MARKET NEWS / CREDIT BUBBLE DAILY

Friday, April 17, 2020

MARKET NEWS / CREDIT BUBBLE DAILY
Friday, April 17, 2020
Doug Noland Posted on April 16, 2020

[Reuters] Super-charged global stocks race towards second weekly gain

[Reuters] Oil rises as Trump plans to ease lockdown

[Reuters] Trump to release guidelines for phased-in re-opening of U.S. economy

[Reuters] China’s first-quarter GDP posts first decline on record as virus shuts down economy

[Reuters] China March industrial output falls 1.1% y/y, better than forecast; Q1 investment slides 16.1%

[CNBC] Coronavirus live updates: Cases in Russia jump, Google told to respect data privacy

[AP] China’s economy in worst downturn since ’70s in virus battle

[AP] Europe car sales tank 55% in March on coronavirus lockdowns

[Bloomberg] Hedge Fund Hotshots Suffer Humbling Losses in Coronavirus Chaos

[Bloomberg] Meet Fed’s Nine New Offspring, Each With Different Market Role

[Bloomberg] Banks Have $13 Billion of Junk Debt They Can’t Wait to Sell

[NYT] China’s Economy Shrinks, Ending a Nearly Half Century of Growth

[WSJ] Coronavirus Ravages China’s Economy—and It’s Just Getting Started

[WSJ] Mnuchin Under Growing Pressure to Help Struggling Mortgage Companies

[FT] Editorial Board: Fed’s junk bond purchases should be short-term

[FT] Giant US bond managers suffer March bloodbath

[FT] Coronavirus threatens $500bn hole in US state budgets

[FT] Jair Bolsonaro triggers furore by firing Brazil’s health minister

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