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Monday, October 25, 2021

Tuesday's News Links

[Yahoo/Bloomberg] Stocks Rise With Earnings in Focus: Markets Wrap

[Reuters] China's Modern Land misses bond payment; property shares drop

[Reuters] Asia stocks catch Wall St cheer but China caps gains

[CNBC] Home prices in August hinted at possible cooling in the market, S&P Case-Shiller says

[Reuters] U.S. new home sales hit six-month high; median price stays above $400,000

[Dow Jones] U.S. Consumer Confidence Improved in October as Covid-19 Delta Wave Eased

[Reuters] No end in sight for labor shortages as U.S. companies fight high costs

[CNN] Nearly half of American companies say they are short on skilled workers

[AP] Explainer: What’s a ‘wealth tax’ and how would it work?

[Yahoo/Bloomberg] Record Chinese Defaults in Focus as Modern Land Misses Deadline

[Yahoo/Bloomberg] China’s Overnight Repo Rate Slides After PBOC’s Cash Boost

[CNN] Evergrande and these Chinese real estate developers are already in trouble

[Yahoo/Bloomberg] China Plans New Limits on Coal Prices in Fix for Energy Crisis

[Reuters] Brazil consumer prices rise 1.20% in mid-October, highest rate since 1995

[Reuters] UK inflation expectations highest since 2008 before BoE rate decision - Citi/YouGov

[Yahoo/Bloomberg] Energy Squeeze Will Trigger Unrest, Says Blackstone’s Schwarzman

[CNBC] College enrollment notched the largest two-year decline in 50 years, due to Covid

[CNBC] Long Covid ‘is a very debilitating condition with serious cognitive conditions,’ says researcher behind new study

[Yahoo/Bloomberg] NYC Faces Flash Flooding Risk as Torrential Downpours Approach

[Bloomberg] Trump Tax Cuts Set to Win Staying Power as Democrats Drop Plans

[Bloomberg] Developer’s Payment Miss Signals More Stress: Evergrande Update

[Bloomberg] China's Mystery 'Authoritative Person' Resurfaces to Explain Crackdowns

[Bloomberg] China Urges Evergrande Founder to Pay Debt With Personal Wealth

[NYT] Rising Prices, Once Seen as Temporary, Threaten Biden’s Agenda

[WSJ] Banks’ Debt Sales Are Driving the Corporate Bond Market

[WSJ] Commercial Real-Estate Sales and Values Surge to Records

[FT] Modern Land becomes latest Chinese developer to miss a bond payment

[FT] New companies raising cash swell US junk bond market to record size

[FT] Lagarde set to push back on market bets of eurozone rate rise