Monday, August 9, 2021

Tuesday's News Links

[Yahoo/Bloomberg] Stocks Climb; Oil Rebounds: Markets Wrap

[Reuters] U.S. Treasury yields extend rising run on Fed taper talk

[Yahoo/Bloomberg] Oil Rebounds From Three-Week Low as Recovery Withstands Delta

[Reuters] U.S. small business optimism drops as labor shortages persist

[Reuters] U.S. Senate poised to pass $1 trillion infrastructure bill, debate $3.5 trillion budget plan

[Yahoo/Bloomberg] U.S. Inflation to Stay Hot in July as Sellers Flex Pricing Power

[Yahoo/Bloomberg] Bond Yields’ Path Back to 2020 Highs Lies With Convexity Hedging

[Reuters] Moderna may be superior to Pfizer against Delta; breakthrough odds rise with time

[CNBC] Fully vaccinated people are still getting infected with Covid. Experts explain why

[Yahoo/Bloomberg] Evergrande Units, Bonds Surge on Report of Units’ Stake Sale

[Yahoo/Bloomberg] China’s Central Bank Outlook Fuels Calls for Policy Easing

[Newsweek] China Recalls Envoy to Lithuania In Spat Over De Facto Taiwan Embassy Opening

[Yahoo/Bloomberg] Australia Business Gloom Deepens as Delta Upends Economy

[Bloomberg] Fed’s $8 Trillion Balance Sheet Will Only Grow

[Bloomberg] Why Xi Jinping Waited Years to Launch His Crackdown on Tycoons

[Bloomberg] Brazil Consumer Prices Rise More Than Expected After Rate Hike

[NYT] Evergrande Went From China’s Biggest Developer to One of Its Worst Debtors

[WSJ] Progressive Opposition to Jerome Powell Clouds His Chances for Second Term as Fed Chairman

[WSJ] Millions of Americans Are Unemployed Despite Record Job Openings

[WSJ] Chinese Bond Swings Threaten Global Debt Investors

[FT] US debt investors spooked by Delta variant concerns

[FT] Washington vs Big Tech: Lina Khan’s battle to transform American antitrust

[FT] Joint Russian and Chinese military exercise stirs US unease

Monday Afternoon Links

[Reuters] Oil stocks pull S&P 500, Dow lower as virus fears weigh 

[Reuters] Treasuries - Yields rise on record job openings, Fed taper talk

[Reuters] Stocks tread water as gold, oil declines spook sentiment

[Reuters] Fed officials say tapering is near, advancing discussion on rate hike

[AP] Rosengren: Fed should begin slowing stimulus efforts by fall

[CNBC] Democrats release sprawling budget plan as Senate moves to pass bipartisan infrastructure bill

[Reuters] U.S. job openings surge to new record high, hiring increases

[AP] ‘Code red’: UN scientists warn of worsening global warming

[Bloomberg] Consumer Inflation Expectations Hit Eight-Year High in Fed Study

[Bloomberg] Fed’s Bostic Urges Faster Bond Taper as Economy Strengthens