MARKET NEWS / CREDIT BUBBLE DAILY

Monday, June 7, 2021

MARKET NEWS / CREDIT BUBBLE DAILY
Monday, June 7, 2021
Doug Noland Posted on June 6, 2021

[Reuters] Stocks pinned near record highs as markets digest U.S. jobs data, global tax deal

[Reuters] Oil eases as investors await Iran nuclear talks this week

[Reuters] From lapsing job benefits to full stadiums, June could be U.S. recovery’s pivot

[Yahoo/Bloomberg] Energy chief cites risk of cyberattacks crippling power grid

[Yahoo/Bloomberg] Frozen But Not Forgiven, U.S. Student Loans Are Coming Due Again Soon

[Yahoo/Bloomberg] China’s Trade Boom Continues in May on Strong Global Demand

[Reuters] China’s imports grow at fastest pace in decade as materials prices surge

[Reuters] China May trade surplus with U.S. at $31.78 billion

[Dow Jones] China’s Evergrande Moves to Calm Nervous Investors

[Yahoo/Bloomberg] Peru Riven in Two With Presidential Election Too Close to Call

[Bloomberg] Dudley: The Fed Is Risking a Full-Blown Recession

[Bloomberg] Economist Who Said Inflation Was Dead Now Thinks It’s Alive

[NYT] Yellen Won a Global Tax Deal. Now Comes the Hard Part.

[WSJ] Crypto Frauds Target Investors Hoping to Cash In on Bitcoin Boom

[WSJ] Options Traders Bet on Return of $100 Oil

[WSJ] Federal Student-Loan Loss Forecast Rises by $53 Billion

[FT] Will Europe sign up to Joe Biden’s plan to counter China?

[FT] Chip shortage to last until at least mid-2022, warns manufacturer

[FT] Financial groups dash to raise short-term funding in US on the cheap

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