Wednesday, May 12, 2021

Wednesday, May 12, 2021
Doug Noland Posted on May 11, 2021

[Yahoo/Bloomberg] Stocks Drop, Yields Rise After Inflation Surprise: Markets Wrap

[Reuters] Inflation fears stalk stocks

[Yahoo/Bloomberg] Taiwan Stocks Sink as Much as 8.6% on Virus Woes, Tech Rout

[CNBC] U.S. consumer prices rose 4.2% in April from a year ago, faster than expected

[Yahoo/Bloomberg] Transitory or Not, Signs of Inflation Are Roiling Asset Markets

[Yahoo/Bloomberg] U.S. Gulf Coast Refineries May Cut Output Due to Colonial Outage

[Yahoo/Bloomberg] Iron Ore’s ‘Ridiculous’ Prices to Stay as Fear Grips Commodities

[Yahoo/Bloomberg] U.S. Gasoline Prices Rise Above $3/Gallon First Time Since 2014

[Reuters] Taiwan warns on rising COVID-19 risk, stocks tank

[Yahoo/Bloomberg] Colonial Faces Deadline to Decide on Hacked Pipeline Restart

[Yahoo/Bloomberg] White House Faces Rising Pressure as Gasoline Shortages Grow

[Yahoo/Bloomberg] Taiwan Stock Crash Shows World Dangers of Too Much Leverage

[Reuters] China April loans fall more than expected as begins scaling back stimulus

[Reuters] China’s cabinet says it will cope effectively with fast rise in commodity prices

[Yahoo/Bloomberg] China’s Bond Defaults Pile Up at Fastest Pace on Record

[AP] Scientists race to study variants in India as cases explode

[AP] Escalating Mideast violence bears hallmarks of 2014 Gaza war

[Bloomberg] U.S. Consumer Prices Surged in April by Most Since 2009

[WSJ] Housing-Market Surge Is Making the Cheapest Homes the Hottest

[WSJ] U.S. Tariffs Drive Drop in Chinese Imports

[WSJ] Cathie Wood’s ARK Wasn’t Built for a Flood

[WSJ] Tin Prices Soar on Electronics Demand, Shipping Trouble

[FT] Markets weigh prospect of new commodities supercycle

[FT] US spending talks to test Biden’s bipartisan bona fides

[FT] Signs of inflation emerge as Chinese producer prices leap

[FT] Soaring house prices stoke fears of Canada ‘cost of living crisis’

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