MARKET NEWS / CREDIT BUBBLE DAILY

Monday, August 2, 2021

MARKET NEWS / CREDIT BUBBLE DAILY
Monday, August 2, 2021
Doug Noland Posted on August 1, 2021

[Yahoo/Bloomberg] Stocks Rise Amid Earnings Optimism; Dollar Dips: Markets Wrap

[Reuters] Dollar resumes downtrend after worst week since May

[Yahoo/Bloomberg] Chinese Stocks Jump as Beijing Signals More Economic Support

[Yahoo/Bloomberg] Crude Oil Retreats as Investors Weigh Delta, Iranian Tensions

[CNBC] Treasury Dept to invoke ‘extraordinary measures’ as Congress misses debt-ceiling deadline

[Reuters] U.S. labor revival in doubt as Delta raises worries about ‘back to school’

[Reuters] Delta spreads ‘like wildfire’ as doctors study whether it makes patients sicker

[Reuters] Resilient factories battling with delays, rising costs

[Yahoo/Bloomberg] China’s Politburo Signals Targeted Support as Growth Risks Mount

[Yahoo/Bloomberg] Huarong Moves to Restructure, Exit Units in Downsizing Push

[Reuters] China’s July factory activity growth slips to 15-month low – Caixin PMI

[Reuters] Asian factory activity hit by rising costs, Delta variant

[CNN] Delta variant challenges China’s zero Covid strategy — and raises questions over its vaccine efficacy

[Reuters] Iran warns of response if security threatened after ship attack – TV

[WSJ] Fed Chairman Powell’s Approach to Regulation Has Drawn Criticism From Some Democrats

[WSJ] Companies Pay New Workers Higher Wages, and Current Employees Ask, ‘What About Us?’

[FT] Risky US loans face pushback from investors spoilt for choice

[FT] Analyst ‘buy’ ratings reach 18-year high in upbeat US earnings season

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