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MARKET NEWS / CREDIT BUBBLE DAILY

Monday, June 8, 2020

MARKET NEWS / CREDIT BUBBLE DAILY
Credit Bubble Daily • Jun 07 2020
Monday, June 8, 2020
Doug Noland Posted on June 7, 2020

[Reuters] Stocks rise on optimism over economic revival

[Reuters] World shares advance on surprise U.S. job recovery, oil steadies

[Yahoo/Bloomberg] Oil Erases Gains With Saudis Saying Extra Cuts for a Month Only

[CNBC] Coronavirus live updates: Global cases top 7 million; South Korea grapples with an uptick in infections

[Reuters] Japan bank lending surges at record pace in May as pandemic-hit firms hoard cash

[Yahoo/Bloomberg] China Monthly Car Sales Rise for First Time in Almost a Year

[Yahoo/Bloomberg] The Sinking Dollar Won’t Help Emerging Currencies, Barclays Says

[Yahoo/Bloomberg] China’s Yuan Weakness Shows in Record 16-Day Slide Versus Peers

[Yahoo/FT] German industry records historic 18% tumble in output

[Reuters] Italy’s debt unsustainable, will face eventual restructuring: Schroders

[Reuters] Stumbling angel? Mexico risks losing investment grade credit rating

[CNBC] Stanley Druckenmiller says he’s been ‘humbled’ by market comeback, underestimated the Fed

[Bloomberg] China Says Debt Payments Paused for 77 Nations After G-20 Deal

[Bloomberg] India Has Biggest 1-Day Jump in Cases, Again

[WSJ] California and Some Other States See Coronavirus Cases Rise

[WSJ] Some Economists Question Strength of China’s Labor Market

[FT] A new global crisis is looming in east Asia

Doug Noland Posted on June 7, 2020
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