MARKET NEWS / CREDIT BUBBLE DAILY

Thursday, July 30, 2020

MARKET NEWS / CREDIT BUBBLE DAILY
Thursday, July 30, 2020
Doug Noland Posted on July 29, 2020

[Yahoo/Bloomberg] Stocks Retreat as Earnings Roll In: Markets Wrap

[Reuters] Stocks fall as Fed’s pledge relief rally fades

[Yahoo] Donald Trump calls for delay to 2020 US presidential election

[AP] US economy shrank at record-breaking 33% rate last quarter

[CNBC] U.S. weekly jobless claims total 1.434 million, vs 1.45 million expected

[Reuters] China says U.S. fuelling new Cold War due to presidential election

[Yahoo/Bloomberg] A $158 Billion CLO Bet Is Putting the Insurance Industry at Risk

[Reuters] Hong Kong’s commercial lenders on edge as building values tumble

[CNBC] Coronavirus live updates: Daily U.S. cases top 70,000 again; study finds J&J vaccine protected monkeys with one dose

[Reuters] Coronavirus plunges German economy into record recession

[Reuters] Ravaged by coronavirus, Mexico’s GDP falls record 17.3% in second quarter

[Reuters] Daily coronavirus cases in India top 50,000 for first time

[Reuters] Australia reports record spike in coronavirus cases, 13 deaths

[Bloomberg] China’s Xi Sets His Sights on Taiwan After Subduing Hong Kong

[Bloomberg] Hong Kong Moves to Crush Opposition With Sweeping Candidate Ban

[NYT] Lawmakers, United in Their Ire, Lash Out at Big Tech’s Leaders

[WSJ] U.S. Economy Contracts at Record 32.9% Annualized Rate; Jobless Claims Rise to 1.43 Million

[WSJ] Europe’s Banks Take Hefty Charges as Coronavirus Impact Emerges

[FT] Fed plans for ‘the worst’ as it waits for Congress to act

[FT] A coronavirus vaccine could split America

[FT] We all need to reassess what we understand by the word ‘risk’

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