TOP MARKETS NEWS: Week 05/03 – 05/09

Weekend 05/08 & 05/09

Morgan Stanley Says “Rather Than Getting Excited, It’s Getting More Concerned” – Zerohedge
Retail Participation In Stock Trading Has Collapsed – Zerohedge
Hedge Fund CIO: There Are Just Two Ways To Fix Today’s Imbalances – An Economic Depression Or Soaring Inflation – Zerohedge
SpaceX accepts Dogecoin as payment to launch ‘DOGE-1 mission to the Moon’ next year – cnbc
Ethereum Soars To Record High Above $3,800 As JPMorgan Lays Out 6 Reasons Why Explosive Move Will Continue – Zerohedge
These stocks just scored upgrades from Wall Street’s best-performing analysts – cnbc
Hedge Funds Are The ‘Most Short’ Junk Debt Since Lehman – Zerohedge
Week Ahead: Thus spoke Zarathustra – nordea
At Record Highs, Copper “Is The New Oil” & Could Be A Double From Here – Zerohedge
Rising Bond Yields Threaten Financial Market Stability – Zerohedge
The Blockchain And The Future Of Everything – Zerohedge
It’s Not Just Soaring Inflation: Here Are The 4 Main Themes On This Quarter’s Earnings Calls – Zerohedge
Soaring Inflation Will Not Peak Before January 2022: Here’s How To Trade It – Zerohedge
Sell In May But Rush Back For July – Zerohedge
Major forecasts: Rise and shine – nordea
S&P 500 EARNINGS SEASON UPDATE: MAY 7, 2021 – insightfactset


Friday 05/07

Iron ore and copper hit record highs on global recovery hopes – business live – guardian

Dow jumps more than 200 points to another record as investors look past big jobs miss – cnbc
US Chamber Of Commerce Urges Biden To End Pandemic Handouts: “Paying People Not To Work” Is Killing The Recovery – Zerohedge
TSA Screens 1.64 Million People At Airports, Highest Since Pandemic Star – Zerohedge
Ugly Jobs Report Sends Dollar Lower and Stocks Higher?! – bk
Who’s Hiring And Who’s Firing In April: A Golden Age For Waiters And Card Dealers – Zerohedge
Greensill’s U.K. Creditors Set to Lose 80% After Firm’s Collapse – Bloomberg
April jobs report falls short of expectations. Five market analysts on the miss – cnbc
“Literally Shocking Data” – April Payrolls Miss Huge, Just 266K Jobs Added Below Expectations Of 1 Million – Zerohedge
Biden willing to accept 25% corporate tax rate to fund spending programs – Reuters
Watch: Elon Musk Calls Crypto “Speculation”, Says People “Should Not Invest Their Life Savings” In It – Zerohedge
The global chip shortage is starting to have major real-world consequences – cnbc
“Eurodollar Whale” Bet On J-Hole Policy-Pivot Explodes Ahead Of Jobs Print – Zerohedge
Citi weighs launching cryptocurrency services after surge in client interest- FT – Reuters
Gundlach Warns America’s “Unfunded Liabilities” Are $163 Trillion, More Than 5x National Debt – Zerohedge
Futures Rise Ahead Of Blockbuster Payrolls As Commodities Soar – Zerohedge
Equities attract $18.5 bln, but ‘bad news’ is global tapering has begun – BofA – Reuters
European stocks hit record high on strong German data, gains in Adidas – Reuters
Adidas reports 150% sales hike in China despite local boycott over human rights – cnbc
Why Have Bond Yields Gone Nowhere In The Past Month Despite Blowout Macro Data: Here Is Goldman’s Answer – Zerohedge
German trade surplus up to €20.5B in March – breakingthenews
Montana Is First State To Cancel Unemployment Benefits In Response To Unprecedented Worker Shortage – Zerohedge
Siemens ups profit and sales guidance again citing ‘good momentum’ – cnbc
China stocks end week lower as lofty valuations, Sino-West tensions weigh – Reuters

China posts rapid trade growth in April as recovery races ahead – Reuters
Tesla Q2 production capacity already sold out – report – breakingthenews


