MARKET NEWS / CREDIT BUBBLE DAILY

Tuesday, May 26, 2020

MARKET NEWS / CREDIT BUBBLE DAILY
Tuesday, May 26, 2020
Doug Noland Posted on May 25, 2020

[Reuters] S&P 500 surges on recovery, vaccine hopes

[Reuters] Europe’s travel sector soars, S&P 500 to break 3000 barrier

[Reuters] Oil prices climb as faith in supply cuts grows

[CNBC] Coronavirus live updates: Gottlieb sees U.S. hospitalizations ticking up; Merck joins the vaccine race

[Yahoo/Bloomberg] The Bond Market Thinks It Knows What’s Coming Next From the Fed

[Reuters] Exclusive: ECB prepares for the worst: life without the Bundesbank – sources

[Reuters] BOJ’s Kuroda says ready to do more for economy after emergency lifts

[Reuters] China to strengthen policy, lower lending rates: PBOC Governor

[Yahoo/Bloomberg] Foreigners Flee India’s Bonds Just When It Needs Them Most

[Reuters] Special Report: Bolsonaro brought in his generals to fight coronavirus. Brazil is losing the battle

[Yahoo/Bloomberg] Speculators Target Hong Kong’s Currency on Outflow Concern

[Yahoo/Bloomberg] China Will Maintain Stimulus Even as Economy Improves

[Reuters] China’s Xi urges preparedness for military combat amid coronavirus epidemic: state TV

[WSJ] U.S. Moves to Audit Chinese Firms. Market Frets Over What Comes Next.

[WSJ] Mortgage Credit Tightens, Creating Drag on Any Economic Recovery

[WSJ] As Its Economy Slows, China Embraces a Weaker Currency

[WSJ] Hong Kong in Shock as China’s Xi Jinping Goes for ‘Nuclear Option’

[FT] Can New York avoid a coronavirus exodus?

[FT] Market ‘distress’ over virus sparked emergency Wall St measures

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