MARKET NEWS / CREDIT BUBBLE DAILY

Wednesday, August 11, 2021

MARKET NEWS / CREDIT BUBBLE DAILY
Wednesday, August 11, 2021
Doug Noland Posted on August 10, 2021

[Yahoo/Bloomberg] Stocks Turn Higher With Bonds on Inflation Data: Markets Wrap

[Reuters] Oil drops below $70 as U.S. urges OPEC+ to pump more

[Reuters] Gold gains on Delta variant concerns ahead of U.S. inflation data

[Yahoo/Bloomberg] China Evergrande Soars After Confirming Talks to Sell Assets

[CNBC] July consumer prices jump 5.4%, but core inflation rises less than expected

[CNBC] Weekly mortgage demand hints at return of the first-time homebuyer

[AP] Biden administration sounds alarm on rising energy prices

[Reuters] Manchin concerned about “grave consequences” of U.S. Senate’s $3.5 trln spending plan

[Reuters] Exclusive-Fed’s Barkin: U.S. “closing in” on taper, but could still take a few months

[Reuters] Fed’s Evans: Wants “few more” job reports before bond taper

[Yahoo/Bloomberg] China’s Credit Expands at Slowest Pace Since February 2020

[Reuters] China auto sales tumble for a third straight month in July

[Yahoo/Bloomberg] AMLO Is Sweeping Out Inflation Hawks in Overhaul of Central Bank

[AP] Pacific Northwest braces for another multiday heat wave

[Reuters] Taliban could take Afghan capital in 90 days- U.S. intelligence

[Bloomberg] Manic Robinhood Era Is Forcing Quants to Rethink Popular Trades

[Bloomberg] China Huarong Unit Rating Now Deep into Junk Territory at Fitch

[WSJ] Fed’s Evans Open to Reducing Asset Purchases Later This Year

[FT] Pace of US inflation stays at 13-year high in July

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