Wednesday, November 17, 2021

Thursday's News Links

[Yahoo/Bloomberg] Stocks Rise Amid Lower-for-Longer Rate Bets: Markets Wrap

[Reuters] Oil prices slide as China readies release of crude from strategic reserves

[Bloomberg] Turkish Lira Falls to Record After Central Bank Cuts Rates Again

[Yahoo/Bloomberg] Coffee Nears Decade High on Mounting Supply Worries

[AP] U.S. jobless claims drop seventh straight week to 268,000

[CNBC] If Biden picks Brainard over Powell for Fed chief, expect an immediate market impact

[Yahoo/Bloomberg] Embattled China Developers Rush to Raise $2 Billion in a Day

[Yahoo/Bloomberg] Evergrande to Sell Entire Stake in HengTen for $273 Million

[Yahoo/Bloomberg] China Property Stocks Sink, $4.2 Billion Rush: Evergrande Update

[Reuters] S&P says it believes China Evergrande default still 'highly likely'

[Yahoo/Bloomberg] Chinese Developer Yango Scrambles to Avoid Missing Bond Payment

[Yahoo/Bloomberg] China Huarong Gets $6.6 Billion Equity Injection in Bailout

[Reuters] China walks a tightrope on property clampdown

[Reuters] Drug, feed ingredient shortages hit U.S. livestock producers

[Reuters] British Columbia sees death toll rising from massive flood; Ottawa pledges aid

[Reuters] Putin says West not taking Russia's warnings on 'red lines' seriously enough

[Bloomberg] Inflation Spreads to Online Retail, Once a Haven of Discounts

[Bloomberg] Paulson Warns of ‘Dangerous’ World If China-U.S. Tensions Worsen

[Bloomberg] PBOC’s Support Will Focus on Small Firms, Green Energy, Yi Says

[WSJ] The World’s Richest Athletes Earn the Cash to Buy Average-Priced Homes in Hours

[FT] How empty boxes worsened stress on the US supply chain

[FT] Turkey defies warnings and cuts interest rates

[FT] Russian missile test raises fears over orbiting debris cloud

Wednesday Evening Links

[CNBC] Dow futures are flat after Dow pulls back in regular session 

[Reuters] Exclusive: U.S. asks Japan, China, others to consider tapping oil reserves -sources

[Reuters] Fed's Evans says taper to take until mid-2022 to complete

[Reuters] Canada province expects death toll to rise after 500-year flood

[Bloomberg] China’s $6 Trillion Hidden Debt Gets Stress-Tested in Downturn

[WSJ] How the Fed Rigs the Bond Market

[WSJ] What Went Wrong With Zillow? A Real-Estate Algorithm Derailed Its Big Bet

[FT] US Treasury market in need of reform after shocks, policymakers warn

[FT] Genetic engineering: why some fear the next pandemic could be lab-made

Wednesday Afternoon Links

[Reuters] Wall Street dips on rate hike uncertainty; Visa weighs on Dow 

[Reuters] Emerging Markets: Chilean peso falls 2%, lower copper prices and stronger dollar weigh

[Yahoo/Bloomberg] Oil Slips to Lowest in a Month as Traders Mull Reserves Release

[Reuters] Gold rises as inflation unease boosts appeal

[Yahoo/Bloomberg] Here’s How Markets Might React If Biden Picks Lael Brainard as Fed Chair

[Reuters] Total global debt dips, but emerging market debt hits record high

[Reuters] Sharp swings in EV shares draws frenzied options trading

[Yahoo/Bloomberg] Distressed Debt Is Dead; Long Live ‘Opportunistic Credit’

[Yahoo/Bloomberg] Crypto’s Boom Demands Response From Congress, Key Lawmaker Says

[Yahoo/Bloomberg] Turkey’s Erdogan Evokes Religion in New Push for Lower Rates

[Reuters] ECB must be ready to act if inflation proves more durable: Schnabel

[Reuters] Canada sends air force to help flood-hit province, farmers rescue cows

[Bloomberg] Metals from Aluminum to Zinc Are All Flashing Tight Supply Right Now