Wednesday, March 24, 2021

Wednesday, March 24, 2021
Doug Noland Posted on March 23, 2021

[Yahoo/Bloomberg] Nasdaq Leads Market Higher as Yields Rise: Markets Wrap

[Yahoo/Bloomberg] Oil Climbs After Strong Europe Data and Suez Canal Blockage

[Yahoo/Bloomberg] U.S. Durable Goods Orders Decrease for First Time Since April

[CNBC] Homebuyer mortgage demand inches higher, but rates hit highest level since summer

[Yahoo/Bloomberg] Worst Bond Losses in Decades Show Volatility Starts to Sting

[Yahoo/Bloomberg] China’s $2.3 Trillion Hidden Debt Is Seen Climbing Even Further

[Reuters] Fitch warns reversion to rate cuts could trigger Turkey rating downgrade

[Yahoo/Bloomberg] Cash Is King for Emerging Nations Facing Spike in Funding Costs

[Yahoo/Bloomberg] China Considers Creating State-Backed Company to Oversee Tech Data

[Reuters] Bostic expects Fed to lift rates in 2023 – WSJ

[CNBC] Electric automakers must brace for rising battery materials costs, Goldman says

[Bloomberg] China Has Bought Only a Third of U.S. Goods Required by Trade Deal

[Reuters] Taiwan to ration water for 1 million households, tech hub unaffected

[Reuters] India detects ‘double mutant’ coronavirus variant in western state

[WSJ] Unusual Leap in Gas Prices Puts $3 a Gallon in Sight

[WSJ] Young ETF Buyers Discover the Tech Sector’s Old Friend, the QQQ

[WSJ] Canadian Housing Boom Raises Concern, With Homes Selling Far Above Ask Prices

[FT] Pandemic reveals weak links in global supply chain

[FT] The US needs to rediscover the meaning of investment

[FT] TSMC: how a Taiwanese chipmaker became a linchpin of the global economy

[FT] Erdogan’s tantrum is a sign of weakness

[FT] China’s tech giants face a reckoning with the regulators

[FT] Global supply chains face months of disruption from Texas storm

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