MARKET NEWS / CREDIT BUBBLE DAILY

Thursday, July 2, 2020

MARKET NEWS / CREDIT BUBBLE DAILY
Thursday, July 2, 2020
Doug Noland Posted on July 1, 2020

[Yahoo/Bloomberg] Stocks Rise After Jobs Report; Bonds Fall: Markets Wrap

[CNBC] US jobs increase by 4.8 million in June, vs 2.9 million estimate; unemployment rate at 11.1%

[CNBC] Weekly jobless claims rise more than expected in final week of June

[CNBC] Coronavirus live updates: U.S. reports a record 50,000 new cases in a day

[AP] Bars, restaurants pay price for California virus surge

[Yahoo/Bloomberg] Fed Mulls Explicit Forward Guidance, Stays Wary of Yield Targets

[Yahoo/Bloomberg] China’s Central Bank Is Signaling a Slower Pace of Easing

[Yahoo/Bloomberg] Ukraine Cancels Eurobond Sale After Central Bank Chief Quits

[CNBC] Manhattan apartment sales worst on record, biggest plunge in 30 years

[Reuters] Taiwan practices ‘enemy annihilation’ after China steps up activity

[Bloomberg] Fed Mulls Explicit Forward Guidance, Stays Wary of Yield Targets

[Bloomberg] China’s Corporate Debt Defaults Uncover Hidden Soft Spots

[Bloomberg] China Warns U.S., U.K. to Stop Criticism of New Hong Kong Law

[NYT] The Fed Sets Out Many Reasons to Worry About the Economy

[NYT] The ‘Rocket Ship’ Economic Recovery Is Crashing

[WSJ] Brace for an Autumn of Discontent

[WSJ] Coronavirus Surge Strains Municipal Bond Market, but Investors Still Pile In

[WSJ] How Success Against the Coronavirus Turned to Crisis in California

[WSJ] Nile Niami Is L.A.’s Megamansion King. Has He Built a House of Cards?

[FT] Fed’s Bullard says risk of financial crisis remains

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