Tuesday, December 7, 2021

Wednesday's News Links

[Yahoo/Bloomberg] Stocks Gain on Virus Hopes; Dollar Dips: Markets Wrap 

[Yahoo/Bloomberg] Oil Steady as Vaccine Impact on Omicron Buoys Demand Outlook

[Reuters] China Evergrande hits new low on default worries; Kaisa misses pay date

[CNBC] House takes key step toward raising the debt ceiling as deadline draws closer

[CNBC] Brief drop in mortgage rates causes sudden surge in refinancing

[Reuters] Pfizer, BioNTech vaccine neutralises Omicron with three shots

[Reuters] Omicron reported in 57 countries, hospitalisations set to rise, WHO says

[Yahoo/Bloomberg] Kaisa Suspends Trading Amid Uncertainty Over Debt Repayment

[Yahoo/Bloomberg] Kaisa on Brink, Restructuring Looms: Evergrande Update

[CNBC] Chinese developer Kaisa halts trading in Hong Kong again as real estate concerns resurface

[Reuters] Euro zone inflation will take longer to fall back to 2%, says ECB

[Yahoo/Bloomberg] World’s Most Hawkish Central Bank to Hike Again: Decision Guide

[AP] Japan economy contracts 3.6% in 3Q as virus hits spending

[Yahoo/Bloomberg] Gundlach Sees ‘Rough Waters’ for Market as Fed Pursues Taper

[Bloomberg] Dudley: The Next Fed Meeting Will Offer More Surprises

[WSJ] Supply-Chain Problems Will Last Through 2023, Intel Chief Says

[FT] Economists predict complete ‘taper’ of Fed bond buying by end of March

[Reuters] Australia joins diplomatic boycott of Beijing Winter Games

Tuesday Evening Links

[Reuters] Wall Street closes higher with Nasdaq boosted by tech rally

[Yahoo/Bloomberg] Oil Prices Extend Relief Rally With Omicron Concerns Subsiding

[Yahoo Finance] Expectations for faster pullback in Fed support takes steam out of credit

[CNBC] Omicron significantly reduces Covid antibody protection in small study of Pfizer vaccine recipients

[Yahoo/Bloomberg] Risk Appetites Revitalized in Supercharged U.S. Equities Rebound

[CNN] Biden administration considering options for possibly evacuating US citizens from Ukraine if Russia invades

[Bloomberg] Pfizer Shot Provides Partial Omicron Shield in Early Study

[Bloomberg] List of Chinese Developers Warning on Debt Grows With Aoyuan

[FT] Offshoot of Omicron variant could make global tracking more difficult

Tuesday Afternoon Links

[Reuters] Wall Street leaps as Nasdaq rallies 3% on boost from Big Tech, chipmakers

[Reuters] Oil rises 4%, extending rally on easing Omicron fears

[Reuters] Biden, Putin talk for two hours on Ukraine, other topics amid war fears

[CNN] Biden and Putin hold high-stakes two-hour call over Ukraine

[CNBC] Labor productivity rate falls at the fastest pace since 1960

[Reuters] U.S. bank executives raise concerns over inflation

[Yahoo/Bloomberg] Corporate America Is Buying Back Its Own Stock at a Furious Pace, BofA Says

[Yahoo/Bloomberg] Evergrande Restructuring Puts Onus on Xi to Limit Contagion

[Yahoo/AFP] Billionaires' share of global wealth soars during pandemic

[Yahoo/Bloomberg] California's Drought Threatens Food Production in 2022 With Water Cuts

[NYT] As Omicron Threat Looms, Inflation Limits Fed’s Room to Maneuver

[WSJ] Investors Are Using Robinhood, Other Platforms to Jump Into Options Trades, Worrying U.S. Regulators

[WSJ] Omicron Expected to Be Dominant Strain in Parts of Europe Within Weeks