MARKET NEWS / CREDIT BUBBLE DAILY

Wednesday, June 23, 2021

MARKET NEWS / CREDIT BUBBLE DAILY
Wednesday, June 23, 2021
Doug Noland Posted on June 22, 2021

[Yahoo/Bloomberg] U.S. Stocks Steady; Oil Gains: Markets Wrap

[Reuters] Cyclical currencies lead after dust settles on Fed

[Yahoo/Bloomberg] Oil Climbs Above $73 With Report Pointing to Falling Stockpiles

[Reuters] Gold firms as Powell dials back rate hike rhetoric

[Reuters] Manufacturers have an answer to higher costs: Pass them on

[Yahoo/Bloomberg] U.S. Restaurants Boost Menu Prices at Fast Clip to Recoup Costs

[CNBC] Weekly mortgage refinance demand jumps as some fear end of super-low rates is near

[Reuters] Bostic: Fed should avoid ‘prematurely’ declaring win in jobs battle

[AP] From Biden to Congress, Big Tech is under mounting pressure

[Yahoo/Bloomberg] California’s Drought Is So Bad That Almond Farmers Are Ripping Out Trees

[Yahoo/Bloomberg] MMT Makes Inroads in China With Calls for Bigger Fiscal Stimulus

[Yahoo/Bloomberg] Czechs Lift Rates to Start Campaign Against Inflation Threat

[Reuters] China condemns latest U.S. warship transit of Taiwan Strait

[Reuters] Russia says it fires warning shots at British destroyer near Crimea, UK denies it

[Reuters] Hong Kong pro-democracy paper Apple Daily to print last edition on Thursday

[Bloomberg] Europe’s Economy Is Booming as Nations Cast Off Crisis Shackles

[Bloomberg] China Tests Metals Bulls With First Release of State Stockpiles

[Bloomberg] The SPAC Man Method: Inside the Billionaire Rush for Riches

[NYT] No End to Whiplash in Meme Stocks, Crypto and More

[WSJ] Fed’s Powell Plays Down Inflation Threat

[WSJ] Central-Bank Tapering Is Coming, and the Market Never Gets It Right

[WSJ] The Bonds That Cried Major Default Risk

[WSJ] Melting Arctic Ice Pits Russia Against U.S. and China for Control of New Shipping Route

[FT] Fed leadership tries to steady policy message after market gyrations

[FT] Downward spiral in liquidity is leading to more market shocks

[FT] Covid Delta strain risks spreading ‘like wildfire’ among unvaccinated in US

[FT] UK inflationary pressures hit record highs as economic activity rebounds

[FT] Central banks step up fight against cryptocurrencies

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