MARKET NEWS / CREDIT BUBBLE DAILY

Tuesday, August 24, 2021

MARKET NEWS / CREDIT BUBBLE DAILY
Tuesday, August 24, 2021
Doug Noland Posted on August 23, 2021

[Yahoo/Bloomberg] Stock Rally Loses Steam as Virus Concerns Weigh: Markets Wrap

[Reuters] Asian stocks cling to gains as Fed taper worries ease

[Yahoo/Bloomberg] China Tech Stocks Rebound as Cathie Wood Joins Bargain Hunters

[Reuters] Gold steadies above $1,800/oz on Fed taper doubts

[AP] Moderates bring House to standstill in Biden budget clash

[Yahoo/Bloomberg] Powell’s Charm Offensive in Congress Positions Him to Keep Job

[Yahoo/Bloomberg] Fed’s Ability to Set Rates Floor Is Weakening on Cash Deluge

[Yahoo/Bloomberg] China’s Central Bank Vows to Boost Credit Support, Stabilize Money Growth

[Reuters] Moody’s downgrades China Huarong over $16 billion loss

[Reuters] G7 to meet on Afghanistan deadline, Taliban recognition

[CNBC] Three ways the victory of the Taliban might reverberate around the world

[Yahoo/Bloomberg] China Eyes $1 Trillion of Minerals With Risky Bet on Taliban

[Yahoo/Bloomberg] Harris Blasts China, Says U.S. Won’t Push Asia to Pick Sides

[Bloomberg] Fed Decries a Wealth Gap It Helps Perpetuate

[Bloomberg] Hedge Funds Are Hot Again. Good Luck Finding One That’ll Take Your Money

[Bloomberg] Korea Household Debt Posts Record Gain as Rate Hike Nears

[WSJ] Fed Chairman Powell Navigates the Inflation Debate

[WSJ] U.S. Crops Wither Under Scorching Heat

[FT] China’s courts take centre stage as defaults shake $17tn bond market

[FT] Supply chain woes leave companies struggling to cope

[FT] Scientists warn of increased frequency of extreme weather events

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