Tuesday, October 12, 2021

Wednesday's News Links

[Yahoo/Bloomberg] U.S. Stocks Steady After Inflation Beats Forecast: Markets Wrap

[Reuters] Asian shares edgy amid inflation fears, dollar at one-year high

[Reuters] Festering Evergrande contagion worries push China spreads to record

[Yahoo/Bloomberg] Coal Rises to Record in China as Floods Keep Supply Tight

[Yahoo/Bloomberg] Oil Falls With OPEC Cautious on Demand Outlook

[Yahoo/Bloomberg] U.S. Consumer Prices Outpace Forecast as Inflation Dogs Economy

[AP] Social Security COLA largest in decades as inflation jumps

[CNBC] Weekly mortgage demand stalls, as rates jump to highest level since June

[Reuters] 'Patient' or 'aggressive'? Fed policymakers split on inflation response

[Dow Jones] Fed Is Behind the Curve on Countering Runaway Inflation Risks, Summers Says

[Politico] Fed’s bank cop loses top role as leadership shakeup looms

[Yahoo/Bloomberg] State Media Warn of Weakening Housing Market: Evergrande Update

[Yahoo/Bloomberg] China Developers Dominate World’s Risky Debt: Evergrande Update

[Yahoo/Bloomberg] China Developers Account for About Half of World’s Troubled Debt

[Reuters] China Sept trade surplus with the United States at $42 bln

[Reuters] China's Sept exports surprisingly robust despite power crunch

[Yahoo/Bloomberg] Housing Bubble Risks Are Accelerating Across Europe, Hong Kong

[CNBC] Volatile energy markets are here to stay, IEA warns

[Yahoo/Bloomberg] Putin Sees European Gas Crisis as Russia’s Golden Chance

[Yahoo/Bloomberg] Chile Preps Faster Rate Hike as Inflation Soars: Decision Guide

[Reuters] China says military drills near Taiwan a 'just' move

[Bloomberg] U.S. Troops and Chinese Planes Push Taiwan Closer to Crisis

[WSJ] Russia Shows Its Growing Sway Over Global Energy Markets

[FT] Xi Jinping gambles on China’s economic tumult to press ahead with tough reforms

[FT] China coal and natural gas imports surge as energy crisis bites

[FT] The energy sector dilemma for high-yield debt investors

[FT] Europe’s trucker shortage becoming ‘extremely dangerous’

Tuesday Evening Links

[CNBC] Stock futures fall slightly ahead of earnings and inflation report

[Yahoo/Bloomberg] Stocks Drop Before Earnings Amid Inflation Worries: Markets Wrap

[Reuters] Stagflation woes hit U.S. stocks; 2-yr Treasury yield jumps

[Reuters] Apple likely to slash iPhone 13 production due to chip crunch -Bloomberg News

[CNBC] Fed’s Bullard says bond purchases should be tapered quickly in case rate hikes are needed

[Yahoo/Bloomberg] Transitory Is ‘Dirty Word’ as Inflation Lasts, Fed’s Bostic Says

[NYT] World’s Growth Cools and the Rich-Poor Divide Widens

[WSJ] China Home Sales Are Falling Sharply

[WSJ] For China’s Banks, Corruption Is Only Half the Problem

[WSJ] IMF Cuts Global Growth Forecast Amid Supply-Chain Disruptions, Pandemic Pressures

Tuesday Afternoon Links

[Yahoo/Bloomberg] Stocks Wobble Before Earnings Amid Inflation Angst: Markets Wrap

[Yahoo/Bloomberg] Oil Fluctuates With Energy Shortages Boosting Winter Demand

[Reuters] Gold prices gain as inflation concerns grow

[Reuters] Fed policymakers hone in on November taper timeline

[CNBC] A record 4.3 million workers quit their jobs in August, led by food and retail industries

[Reuters] U.S. quits scale record high, millions of job openings as labor market tightens

[Yahoo/Bloomberg] Taper Conditions Have ‘All But Been Met,’ Fed's Clarida Says

[Yahoo/Bloomberg] Banks Analysts Warn That 60/40 Portfolios Could Be Battered by Inflation