MARKET NEWS / CREDIT BUBBLE DAILY

Tuesday, July 21, 2020

MARKET NEWS / CREDIT BUBBLE DAILY
Tuesday, July 21, 2020
Doug Noland Posted on July 20, 2020

[Reuters] Wall Street climbs on upbeat earnings reports, stimulus hopes

[Reuters] Gold jumps to nine-year peak on tepid dollar and stimulus

[Reuters] EU recovery fund lifts shares to five-month high

[AP] Senate panel now likely to back questionable Trump Fed pick

[CNBC] Don’t expect new coronavirus relief bill until August, top House Republican says

[CNBC] Coronavirus live updates: Quest reportedly warns it won’t be able to meet testing demand in the fall

[Reuters] EU reaches deal on post-pandemic recovery after marathon summit

[AP] EU nations clinch $2.1T budget, virus aid deal after 4 days

[Yahoo/Bloomberg] A $1 Trillion Glut of Bonds Is Dwarfing Central-Bank Demand

[Yahoo/Bloomberg] It’s Silver’s Turn to Shine as Prices Surge to Four-Year High

[Yahoo/Bloomberg] A Crucial Macro Hedge-Fund Trade Is Getting Turned Upside Down

[Bloomberg] Euro Is Turning Into ‘Credible’ Safe Haven After EU Rescue Deal

[Bloomberg] U.S. Dealmaking Heads for Best Month of 2020 After Pandemic Rut

[Bloomberg] Double-Shot Covid Vaccine Tests Raise New Pandemic Challenge

[WSJ] Republicans Put Down Marker on Next Coronavirus-Aid Bill

[WSJ] Soaring Silver Hits Multiyear High

[WSJ] Coronavirus Threatens the Luster of Superstar Cities

[FT] Is the rebound in America’s economy already over? 

[FT] Fears mount of a fresh Latin American debt crisis

[FT] US lab giant warns of new Covid testing crunch in autumn

[FT] The worst of Covid-19 may still be to come

[FT] ‘Blank-cheque’ blitz: Michael Klein leads Wall St charge into Spacs

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