MARKET NEWS / CREDIT BUBBLE DAILY

Friday, May 28, 2021

MARKET NEWS / CREDIT BUBBLE DAILY
Friday, May 28, 2021
Doug Noland Posted on May 27, 2021

[Yahoo/Bloomberg] U.S. Stocks Rise; Treasuries Steady: Markets Wrap

[Yahoo/Bloomberg] Bitcoin Slumps as Traders Brace for a Volatile Long Weekend

[Reuters] Stocks push for record high on $6 trillion U.S. spending hopes

[CNBC] A key U.S. inflation gauge rose 3.1% year over year, higher than expected

[AP] US consumers boosted spending by a slight 0.5% in April

[Reuters] Summer’s about to start in America. So is sticker shock

[Reuters] U.S. drivers to get hit by soaring pump prices over Memorial Day holiday

[Yahoo/Bloomberg] China’s Warnings Come in Thick and Fast to Curb Inflation, Yuan

[Yahoo/Bloomberg] Goldman Says China Has Lost the Ability to Boss Commodity Prices

[AP] Pandemic or no, CEO pay rises again. Typical package: $12.7M

[CNBC] Russian hackers launch major cyberattack through U.S. aid agency’s email system, Microsoft says

[Yahoo/Bloomberg] Is Gold Set to Tear Even Higher? Four Key Charts to Watch

[Reuters] Global money market funds see massive inflows in the week to May 26-Lipper

[Yahoo/Bloomberg] Turkey Central Bank Replaces Key Executives in Latest Clearout

[Bloomberg] Authers: Dollar May Be on Brink of Sustained Downtrend

[WSJ] Convertible-Bond Sales Are Soaring in 2021—Often at 0% Interest

[FT] The price of breakfast: soaring costs bolster fears of global food inflation

[FT] Archegos fallout hits market for blank-cheque companies

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