Monday, August 30, 2021

Tuesday's News Links

[Yahoo/Bloomberg] Stocks Slip on European Taper Debate: Markets Wrap

[Reuters] Gold prices edge back towards 1-month peak as dollar, yields slip

[Yahoo/Bloomberg] The Dollar Is Falling Against Everything Ahead of Key Jobs Data

[Yahoo/Bloomberg] Evergrande Flags Default Risk From Cash Crunch; Bonds Fall

[AP] US home prices soar at record pace in June

[Yahoo/Bloomberg] Fed Now Risks Too-Slow Taper After Too Fast in 2013, Rajan Says

[Yahoo/Bloomberg] China’s Services Sector Contracts Amid Delta Virus Outbreak

[Reuters] China's economy under pressure as factory activity slows in Aug, services contract

[Reuters] Euro zone inflation surges to 10-year-high, in headache for ECB

[Yahoo/Bloomberg] ECB Should Reduce Crisis Stimulus, Focus on Inflation: Holzmann

[AP] Thousands face weeks without power in Ida’s aftermath

[Reuters] Residents, tourists scramble to evacuate as California fire nears Lake Tahoe

[Reuters] Exclusive: China regulator probes Ping An Insurance's property investments -sources

[Reuters] Young Chinese gamers vent at Beijing's new rules as shares in gaming companies slide

[Reuters] China culture crackdown a sign of 'profound' political change - commentary

[Bloomberg] Xi Approves Action on Everything From Monopolies to Pollution

[WSJ] Entergy Says 2,000 Miles of High-Voltage Lines Knocked Out by Hurricane Ida

[WSJ] House Rents Pop Up as New Investors Pile In

[FT] Heavily indebted Chinese developer Evergrande warns of default risk

[FT] Chinese media back diatribe calling for crackdown to be expanded

[FT] US investors bank on derivatives to guard against stocks slowdown

[FT] The troubling parallels between supply chains and securitisation

Monday Evening Links

[Yahoo/Bloomberg] Asian Stocks Dip as Traders Mull U.S. Rally, China: Markets Wrap

[CNBC] Stock futures inch higher as S&P 500 looks to wrap up 7th winning month in a row

[Yahoo/Bloomberg] Oil Poised for Biggest Monthly Loss This Year Before OPEC+ Meet

[Reuters] Robinhood shares tumble after PayPal news, SEC scrutiny of key revenue stream

[Reuters] Ida's fury hits U.S. oil production, gasoline supplies

[Reuters] Hurricane Ida damages Louisiana grain terminal, disrupts exports

[Reuters] Fed's Mester not ready to accept recent inflation surge as meeting central bank's goal

[AP] Wildfire evacuees flood Lake Tahoe roads in rush to flee

Monday Afternoon Links

[CNBC] S&P 500, Nasdaq hit record highs as tech stocks climb 

[Reuters] Rescue operations underway in Louisiana as Ida death toll expected to rise

[Yahoo/Bloomberg] Destroyed Buildings, Tree Limbs Litter New Orleans: Ida Update

[Reuters] Already tight U.S. East Coast gasoline supplies face hurricane squeeze

[Yahoo/Bloomberg] Rails Brace for Gridlock After Ida Hammers New Orleans Hub

[Yahoo/Bloomberg] Ex-Fed Official Lacker Warns Powell in ‘Tough Spot’ on Inflation

[Yahoo/Bloomberg] Cracks Are Emerging in the Fed’s Floor as Key Target Rate Slides

[Reuters] U.S. pending home sales drop for second straight month in July

[Reuters] China says move to curb disorderly expansion of capital has shown initial results- state media

[Yahoo/Bloomberg] Inside the Huarong Bailout That Rocked China’s Financial Elite

[Yahoo/Bloomberg] Chinese Regulator Vows to Crack Down on Private Equity Funds