MARKET NEWS / CREDIT BUBBLE DAILY

Thursday, May 27, 2021

MARKET NEWS / CREDIT BUBBLE DAILY
Thursday, May 27, 2021
Doug Noland Posted on May 26, 2021

[Yahoo/Bloomberg] Stocks Fluctuate After Economic Data; Bonds Drop: Markets Wrap

[Yahoo/Bloomberg] Gold Steadies Near Four-Month High as Central Banks in Focu

[Yahoo/Bloomberg] Oil Declines Below $66 as Investors Await Outcome of Iran Talks

[Reuters] U.S. weekly jobless claims drop sharply; second-quarter GDP growth unrevised at 6.4 pct

[Reuters] Biden to propose $6 trillion U.S. budget for in 2022 fiscal year – NYT

[Dow Jones] Biden’s Budget: What to Expect and What It Means

[Yahoo/Bloomberg] Orders for U.S. Business Equipment Rise More Than Forecast

[Reuters] U.S. consumers borrow more for longer to drive trucks and SUVs

[Yahoo/Bloomberg] U.S., China Trade Chiefs Hold ‘Candid’ Talks in First Call

[Yahoo/Bloomberg] World Faces Longer Supply Shortage as China’s Factories Squeezed

[CNBC] The Fed keeps expanding its powers and that’s making some people nervous

[Dow Jones] Federal Prosecutors Have Asked Banks for Information About Archegos Meltdown

[Yahoo/Bloomberg] Biden’s Top Man in Asia Says the Era of Engagement With China Is Over

[WSJ] ‘God Told Me to Put Money Into Hertz’: How Small Investors Are Upending Wall Street

[FT] Chinese business under pressure from rising commodity prices

[FT] Convertible debt sold by high-flying US groups falls back to Earth

[FT] Joe Biden faces Democratic tug of war over infrastructure package

[FT] China deploys hulking sand dredgers to crank up pressure on Taiwan

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