Wednesday, July 21, 2021

Thursday's News Links

[Yahoo/Bloomberg] Stocks Erase Gains, Treasuries Rise on Jobs Data: Markets Wrap

[Reuters] Stocks near record high after ECB talks of 'forceful' support

[Reuters] Dollar, yen in retreat as risk sentiment revives, Musk lifts bitcoin

[Yahoo/Bloomberg] Oil Rises After Biggest Gain in Three Months on Demand Recovery

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

[Yahoo/Bloomberg] ECB Revamps Guidance in Push to Hit Higher Inflation Goal

[CNBC] European Central Bank vows a ‘persistently accommodative’ stance in new guidance

[Reuters] Embedded as a risk, new COVID cycle could challenge Fed, recovery

[Yahoo/Bloomberg] Evergrande’s Worsening Crisis Piles Pressure on Founder to Act Fast

[Yahoo/Bloomberg] China’s Latest Easing Sparks a Shift Through Its Local Debt

[Reuters] From coal to cars, Chinese floods tangle supply chains

[Yahoo/Bloomberg] Unilever Sees Toughest Inflation Since 2008 Financial Crisis

[Bloomberg] Inflation Drumbeat Reverberates on Latest U.S. Earnings Calls

[Bloomberg] Zero-Down Mortgages Stoke U.S. Subprime-Like Fears in Canada

[NYT] Rising Rents Threaten to Prop Up Inflation

[WSJ] Fed Ramps Up Debate Over Taper Timing, Pace

[WSJ] Biden’s China Policy Borrows From Trump and Adds Allies to Raise Pressure

[WSJ] The Shortage of Starter Homes Extends Beyond Major Cities

[WSJ] Inflation Pushes Consumer-Goods Giant Unilever to Accelerate Price Increases

[FT] ECB vows to persist with negative rates in bid to fuel inflation

Wednesday Evening Links

[Yahoo/Bloomberg] Asia Stocks to Rise After Earnings-Led U.S. Climb: Markets Wrap

[AP] US virus cases nearly triple in 2 weeks amid misinformation

[AP] Infrastructure bill fails first vote; Senate to try again

[Reuters] Republicans nix U.S. infrastructure debate, which could resume next week

[Reuters] Some hedge funds stick with reflation trade despite bond position pain

[AP] A small victory: Used-car prices slip from dizzy heights

[Yahoo/LA Times] Summer of disaster: Extreme weather wreaks havoc worldwide as climate change bears down

[Bloomberg] Single-Family Rents Climbed at 6.6% Pace in May, CoreLogic Says

[FT] China rushes to set up bailout funds for indebted state-run firms

Wednesday Afternoon Links

[Yahoo/Bloomberg] Stocks Extend Rally Amid Strong Corporate Earnings: Markets Wrap

[Reuters] Wall Street ends higher, powered by strong earnings, economic cheer 

[Yahoo/Bloomberg] Treasuries Stall After Flunking Test of Demand for Lower Yields

[Yahoo/Bloomberg] Oil Stages a Comeback on Equity Advance and Lower U.S. Supplies

[Reuters] What, me worry? Fed chief's emotional tone can drive markets, study suggests

[Reuters] Warning signs for global recovery as Delta dims outlook

[Reuters] Global venture capital investments hit record high