MARKET NEWS / CREDIT BUBBLE DAILY

Friday, July 31, 2020

MARKET NEWS / CREDIT BUBBLE DAILY
Friday, July 31, 2020
Doug Noland Posted on July 30, 2020

[Yahoo/Bloomberg] Stocks Rise; Gold Hits Record: Markets Wrap

[Yahoo/Bloomberg] U.S. Dollar Suffers Its Worst Month in a Decade

[Yahoo/Bloomberg] Gold Sets Fresh Record Heading for Best Month in Eight Years

[Yahoo/Bloomberg] Bond Yields Are Sending a Scary Signal on Stocks

[CNBC] Congress fails to agree on the next coronavirus stimulus deal as $600-a-week unemployment benefits expire

[Reuters] U.S. consumer spending rises for second straight month in June

[Reuters] The U.S. election is getting ugly – and investors are getting nervous

[Yahoo/Bloomberg] Carmakers Borrow Industry-Leading $132 Billion to Weather Covid-19

[CNBC] Coronavirus live updates: U.S. cases jump by 67,000; Sanofi, GSK nab $2.1 billion in vaccine deal

[Reuters] China’s factories accelerate recovery in July as demand perks up

[Reuters] Coronavirus may cost Latin America and Caribbean a decade: ECLAC

[CNN] Hong Kong postpones legislative elections for a year over coronavirus fears

[Yahoo/Bloomberg] French Economy Suffers Record Slump

[Reuters] Spain dives into deep recession, tourism woes bode ill for rebound

[Reuters] Portugal’s GDP slumps 14.1% in second quarter, biggest contraction ever recorded

[Bloomberg] Xi Speeds Up China’s Inward Economic Pivot in More Hostile World

[Bloomberg] Remdesivir Gets Lukewarm Endorsement From Experts in Covid Fight

[WSJ] Big Tech’s Embarrassment of Riches

[FT] Investors in gold and investors in bonds cannot both be right

[FT] US companies cling to share buybacks despite collapse in profits

[FT] Hope will not save US commercial properties

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