Monday, August 30, 2021

Monday, August 30, 2021
Doug Noland Posted on August 29, 2021

[Yahoo/Bloomberg] Stocks Steady After Powell’s Cautious Message: Markets Wrap

[Yahoo/Bloomberg] Gasoline Rises With Oil Little Changed as Ida Douses Refineries

[Reuters] Asian shares rise on dovish Fed chair, oil up as hurricane batters Louisiana

[Reuters] Gold prices hit 3-1/2-week high on Powell’s dovish tone

[Reuters] Housing affordability to worsen near-term, even as prices cool off

[Reuters] Wall St Week Ahead A blazing U.S. stock rally faces market’s toughest month

[Reuters] Ida pounds Louisiana, topples power lines and plunges New Orleans into darkness

[Reuters] New Orleans’ levees got a $14.5 billion upgrade. Will they hold?

[AP] Lake Tahoe threatened by massive fire, more ordered to flee

[Reuters] China says move to curb disorderly expansion of capital has shown initial results- state media

[Reuters] Factbox: From tech to education, China’s season of regulatory crackdown

[Reuters] Exclusive: China’s FX regulator surveyed banks, companies on yuan risk – sources

[Yahoo/Bloomberg] Huarong Posts $15.9 Billion Loss as Leverage Hit 1,333 Times

[Reuters] China Evergrande says it will not hold news briefing after H1 earnings

[Reuters] China market regulator says it will tighten oversight of sharing economy

[Reuters] Three hours a week: Play time’s over for China’s young video gamers

[Yahoo/Bloomberg] German Inflation Climbs to Highest Since 2008 on Energy Costs

[Yahoo/Bloomberg] Mobius Says Hold 10% in Gold as Currencies Will Be Devalued

[Yahoo/Bloomberg] Slumping Asian Currencies Face More Risk From Slowdown in China

[Reuters] Renewed activity at N. Korea nuclear reactor ‘deeply troubling’, IAEA says

[Bloomberg] New Covid Variant Found in South Africa Has Concerning Mutations

[Bloomberg] El-Erian: Fed’s Powell Cheers Markets But Risks a Mistake

[Bloomberg] Billionaire Paulson Who Shorted Subprime Calls Crypto ‘Worthless’ Bubble

[NYT] The World Is Still Short of Everything. Get Used to It.

[WSJ] Aluminum Notches Decade Highs on Soaring Demand, Snarled Supplies

[FT] Investors shun Chinese high-yield debt after Evergrande shock

[FT] George Soros: Investors in Xi’s China face a rude awakening

[FT] Drivers warn of burnout as global trucker shortage bites

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