Friday’s links

Thursday’s links

Fed puts $18 trillion U.S. government bond market under lockdown – MarketWatch
U.S. Economy Shrinks at Record 32.9% Pace in Second Quarter – Bloomberg
Controversy over seigniorage at Central Bank of Lebanon – FT

Wednesday’s links

US Treasuries: the lessons from March’s market meltdown – FT
Central Banks have Become Irrelevant – Russell Napier
Gold’s Record Rally Fueled by Unlikely Buyers – Bloomberg
Dollar weakens after Federal Reserve boosts liquidity measures – FT

Tuesday’s links

‘Trouble’s coming,’ warns short-selling legend – Marketwatch
Fed Will All But Guarantee Negative Real Yields – Yahoo Finance
Trump’s $1 trillion rescue plan is too small to save America’s faltering recovery – Telegraph
Goldman Warns USD Role as World Reserve Currency Is at Risk – Bloomberg
Rage against central banks is misdirected – FT Opinion

Monday’s links

Gold skyrockets to an all-time high; analysts now see the precious metal hitting $2,000 – Business Insider
US dollar on course for worst July in a decade – Bloomberg
Mighty short squeeze may be building in gold – John Authers, Bloomberg
Dollar sinks to two-year low on concern over US virus toll – FT
Desperate hunt for yield forces investors to take ‘extreme risk’ – FT

Saturday’s links

EU: borrowing to prevent a North-South split – FT
Investors take stock of Europe’s ‘monumental’ Covid deal – FT
The covid-19 pandemic is forcing a rethink in macroeconomics – Economist

Friday’s links

Gold Tops $1,900 as Veteran Mobius Says Buy Now and Keep Buying – Bloomberg
Chanos: ‘We are in the golden age of fraud’ – FT
A Hedge Fund Bailout Highlights How Regulators Ignored Big Risks – NY Times
Fed regulator is fed up with hedge funds’ behaviour – FT

Thursday’s links

ECB’s Strategic Review Will Take a Deep Dive Into Fiscal Policy – Bloomberg
U.S. Bond Markets Are Driving Force Behind the New Gold Rush – Bloomberg
Lebanon follows Venezuela into hyperinflation wilderness – Reuters
Pandemic’s economic hit will be here for a long time – CNBC

Wednesday’s links

EU Clinches Massive Stimulus Deal to Bind Continent Together – Bloomberg
US real yields tumble in an indication of prolonged Fed support – FT

Tuesday’s links

Glut of Bonds Is Dwarfing Central-Bank Demand – Bloomberg Economics