MARKET NEWS / CREDIT BUBBLE DAILY

Monday, May 3, 2021

MARKET NEWS / CREDIT BUBBLE DAILY
Monday, May 3, 2021
Doug Noland Posted on May 2, 2021

[Yahoo/Bloomberg] U.S. Equities Advance With European Stocks: Markets Wrap

[Reuters] Stocks rally as investors begin May in bullish mood

[Reuters] Precious – Gold rises as U.S. dollar, Treasury yields retreat

[Reuters] Analysis: Biden, Powell paddling in same direction on policy front

[Yahoo/Bloomberg] Euro-Area Factories Face Unprecedented Supply-Chain Delays

[Reuters] Euro zone factories raced ahead in April, prices jumped – PMI

[Yahoo/Bloomberg] China Huarong Seeks to Reassure Investors That It Can Repay Debt

[Yahoo/Bloomberg] Credit Suisse Gave Archegos Big Leverage for Little Collateral

[Yahoo/Bloomberg] SPAC Crackdown Threatens Gauzy Forecasts That Power EV Startups

[Reuters] New Zealand’s Ardern says differences with China becoming harder to reconcile

[Bloomberg] Intel CEO Says Chip Shortage Will Persist for ‘Couple of Years’

[Bloomberg] Philippines Slams China for ‘Dangerous Maneuver’ in Disputed Sea

[WSJ] Record Lumber Prices Lift Sawmills, While Homeowners, Do-it-Yourselfers Pay Up

[FT] El-Erian: Fed framework holds central bank hostage

[FT] Commodities supercycle arrives as pandemic recedes

[FT] Collapsing yields on risky US debt test investors’ limits

[FT] Credit Suisse made just $17.5m in Archegos fees in year before $5.4bn losses

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