Thursday, October 28, 2021

Friday's News Links

[Yahoo/Bloomberg] Stocks Fall; Bonds Extend Declines: Markets Wrap

[Yahoo/Bloomberg] Oil Powers to 10% Monthly Advance as Stockpiles Erode Away

[Yahoo/Bloomberg] U.S. Employment Costs Rise at Record Pace as Wages Surge

[Reuters] U.S. consumer spending rises solidly in September; inflation stays hot

[CNBC] Labor shortage, supply constraints and inflation hold back economy trying to emerge from pandemic

[Reuters] The Fed's inflation story, in charts

[CNBC] Treasury Secretary Yellen says spending bills will be anti-inflationary, lowering important costs

[Reuters] Australia's central bank loses yield control as bonds melt down

[Yahoo/Bloomberg] Australia’s Broken Yield Target Sets Stage for Policy Adjustment

[Yahoo/Bloomberg] Global Markets Face Possible Reality Check From China Risks

[Yahoo/Bloomberg] Euro Inflation Breaches 4% Increasing Lagarde’s Market Challenge

[Reuters] Euro zone growth, inflation soar, leaving ECB with dilemma

[Yahoo/Bloomberg] Lagarde’s Market Pushback Slammed by Aggressive Rate-Hike Bets

[Yahoo/Bloomberg] Draghi’s Inflation Gauge Gives Bond Bears Plenty of Ammunition

[Yahoo/Bloomberg] Markets Are Reeling in Brazil on Deficit Fears, Political Tumult

[Reuters] Mexican economy shrinks for first time since pandemic rebound

[Yahoo/Bloomberg] Chinese IPO Flops Pile Up in Worst Week Since 2012

[Reuters] Money inflows into U.S. equity funds surge on earnings boost - Lipper

[AP] ‘Everything is at stake’ as world gathers for climate talks

[Reuters] U.S. committed to helping Taiwan defend itself - top U.S. diplomat

[Reuters] On Europe trip, Taiwan foreign minister calls for collaboration in facing China

[Bloomberg] Chinese Banks Ease Credit Controls in Slowing Property Market

[WSJ] Global Chip Shortage ‘Is Far From Over’ as Wait Times Get Longer

[WSJ] Apple Warns of Supply Chain Woes While Amazon Faces Increased Labor Costs

[WSJ] Malibu Home Sells for $177 Million, Setting New California Record

[FT] Bad bets trigger waves of tumult in short-term bond markets

[FT] Evergrande’s last-minute payments provide little clarity for investors

Thursday Evening Links

[Yahoo/Bloomberg] Tech Shares Stumble After-Hours on Apple, Amazon: Markets Wrap

[Reuters] S&P, Nasdaq hit record closing highs on earnings bullishness 

[Reuters] Expectations of more aggressive Fed crush U.S. yield curve

[Yahoo/Bloomberg] Oil Edges Up as OPEC+ Expects Tighter Market This Quarter

[Reuters] U.S. rate options market bets on aggressive Fed hikes

[Reuters] What's in Biden's new $1.75 trillion spending framework

[CNBC] Amazon badly misses on earnings and revenue, gives disappointing fourth-quarter guidance

[CNBC] Apple sales miss expectations, Tim Cook says supply issues cost company $6 billion

[Reuters] Evergrande makes coupon payment ahead of deadline -NYT

[Yahoo/Bloomberg] ‘Stupid’ and ‘insane’: Some billionaires vent over tax plan