4.15.2021

Market is 'completely ignoring' serious risks associated with U.S.-China relations, Asia expert Stephen Roach warns - CNBC

"There's a significant risk catching economists Stephen Roach's attention, and it has nothing to do with earnings season."

 

BofA Joins Bonanza as Wall Street Units Drive Solid Quarter - Bloomberg

"Bank of America Corp.'s traders and investment bankers reaped another windfall, joining their Wall Street rivals in capitalizing on the stock market's wild ride this year."

 

U.S. Building Boom Is Sending Lumber and Steel Prices Through the Roof - Barron's

"There's little doubt that demand for lumber, steel and other commodities will get a boost from President Joe Biden's $2.3 trillion proposed infrastructure package. But prices for some building materials have already booked phenomenal gains in the first three months of the year, potentially setting limits on an extended rally."

 

Investors Can't Afford the Zillow Dream - WSJ

"Given the momentum the housing market has experienced over the course of the pandemic, it seems unlikely transaction growth will suddenly come to a screeching halt this year. But any investor still trading on the predictions of a company in the real-estate advertising business may want to at least broker another source."