Tuesday, August 31, 2021

Wednesday's News Links

[Yahoo/Bloomberg] Stocks Gain With Treasury Yields: Markets Wrap

[Reuters] Shares shrug off growth worries

[Yahoo/Bloomberg] Oil Steady as Traders Count Down Final Hours to OPEC+ Meet

[Reuters] U.S. private payrolls miss expectations in August -ADP

[CNBC] Weekly mortgage-refinance demand drops as interest rates stall

[Yahoo/Bloomberg] Fed’s Next Big Policy Debate: How to Define Maximum Employment

[Reuters] U.S. childcare in short supply as burned-out workers quit, new hires hard to find

[Yahoo/Bloomberg] Lake Tahoe Fire Threat Grows as High Winds Fan Flames

[Reuters] China's factory activity contracts for first time since April 2020

[Reuters] China to step up financing support for small firms

[Reuters] Asia factories hit by pandemic supply chain disruptions

[Yahoo/Bloomberg] Evergrande’s Total Liabilities Swell to Over $300 Billion

[Yahoo/Bloomberg] Huarong International Unit Slumps After 5-Month Share Suspension

[Yahoo/Bloomberg] Chinese Credit Beats Asian Peers as Huarong Worries Recede

[Bloomberg] China Economist Warns of Falling Property Prices, Debt Pressure

[Reuters] Inflation at risk of overshooting ECB expectations: Weidmann

[Reuters] Taiwan says China can 'paralyse' its defences, threat worsening

[WSJ] Refineries Potentially Face Weekslong Outages After Hurricane Ida

[WSJ] Social Security Costs Expected to Exceed Total Income in 2021 as Covid-19 Takes Financial Toll

[WSJ] Evergrande’s Grand Finale Won’t Be Pretty for Investors

[FT] Debt ceiling fight pushes money market funds to brink

Tuesday Evening Links

[Yahoo/Bloomberg] Asia Stocks Set to Dip on Recovery, Stimulus Risks: Markets Wrap

[Reuters] Wall St ends strong August with muted performance 

[Reuters] Treasuries - Yields rise, curve steepens in choppy market

[Yahoo/Bloomberg] Chile Shocks Markets With Biggest Rate Hike in Two Decades

[Yahoo/Bloomberg] Hot and Hungry, New Orleans Will Be in the Dark for Days

[CNBC] Two more factors have popped up that add to the Fed’s inflation worries

Tuesday Afternoon Links

[Reuters] Wall St hovers near record highs, S&P 500 set for strong August

[Yahoo/Bloomberg] Corn Crashes as Hurricane Ida Devastates Busiest U.S. Export Hub

[Reuters] U.S. consumer confidence falls to 6-month low; house prices post record gains

[Reuters] Mississippi highway collapses in Ida's wake, Louisiana grapples with power, water woes

[Yahoo/Bloomberg] Euro-Area Inflation May Justify End to ECB Crisis Mode, Says Knot

[AP] California fire approaches Lake Tahoe after mass evacuation