Saturday Brief – February 13th 2021

13 February, 2021

Americas

The S&P 500 and Nasdaq rose to record highs as investors sold big tech stocks and bought energy, financial and materials shares https://t.co/jrozq2MCt6 pic.twitter.com/0RYj1YX2s2
— Reuters Business (@ReutersBiz) February 13, 2021

The VIX settles below 20 for the first time since the pandemic began https://t.co/6Kk0Zd3JRl
— Bloomberg Asia (@BloombergAsia) February 13, 2021

Stock Funds See Biggest Inflows Ever as BofA Warns Top Is Near – Bloomberg
*Link: https://t.co/koGg3Z2zcY pic.twitter.com/aiM1hhOfr0
— Christophe Barraud (@C_Barraud) February 12, 2021

Warren Buffett’s Favorite Valuation Metric Is Ringing an Alarm – Bloomberg
*Link: https://t.co/HrtOLbFqbR pic.twitter.com/Ei4fVUJVgD
— Christophe Barraud (@C_Barraud) February 13, 2021

Searching for #Money’s New Standard – Bloomberg
*Link: https://t.co/jetJsTGMcK pic.twitter.com/KVTPprlYCL
— Christophe Barraud (@C_Barraud) February 13, 2021

#Housing | US Home Prices Rose At The Fastest Pace On Recordhttps://t.co/YPvOFUXiZN
— Christophe Barraud (@C_Barraud) February 11, 2021

#Housing | US 15-Year #Mortgage Rates Are Close To Record Lowhttps://t.co/tCpu3NNc40
— Christophe Barraud (@C_Barraud) February 12, 2021

#Covid_19: Daily Summary (February 13th)
➡ News
➡ Restrictions (easing)
➡ Regional/national data
➡ Vaccine trackerhttps://t.co/N6o5focSOR
— Christophe Barraud (@C_Barraud) February 13, 2021

A House committee approved a proposal to give airlines another $14 billion in payroll assistance as part of a broader COVID-19 relief package that is working its way through Congress. More here: https://t.co/jM5md8K1UR pic.twitter.com/kZYVg2yCFG
— Reuters Business (@ReutersBiz) February 12, 2021

Biden seeks to rally support for his $1.9 trillion virus relief plan in a bipartisan meeting with mayors and governors https://t.co/Zj0TeA3lNi
— Bloomberg Economics (@economics) February 12, 2021

#Fed to test banks’ ability to withstand 55% fall in equity prices – FThttps://t.co/ZlSJPYxnQj
— Christophe Barraud (@C_Barraud) February 13, 2021

Fed chairman Jerome Powell said he doesn’t expect “a large nor sustained” increase in inflation right now.
Price rises from the “burst of spending” as the economy reopens are not likely to be sustained, he said. https://t.co/vvXnQqNdJx
— MarketWatch (@MarketWatch) February 13, 2021

President Joe Biden’s administration told G7 allies it was re-engaging with them to help steer the global economy out of its worst slump since the Great Depression, a contrast with the go-it-alone approach of Donald Trump. More here: https://t.co/IMx1rGwsw7 pic.twitter.com/Pa5YpTKyLv
— Reuters Business (@ReutersBiz) February 13, 2021

Asia

Coronavirus latest: Australian Open continues under lockdownhttps://t.co/UJRrRdmaXY
— Nikkei Asia (@NikkeiAsia) February 13, 2021

South Korea is relaxing its social distancing rules, allowing businesses to operate for longer hours in an effort to help ease the struggle of mom-and-pop stores https://t.co/Dlmvwzqc9H
— Bloomberg Asia (@BloombergAsia) February 13, 2021

#China Holiday Train #Travel Plunges Nearly 70% Amid Restrictions – Bloomberg
*Deliveries surged by 223% year-on-year on the eve of the Lunar New Year and the following day, with more than 130 million packages distributed.https://t.co/sfrfxovLe3
— Christophe Barraud (@C_Barraud) February 13, 2021

#Asia's #LunarNewYear #InPictures
Millions of China's migrant workers missed family reunions this #LunarNewYear. Here, a laborer poses at a construction site in Beijing, Feb. 6 (Reuters).
More on https://t.co/AnSFNnZl2B, where we tell untold stories about Asia, from Asia. pic.twitter.com/XaVuI7KCE8
— Nikkei Asia (@NikkeiAsia) February 12, 2021

U.S. investigators found evidence that China was repeatedly manipulating Supermicro products. The company says it was never told. Neither was the public https://t.co/IdgXKC6NjJ
— Bloomberg Asia (@BloombergAsia) February 13, 2021

Europe

#Europe #Covid_19: Daily Summary (February 13th)
*Focus on #Germany, #Spain, #France and #Italy https://t.co/kFr6GzdDjb
— Christophe Barraud (@C_Barraud) February 13, 2021

#WHO CHIEF SCIENTIST SWAMINATHAN SAYS WE ARE NOW GETTING REPORTS OF BEING GETTING REINFECTED WITH THE NEW VARIANT – RTRS
— Christophe Barraud (@C_Barraud) February 12, 2021

Mario Draghi’s leadership of Italy’s next government is keeping people guessing about how much he will draw upon prior career roles (via @Alemrome) https://t.co/ydcZp3wFmN
— Bloomberg Economics (@economics) February 13, 2021

French Finance Minister Bruno Le Maire says the world’s biggest economies must coordinate stimulus plans and policies in an effort to reduce key risks including trade tensions and inequality https://t.co/BzVPyUwSNl
— Bloomberg Economics (@economics) February 12, 2021

Senators Urge Biden to Fully Enforce Nord Stream 2 Sanctions – Bloomberghttps://t.co/cZ4hT7MGSt
— Christophe Barraud (@C_Barraud) February 13, 2021

Catalonia's election is a battle for control of the independence movement https://t.co/LD571bulPP
— Bloomberg Asia (@BloombergAsia) February 13, 2021