MARKET NEWS / CREDIT BUBBLE DAILY

Tuesday, June 9, 2020

MARKET NEWS / CREDIT BUBBLE DAILY
Tuesday, June 9, 2020
Doug Noland Posted on June 8, 2020

[Reuters] Stocks fall as recovery rally pauses ahead of Fed meeting

[Reuters] Europe turns red as bulls run out of charge

[Yahoo/Bloomberg] Gold Advances Before Fed Meeting as Global Risk Rally Stalls

[Reuters] Oil down on stronger dollar, oversupply concerns

[AP] Fed acts to broaden appeal of ‘Main Street’ lending program

[Yahoo/Bloomberg] Fed Needs Better Answers on Runaway Markets and Inequality

[Yahoo/Bloomberg] Speculative Fervor in U.S. Stocks Surges to ‘Stunning’ Levels

[Yahoo/Bloomberg] Signs Stock Rally is Doomed to End After $21 Trillion Rebound

[MarketWatch] IPO market gears up for another busy week with 8 deals expected to raise $2 billion

[Reuters] China’s troubled Baoshang rescue exposes fault lines in bank reform drive

[CNBC] The U.S.-China ‘cold war’ is here — and Beijing may start targeting Washington’s allies, analysts say

[Reuters] German exports plunge as coronavirus wrecks demand in April

[Reuters] S&P cuts Japan’s debt outlook as spending surges during pandemic

[CNBC] Texas reports a record number of hospitalized coronavirus patients after state reopened early

[AP] North Korea says it will cut communication channels with South Korea

[Bloomberg] As Many as 25,000 U.S. Stores May Close in 2020, Mostly in Malls

[Bloomberg] Can the U.S. End China’s Control of the Global Supply Chain?

[Bloomberg] Outbreaks at 60 U.S. Food Plants Raise Specter of More Shortages

[FT] Fed faces tricky balancing act in recession response

[FT] Collapsing rates leave investors dangerously exposed to equity risk

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