Thursday, April 29, 2021

Thursday, April 29, 2021
Doug Noland Posted on April 28, 2021

[CNBC] S&P, Nasdaq 100 higher after Apple & Facebook beat estimates

[Reuters] Global shares gain lift from Fed, Biden’s stimulus

[Reuters] German yields hit one-year high as inflation exceeds ECB target

[Yahoo/Bloomberg] Steel Smashes Records as China Intensifies Emissions Crackdown

[Yahoo/Bloomberg] U.S. Recovery Gains Steam as Spending Fuels 6.4% GDP Growth

[Reuters] U.S. economy accelerates in first quarter; jobless claims edge lower

[Yahoo/Bloomberg] Global Chip Drought Hits Apple, BMW, Ford as Crisis Worsens

[Reuters] Next up for Fed’s Powell and the taper test: ‘string’ theory

[Yahoo/Bloomberg] Ford Sees $2.5 Billion Chip Shortage Cost, Lowers Outlook

[Reuters] Biden pleads for unity, warns of Chinese threat, in speech to Congress

[Reuters] Government money seen powering U.S. economy in first quarter

[Yahoo/Bloomberg] China’s Surprise Bond Reprieve Raises Fears of Crunch in May

[Reuters] China’s Big Five banks boost profits, but margins shrink

[Yahoo/Bloomberg] China Reins In Tech Giants’ Finance Arms After Hobbling Ma’s Ant

[CNBC] China has ‘no other choice’ but to rely on coal power for now, official says

[Reuters] German inflation pushes above ECB target in April

[Yahoo/Bloomberg] The Transformation of Marine Le Pen Has Macron’s Allies Worried

[UK Guardian] Speed at which world’s glaciers are melting has doubled in 20 years

[Bloomberg] Powell Breaks Out the ‘Froth’ Word When Asked About Markets

[Bloomberg] U.S. Tells Citizens to Get Out of India as Covid Crisis Deepens

[WSJ] Chinese Financial Regulators Issue Warning to Big Tech Firms

[WSJ] Beijing’s Squeeze on Fragile Real-Estate Developers Is Getting Real

[WSJ] Private Equity and Hedge Funds, Facing a New Tax Burden, Prepare Their Defense

[FT] Samsung says chips crunch hitting TV and appliance production

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