MARKET NEWS / CREDIT BUBBLE DAILY

Thursday, July 23, 2020

MARKET NEWS / CREDIT BUBBLE DAILY
Thursday, July 23, 2020
Doug Noland Posted on July 22, 2020

[Reuters] Stocks gain as upbeat earnings outweigh U.S.-China tensions

[Reuters] Dollar hits four-month low, yuan recovers as Sino-U.S. tensions simmer

[CNBC] U.S. weekly jobless claims total 1.416 million, vs 1.3 million expected

[CNBC] Mnuchin says GOP plan for unemployment extension will be based on ’70% wage replacement’

[Reuters] China state media blasts Houston consulate shutdown as Trump election gambit

[CNBC] Coronavirus live updates: U.S. nears 4 million cases; U.K.‘s Johnson calls for vigilance ahead of ‘colder months’

[Yahoo/Bloomberg] U.S. Bond Markets Are Driving Force Behind the New Gold Rush

[Yahoo/Bloomberg] Shale Lenders in Retreat After Decade That Fueled Oil Boom

[Yahoo/Bloomberg] Fannie-Freddie Risk Bonds Threaten Big Losses for Fund Managers

[CNBC] Home prices in the Hamptons hit record as wealthy New Yorkers flee to the beach

[Reuters] Australia forecasts biggest postwar fiscal deficit on virus-driven stimulus

[Reuters] Brazil, Argentina hit coronavirus records as Latin America exceeds four million cases

[Bloomberg] China Consulate Fight Shows Trump’s Hardliners Are in Charge

[Bloomberg] Xi’s Own Campaign to Stay in Power Pits China Against the World

[Bloomberg] Asia’s Aggressive Virus Resurgence Highlights Global Containment Challenge

[WSJ] U.S. Braces for Chinese Diplomatic Retaliation as Ties Break Down

[FT] US real yields tumble in a sign of prolonged Fed support

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