MARKET NEWS / CREDIT BUBBLE DAILY

Wednesday, May 5, 2021

MARKET NEWS / CREDIT BUBBLE DAILY
Wednesday, May 5, 2021
Doug Noland Posted on May 4, 2021

[Yahoo/Bloomberg] Tech Leads Rebound in U.S. Stocks; Oil Advances: Markets Wrap

[Yahoo/Bloomberg] Oil Extends Rally With Brent Nearing $70 After Stockpiles Drop

[Reuters] Metals – Copper hits 10-year high, eyes record levels on demand hopes

[Reuters] Meme-based cryptocurrency Dogecoin soars 40% to all-time high

[Reuters] U.S. private payrolls increase solidly in April – ADP

[CNBC] Weekly mortgage demand stalls as rates rise and fierce competition hurts home sales

[Yahoo/Bloomberg] Inflation Risk Intensifies With Supply Shortages Multiplying

[Reuters] NY Fed’s Williams says central bank’s bond buying doesn’t appear to be creating imbalances in financial sector: WSJ

[Yahoo/Bloomberg] Biden’s Fed Choices Add Uncertainty for Inflation-Wary Investors

[Yahoo/Bloomberg] Iron Ore’s Blistering Rally Sets Sights on $200 as Steel Booms

[Yahoo/Bloomberg] Crypto Mania Sends Doge Soaring, Crashes Robinhood Token Trading

[CNBC] U.S. birth and fertility rates in 2020 dropped to another record low, CDC says

[Yahoo/Bloomberg] Brazil Plows Ahead With Interest Rate Hikes: Decision Day Guide

[Yahoo/Bloomberg] UBS’s Weber Apologizes for Archegos Loss, Urges Transparency

[Bloomberg] Chicago Says Goodbye to CME’s Last Commodity Trading Pits

[Bloomberg] RBNZ Prepared to Tighten Lending Further as House Prices Soar

[WSJ] Yellen Says She Isn’t Predicting Higher Interest Rates

[WSJ] Everything Screams Inflation

[WSJ] Banks in Archegos Aftermath Tighten Credit Lines, Scrutinize Swaps

[WSJ] Resilient Services Sector Points to Global Economic Pickup, Despite Covid-19 Flare-Ups

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