MARKET NEWS / CREDIT BUBBLE DAILY

Thursday, June 25, 2020

MARKET NEWS / CREDIT BUBBLE DAILY
Thursday, June 25, 2020
Doug Noland Posted on June 24, 2020

[Reuters] Stocks fall on virus fears ahead of jobless claims

[Reuters] Oil prices fall further on virus fears, U.S. crude stock build

[CNBC] U.S. hits highest single day of new coronavirus cases with more than 45,500, breaking April record

[Reuters] U.S. layoffs stay high as weak demand lingers despite businesses reopening

[AP] Orders for US big-ticket factory goods surge 15.8% in May

[CNBC]  Coronavirus live updates: Disney delays reopening for California parks as state reports record new cases

[CNN] The 3 most populous states are breaking coronavirus records, leading to fears of ‘apocalyptic’ surges

[CNBC] IMF warns disconnect in financial markets risks a correction in asset prices

[Reuters] Vaccine makers face biggest medical manufacturing feat in history

[Reuters] ECB hits back at German court challenge

[Bloomberg] U.S. May Exports Sink to 11-Year Low as Imports Drop

[Bloomberg] U.S. Recovery Looks to Be Ebbing in States With Virus Outbreaks

[Bloomberg] Funding Markets Becalmed by Fed Turn to a Murky Third Quarter

[Bloomberg] ECB Tackles German Court Ruling With Claim QE Helps the Economy

[Bloomberg] Quants Sound Alarm as Everyone Chases Same Alternative Data

[Bloomberg] Chinese Jets Buzzing Taiwan Show Long-Term Risk of War With U.S.

[FT] Kaufman: US capitalism has been shattered

[FT] US states put brakes on reopenings as new Covid-19 cases hit record

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