MARKET NEWS / CREDIT BUBBLE DAILY

Friday, August 7, 2020

MARKET NEWS / CREDIT BUBBLE DAILY
Friday, August 7, 2020
Doug Noland Posted on August 6, 2020

[Reuters] Wall Street dips on slowing job growth, U.S.-China tensions

[Reuters] Global equities snap four-day rally on U.S.-China frictions; dollar firm

[CNBC] Payrolls increase by nearly 1.8 million, topping expectations despite coronavirus resurgence

[AP] Virus aid talks on brink of collapse; sides ‘very far apart’

[AP] Trump bans dealings with Chinese owners of TikTok, WeChat

[AP] Congressional Democrats, White House see little progress in coronavirus relief talks

[CNBC] Coronavirus updates: Russia offers Philippines potential vaccine; key model predicts 300,000 U.S. deaths

[Reuters] China July trade surplus with U.S. at $32.46 billion

[Yahoo/Bloomberg] Turkey Abandons Credit Push to Avoid Rate Hike as Lira Tanks

[Yahoo/Bloomberg] Turkey’s Perilous Game With Markets Reaches a Crossroads

[Reuters] Brazil’s biggest lenders delay $44 billion in loan for consumers, companies

[Yahoo/Bloomberg] Markets Brace for U.S. Election Volatility. Well, Some of Them

[Bloomberg] Trump Widens China Tech Attack, Ordering Bans on Tencent, TikTok

[Bloomberg] Gold Set for Best Weekly Run Since 2006 After Rally to Record

[WSJ] White House Seeks Crackdown on U.S.-Listed Chinese Firms

[WSJ] Auto-Lending Binge Threatens to Unwind When Stimulus Measures Ease

[FT] Fed policy could leave retirees broke after crisis

[FT] Why is Silicon Valley so chilled about the cold war with China?

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