added just 266,000 jobs in April, and March payrolls revised lower

[CNBC] The global chip shortage is starting to have major real-world consequences

[Yahoo Finance] Homebuyer sentiment sinks to a 10-year low amid tight supply

[Yahoo/Bloomberg] From Archegos to Crypto, SEC Chief Signals Cop Is Back on Beat

[Reuters] China's export growth unexpectedly speeds up in April

[Yahoo/Bloomberg] Investors Prepare Taper Tantrum Strategy as Fed Demurs On Timing

[Dow Jones] China Private Services-Sector Gauge Rose in April

[Reuters] Mexico inflation accelerates to highest level in over 3 years

[Yahoo/Bloomberg] Traders Ramp Up Bets on a Hawkish Fed Surprise at Jackson Hole

[Yahoo/Bloomberg] Hedge Funds Make Biggest Short Bet on Junk Bonds Since 2008

[CNBC] India reports over 400,000 daily cases for the third time in a week as second wave hammers country

[Reuters] British scientists warn over Indian coronavirus variant

[NYT] Meme Stocks and Archegos: Fed Calls Out Financial Weak Spots

[Bloomberg] Fed Comes as Close as It Can to Saying ‘Bubble’

[Bloomberg] ECB’s Kazaks Says June Decision to Slow Bond-Buying Possible

[WSJ] From Dutch Tulips to Internet Stocks, How to Spot a Financial Bubble

[WSJ] The Global House Price Boom Could Haunt the Recovery From Covid-19

[WSJ] The Lithium Gold Rush: Inside the Race to Power Electric Vehicles

[FT] The ‘crowding out’ risk to the economy

Thursday Evening Links

[Yahoo/Bloomberg] Fed Warns of Peril for Asset Prices as Investors Gorge on Risk

[CNBC] Fed warns about potential for ‘significant declines’ in asset prices as valuations climb

[Reuters] Biden willing to accept 25% corporate tax rate to fund spending programs

[Reuters] Fed says stock market boom, 'ebullient' investors warrant caution

[Reuters] Treasury sell off in February highlights ongoing liquidity risk - Fed

[Dow Jones] Fed Says Covid is Major Financial Risk, Asset Prices Vulnerable to `Significant Declines' —Update

[Reuters] With 8 million Americans out of work, why are more companies not filling jobs?

[Yahoo/Bloomberg] Banks Are Making It Harder for Hedge Funds to Leverage Their Bets After Archegos

[CNN] Steel prices have tripled. Now Bank of America is sounding the alarm

[Yahoo/Bloomberg] China’s Bonds Are Near Pressure Points as Liquidity Tightens

[FT] Fed warns of hidden leverage lurking in financial system