MARKET NEWS / CREDIT BUBBLE DAILY

Thursday, May 6, 2021

MARKET NEWS / CREDIT BUBBLE DAILY
Thursday, May 6, 2021
Doug Noland Posted on May 5, 2021

[Yahoo/Bloomberg] U.S. Stocks Steady After Jobless Claims Decline: Markets Wrap

[Yahoo/Bloomberg] Copper and Iron Ore Surge as Chinese Investors Unleash Demand

[Yahoo/Bloomberg] China Stocks Slump as Vaccine IP Waiver Proposal Hits Drugmakers

[CNBC] Jobless claims tumble in another sign the labor market is getting closer to pre-pandemic levels

[Yahoo/Bloomberg] ‘Frothy’ Stock Prices Pose Quandary for Powell in Mapping Policy

[Yahoo/Bloomberg] Fed Hawks Join the Chorus Playing Down Worries On Inflation

[Dow Jones] Millions Are Unemployed. Why Can’t Companies Find Workers?

[Yahoo/Bloomberg] BOE Slows Bond Buying as U.K. Economic Recovery Gathers Pace

[Yahoo/Bloomberg] Brazil Pledges Another ‘Sharp’ Rate Hike to Hit Inflation Target

[Reuters] ECB to inspect loans to shadow banks after Greensill, Archegos fiascos

[Reuters] China condemns G7 statement censuring Beijing, supporting Taiwan

[Yahoo/Bloomberg] China Suspends Economic Dialogue With Australia Amid Tensions

[Yahoo/Bloomberg] Cathie Wood’s Ark Battered by Selloff, Worst Run of Outflows

[Yahoo/Bloomberg] India Posts Record Cases, Deaths; Moderna Shots: Virus Update

[Bloomberg] Traders Push Inflation Gauge to 13-Year High as Debate Rages

[Bloomberg] Rents Soar for Millions of Americans as Threat of Eviction Looms

[Bloomberg] The Chip Shortage Keeps Getting Worse. Why Can’t We Just Make More?

[NYT] Biden Leans Into Plans to Tax the Rich

[WSJ] GameStop Frenzy, Archegos Meltdown May Prompt New SEC Rules, Chairman Says

[WSJ] Chicken Shortage Sends Prices Soaring, and Restaurants Can’t Keep Up

[FT] Crypto trading volumes boom as activity cools on stock markets

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