Friday, July 17, 2020

Friday, July 17, 2020
Doug Noland Posted on July 16, 2020

[Reuters] Wall Street higher on optimism over economic recovery

[Reuters] Where did all the bulls go? Rallies stall as EU summit begins

[CNBC] U.S. housing starts total 1.186 million in June, vs 1.169 million expected

[Reuters] As big U.S. banks let customers delay payments, loan losses remain unclear

[CNBC] Coronavirus live updates: U.S. cases spiking as U.K. warns of what could go wrong

[Reuters] U.S. targets all Chinese Communist Party members for possible travel ban: source

[AP] Barr says US now overly reliant on Chinese goods, services

[AXIOS] Barr accuses U.S. firms like Disney and Apple of “bowing to Beijing”

[Reuters] On eve of bankruptcy, U.S. firms shower execs with bonuses

[Yahoo] ‘China’s goal is to replace you’: Barr warns leaders of America’s biggest businesses

[Reuters] China seizes financial firms linked to conglomerate

[Reuters] Hong Kong demands Taiwan officials sign ‘one China’ document for visa renewal, source says

[AP] Far apart: EU holds masked budget summit in pandemic times

[CNBC] European leaders gather for crunch talks on massive coronavirus fund

[Reuters] Brazil coronavirus cases reach two million, doubling in less than a month

[Reuters] ‘In the fight of our lives’: Australia posts surge in new COVID-19 cases

[AP] Alarm over new virus outbreaks as India cases pass 1 million

[Bloomberg] China Stocks’ Quickest Reversal Since 2015 Blindsides Investors

[Bloomberg] China’s Manic Traders Test the Communist Party’s Grip on Markets

[NYT] Mask Rules Expand Across U.S. as Clashes Over the Mandates Intensify

[WSJ] Jobs Recovery Shows Signs of Slowing as Virus Surges

[WSJ] The Trouble With a Bubble That Just Won’t Burst

[FT] Angela Merkel warns of significant obstacles to EU summit deal

[FT] New Yorkers fear return of ‘bad old days’ after shootings surge

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