MARKET NEWS / CREDIT BUBBLE DAILY

Friday, August 14, 2020

MARKET NEWS / CREDIT BUBBLE DAILY
Friday, August 14, 2020
Doug Noland Posted on August 13, 2020

[Reuters] Wall Street retreats as China data disappoints

[Reuters] World shares sink as data points to tepid economic revival

[Reuters] Dollar steadies, index heads for worst weekly run in decade

[Reuters] Euro zone bonds sell-off stops; inflation expectations at six-month highs

[CNBC] Coronavirus live updates: Congress leaves without passing relief bill; Fauci concerned with U.S. outbreak

[CNBC] Retail sales for July rose 1.2% vs. 2.3% estimate

[AP] Home prices climb to record in pandemic as buyers seek space

[AP] US productivity rises 7.3%, biggest increase since 2009

[Reuters] China’s economic recovery underwhelms as consumer comeback stays elusive

[Reuters] China’s July retail sales unexpectedly slip, factory output growth steady

[Reuters] For China’s landlords, rent-to-riches dreams fade in red flag for fragile economy

[CNBC] Empty apartments in Manhattan reach record high, topping 13,000

[Yahoo/Bloomberg] Turkish Gold Fever Spurs Dollar Oddity Unseen in Erdogan Era

[Reuters] Malaysia’s economy shrinks 17.1% in Q2, worst contraction in over 20 years

[Bloomberg] China Home-Price Growth Slows in July Amid Fresh Wave of Curbs

[Bloomberg] China’s Peer-to-Peer Lending Purge Leaves $115 Billion in Losses

[Reuters] Greek and Turkish warships in ‘mini collision’: defence source

[WSJ] Muni Defaults Surge, but Yields Don’t Follow

[WSJ] ‘Long-Short’ Funds Missed Their Moment

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