Wednesday, August 25, 2021

Wednesday, August 25, 2021
Doug Noland Posted on August 24, 2021

[Yahoo/Bloomberg] Stocks Steady; China Tech Rebound Stalls: Markets Wrap

[Yahoo/Bloomberg] China Tech Stock Rally Fades as Regulatory Concerns Linger

[Yahoo/Bloomberg] Oil Extends Two-Day Rally as Demand Weathers Latest Virus Wave

[AP] House passes $3.5T Biden blueprint after deal with moderates

[Reuters] U.S. core capital goods orders flat in July; shipments increase

[Reuters] Analysis-Inflation vs jobs hole: A tradeoff the Fed still hopes to skirt

[CNBC] Mortgage rates fall for the first time in 3 weeks, but demand is still light

[Reuters] NFT sales surge as speculators pile in, sceptics see bubble

[Reuters] U.S. data show rising ‘breakthrough’ infections among fully vaccinated

[Reuters] COVID vaccine protection wanes within six months – UK researchers

[Yahoo/Bloomberg] China Vows to Retaliate If Blamed for Virus Leak: Virus Update

[Yahoo/Bloomberg] Country Now Comes Before Profit For Companies in Xi’s China

[Reuters] China to add ‘Xi Jinping Thought’ to national curriculum

[Yahoo/Bloomberg] Goldman’s China Hedge Fund Clients End Another Week With Losses

[Yahoo/Bloomberg] Hong Kong Dollar in Crosshairs on China Risk, Fed Rate Bets

[Yahoo/Bloomberg] Brazil’s Inflation Speeds Up With More Key Rate Hikes in Sight

[Yahoo/Bloomberg] Shortages From Chips to Paper Are Threatening Germany’s Recovery

[Bloomberg] Fed Policy Draws Chinese Criticism as PBOC Goes Its Own Way

[Bloomberg] Another Climate Risk for Cities: Higher Borrowing Costs

[NYT] Banks Are Bingeing on Bonds, but Not Because They Want To

[WSJ] Companies Strike While the Stock Market Is Hot

[WSJ] Chinese Factories Are Having Labor Pains—‘We Can Hardly Find Any Workers’

[FT] The ‘new’ Taliban and how it’s different

[FT] Japan and Taiwan to hold talks to counter Chinese aggression

[FT] Private schools distort China’s property market, frustrating Xi’s egalitarian quest

[FT] Distressed debt funds sparkle in Covid recovery

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