MARKET NEWS / CREDIT BUBBLE DAILY

Tuesday, July 7, 2020

MARKET NEWS / CREDIT BUBBLE DAILY
Tuesday, July 7, 2020
Doug Noland Posted on July 6, 2020

[Reuters] Stocks ease after five-day run as virus worries weigh

[AP] Global stocks slip as virus outbreaks dim hopes for rebound

[Reuters] Pompeo says U.S. looking at banning Chinese social media apps, including TikTok: Fox

[CNBC] States in fiscal crisis and cuts to basic services loom as coronavirus ravages local economies

[Reuters] Hospitalizations jump 50% in California as coronavirus infections soar

[MSN/Washington Post] States mandate masks, begin to shut down again as coronavirus cases soar and hospitalizations rise

[Yahoo/Bloomberg] Fallen Hedge Fund’s Head Among Money Managers Getting PPP Relief

[Reuters] EU sees deeper recession, less steep rebound for euro zone

[Yahoo/Bloomberg] All Eyes on China’s Unstoppable Stocks After $460 Billion Rally

[Yahoo/Bloomberg] Lansdowne to Shut Main Hedge Fund in Retreat From Shorting

[MSN/Bloomberg] Bolsonaro Undergoing Covid-19 Test After Showing Symptoms

[Bloomberg] U.S. Home Prices Seen Falling 6.6% on Covid-19 Economic Damage

[Bloomberg] Chinese Trading Apps Struggle as Millions of Investors Pile In During Rally

[WSJ] The World Can’t Take Much More Shale Gas

[WSJ] China Orders Up a ‘Healthy Bull Market,’ and Stocks Oblige

[WSJ] Chinese Developer Fails to Repay Bondholders

[FT] Federal Reserve official warns US recovery may be ‘levelling off’

[FT] China’s support for US dollar can no longer be relied upon

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