MARKET NEWS / CREDIT BUBBLE DAILY

Wednesday, August 4, 2021

MARKET NEWS / CREDIT BUBBLE DAILY
Wednesday, August 4, 2021
Doug Noland Posted on August 3, 2021

[Yahoo/Bloomberg] Stocks Dip on Mixed Earnings; Treasuries Gain: Markets Wrap

[Reuters] Gold edges higher as investors strap in for U.S. jobs data

[Yahoo/Bloomberg] Treasuries Feel Global Pull of Sub-Zero Yields on Virus Concerns

[Reuters] U.S. private payrolls growth slows in July- ADP

[Reuters] Mortgage rates fall below 3% for first time since February – MBA

[AP] Huge California fire grows as heat spikes again across state

[Reuters] Growth in China’s July services activity speeds up, but risks loom – Caixin PMI

[CNBC] ‘Made in China’ products are running into new logistics problems

[Yahoo/Bloomberg] China’s Delta Outbreak Cuts Travel, Prompting GDP Downgrades

[AP] China seals city as its worst virus outbreak in a year grows

[Reuters] Japan’s service sector activity shrinks at faster pace in July – PMI

[Yahoo/Bloomberg] Suspected Ship Hijack Near Iran Ends as Mideast Tensions Spike

[NYT] Big Economic Challenges Await Biden and the Fed This Fall

[WSJ] Businesses Are Loading Up on Credit. Spending Could Follow.

[FT] ‘It has never been like this’: US house price spiral worries policymakers

[FT] Short sellers double bets against China Evergrande’s bonds

[FT] Archegos employees face losing up to $500m in deferred bonuses

[FT] US ‘moving forces’ to investigate suspected tanker seizure in Gulf

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