MARKET NEWS / CREDIT BUBBLE DAILY

Wednesday, August 18, 2021

MARKET NEWS / CREDIT BUBBLE DAILY
Wednesday, August 18, 2021
Doug Noland Posted on August 17, 2021

[Yahoo/Bloomberg] U.S. Stocks Choppy Amid Caution Over Covid, Fed: Markets Wrap

[Reuters] Stocks, oil and forex steady as markets await U.S. Fed minutes

[Yahoo/Bloomberg] Oil Climbs After Four-Day Slump With U.S. Stockpiles in Focus

[Reuters] Fed minutes likely to detail bond-buying taper talks, inflation worries

[AP] Housing construction slumps 7% in July to 1.53 million units

[Reuters] Mortgage rates hit their highest level in a month, and weekly demand drops

[Yahoo/Bloomberg] China Port Congestion Worsens as Ningbo Shuts for a Week

[Yahoo/Bloomberg] Evergrande Drops Further After Hui Steps Down From Key Role

[Yahoo/Bloomberg] China Plans $7 Billion Huarong Recapitalization Led by Citic

[CNBC] China calls for curbs on ‘excessive’ income and for the wealthy to give back more to society

[Reuters] California wildfire crisis escalates amid extreme winds

[Reuters] Sydney warned worse to come as Delta cases surge

[Yahoo/Bloomberg] Cathie Wood’s Strategy Draws More Skeptics as Returns Dwindle

[AP] In Taliban’s 7-day march to power, a stunning string of wins

[Bloomberg] Soaring Cost of Food Is Forcing Families to Scrimp at the Dinner Table

[Bloomberg] U.S. Reaffirms Commitment to Taiwan After Leaving Afghanistan

[FT] Top Fed official warns massive bond purchases are ill-suited for US economy

[FT] Rating agencies caution on corporate debt after US borrowing frenzy

[FT] China’s Xi calls for wealth redistribution and clampdown on high incomes

[FT] Evergrande on course to hit record number of legal cases

[FT] Weather shocks in Brazil ripple across global commodities markets

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