Thursday 05/06

Business Live – guardian

Fed warns about potential for ‘significant declines’ in asset prices as valuations climb – cnbc
Fed flags Archegos, meme stocks as examples of ‘elevated’ risk-taking – yahoofinance
Dow hits record, cyclicals rise on jobless claims data – Reuters
Dow jumps 300 points to hit another record close ahead of key April jobs report – cnbc
Here Comes The Hwangover: Prime Brokers Begin Slashing Hedge Funds’ Leverage After Archegos Debacle – Zerohedge
Stocks making the biggest moves midday: Uber, Etsy, Moderna & more – cnbc
US, China To Hold First Bilateral ‘Phase One’ Trade Deal Talks Since Biden’s Inauguration – Zerohedge
‘It’s very scary for renters right now’: Housing assistance is becoming more widely available, but the federal eviction ban is at risk – cnbc
Three Reasons Why The Biden Tax Increase Makes No Sense – Zerohedge
Initial Jobless Claims Fall To Pandemic Lows But Over 16 Million Americans Remain ‘On The Dole’ – Zerohedge
Dallas Fed President Spooks Stocks Again; Doubles-Down On Taper Comments – Zerohedge
Copper is ‘the new oil’ and low inventories could push it to $20,000 per ton, analysts say – cnbc
Futures Flat As Traders Look For Buying Catalyst – Zerohedge
Bank of England Is Latest Central Bank To Taper QE As It Suprcharges Economic Outlook – Zerohedge
ArcelorMittal reports best start to a year for a decade – Reuters
Here Comes The Squeeze: Goldman Prime Says Hedge Funds Shorted Tech For 9 Of The Past 10 Days – Zerohedge
UK service sector grows at fastest pace since 2013 in April – PMI – Reuters
“Eurodollar Whale” Bet On J-Hole Policy-Pivot Builds Ahead Of Payrolls – Zerohedge
European stocks near record high on strong AB Inbev, bank earnings – Reuters
Iron Ore, Steel Hit All Time High As Monster Commodity Rally Breaks Records – Zerohedge
Norway inches closer to normality, chief says – Reuters
Climate Wars: IEA Warns Governments To Stockpile Battery Metals – Zerohedge
Surge in German orders to test factory bottlenecks – Reuters
Trading rebound boosts earnings at France’s SocGen – Reuters
Trading and fees boost UniCredit’s profit as loan losses shrink – Reuters
World food price index climbs in April, highest since mid-2014 -FAO – Reuters
Fewer bad loans, ECB windfall boost Dutch bank ING – Reuters
Asia shares, commodities firm on recovery bets; A$ hit by China move – Reuters
China “Indefinitely” Suspends Economic Dialogue With Australia As Relations Continue To Deteriorate – Zerohedge
Bond Shorts Shake-Out Paves Way For Higher Yields In May – Zerohedge


Wednesday 05/05

Stocks Tumble As White House Backs WTO Plan To Waive IP Protections For COVID Vaccines – Zerohedge
Dow rises nearly 100 points to close at a record amid solid earnings – cnbc
Archegos Reportedly Files For Bankruptcy As Banks Scramble To Recoup $10 Billion In Losses – Zerohedge
U.S. backs waiving patent protections for Covid vaccines, citing global health crisis – cnbc
The Semi Saga Continues: TSMC Reportedly Plans US Expansion As Biden’s Commerce Chief Urges Domestic Production – Zerohedge
Stocks making the biggest moves midday: Peloton, Lyft, Nvidia & more – cnbc
WTI Holds Gains Above $66 After Big Crude Draw – Zerohedge
You have until May 17 to file your federal taxes—but here’s why you shouldn’t wait – cnbc
‘Anything But Transitory’ – US Services Sector Surveys Signal Serious Stagflation – Zerohedge
GBP – What to Expect from BoE – bk
Janet Yellen’s Flip-Flop And What She’s Really Telling Us – Zerohedge
Over 8 Million Jobs Below Pre-COVID Levels: ADP Employment Data Disappoints In April – Zerohedge
Pfizer Expects Vaccine Will Be “Durable Revenue Stream” As It Seeks Approval For Children 2 To 11 – Zerohedge
“Back To Normal” As Futures Rebound After Yellen Reversal – Zerohedge
Historic Reversal: For The First Time Ever Ether Options Trading Volume Surpasses Bitcoin’s – Zerohedge

Tuesday 05/04

The Rise of the Investor Generation: 15% of U.S. Stock Market Investors Got Their Start in 2020, Schwab Study Shows – Schwab
China’s Gen Z Splurges On Luxury As Its Debt-To-Income Nears An Insane 2,000% – Zerohedge