Wednesday, October 13, 2021

Thursday's News Links

[Yahoo/Bloomberg] Stocks Rise as Traders Mull Recovery: Markets Wrap

[Reuters] China real estate shares, bonds hit by Evergrande concerns

[Yahoo/Bloomberg] Gold Holds Biggest Gain Since March on Persistent High Inflation

[Yahoo/Bloomberg] Metals Head for Record, Zinc Spikes as Energy Crisis Hits Supply

[Reuters] Inflation angst lifts stocks but reins back dollar

[AP] Unemployment claims fall to lowest level of pandemic

[AP] US wholesale prices rose record 8.6% over 12 months

[Reuters] U.S. supply chain too snarled for Biden Christmas fix, experts say

[Reuters] China's record factory gate inflation stokes policy dilemma

[Yahoo/Bloomberg] China’s Factory-Gate Inflation Surges to Highest in 26 Years

[Reuters] China property shares pummelled as Evergrande impact widens

[Reuters] Winter chill keeps China's coal prices high, power crunch stokes inflation

[Yahoo/Bloomberg] Summers Slams Woke Fed for Risking Losing Control of Inflation

[Yahoo/Bloomberg] Fed’s Embarrassing Ethics Scandal Spurs Calls for More Oversight

[CNBC] Singapore’s central bank tightens policy in surprise move as economy grows 6.5% in third quarter

[Reuters] From beef bowls to coffee, cost surge squeezes Japan's salaryman staples

[Reuters] Price pinch: global economy caught in perfect storm

[WSJ] A Winter of Giant Gas Bills Is Coming. Are You Ready?

[WSJ] What Wild Natural Gas Prices Mean for Inflation

[WSJ] Junk Loans Shine as Investors Pile Into Riskiest Parts of CLOs

[FT] The supply chain crisis and US ports: ‘Disruption on top of disruption’

[FT] Evergrande crisis leaves Chinese developers shut out of global debt markets

[FT] China factory gate prices rise at fastest rate since 1995

[FT] Inflation drives up drillers’ costs in US shale oil patch

Wednesday Evening Links

[Reuters] U.S. stocks bounce on economic optimism; dollar pauses rally 

[Yahoo/Bloomberg] Oil Dips With OPEC Voicing Caution on Strength of Global Demand

[Reuters] Fed lays out plan to reduce bond purchases, flags inflation worries

[Yahoo/Bloomberg] Fed Officials Saw Taper Starting in Mid-November or Mid-December

[Reuters] Biden enlists Target, Walmart to fix bottlenecks threatening holiday sales

[Yahoo/Bloomberg] Chile Shocks Investors With Larger-Than-Expected Rate Hike

[Yahoo/Bloomberg] Mexico Prices Are Gaining at ‘Phenomenal’ Pace, Heath Says

[Reuters] Turkey's Erdogan overhauls cenbank MPC, appoints two new members

Wednesday Afternoon Links

[Reuters] Tech stocks lift Nasdaq, banks weigh on S&P 500, Dow 

[CNBC] Fed says it could begin ‘gradual tapering process’ by mid-November

[Reuters] More expensive food, rents boost U.S. inflation; further increases anticipated

[Reuters] Fed split on whether to stay patient or get aggressive on inflation

[CNBC] White House plan aims to help key West Coast ports stay open 24/7 to ease supply chain bottlenecks

[AP] Heating bills set to soar as inflation hits energy prices

[Yahoo Finance] Supply chain issues could 'last until the early parts of 2023,' shipping analyst explains

[Bloomberg] Apple Finally Falls Victim to Never-Ending Supply Chain Crisis

[NYT] China’s Power Problems Expose a Strategic Weakness

[WSJ] Accelerating Inflation Spreads Through the Economy

[WSJ] Post-Covid Global Economy Falters Due to Inflation and Supply-Chain Woes

[FT] Roach: The sequencing trap that risks stagflation 2.0

[FT] US inflation heats up in September as pressures persist