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Sunday, December 12, 2021

Monday's News Links

[Yahoo/Bloomberg] Stock Losses Deepen With 10-Year Yield at 1.42%: Markets Wrap

[Reuters] Turkish lira plummets to new low, dragging cenbank to the rescue

[Yahoo/Bloomberg] Turkish Central Bank Intervenes as Lira Drops Past 14 per Dollar

[Yahoo/Bloomberg] Chinese Developers Slump as Shimao Bond Plunge Spooks Investors

[Reuters] Calm and confident before central bank deluge, Turkey lira crashes

[Reuters] Fed to pivot on inflation fears in the face of another uncertain year

[Yahoo/Bloomberg] Bond Traders Stare at Worst Real Returns Since Paul Volcker Era

[CNBC] Omicron can hit the double vaccinated, Oxford study says, as UK prepares for ‘tidal wave’ of cases

[Reuters] First person dies from Omicron variant in United Kingdom

[Yahoo/Bloomberg] Boris Johnson Faces Battles on All Fronts as Controversies Mount

[Yahoo/Bloomberg] Abandoned Projects Shatter Confidence in China’s Home Market

[Yahoo/Bloomberg] Shimao Tumbles; Home Presales Under Threat: Evergrande Update

[Reuters] Some Chinese companies suspend production in Zhejiang province on virus outbreak

[Reuters] Mainland China detects first case of Omicron coronavirus variant -state media

[Reuters] German wholesale prices see record jump as raw material costs soar

[Yahoo/Bloomberg] The Transitory Inflation Question Is Coming for the ECB

[Reuters] From heatwaves to floods, climate change worsened weather extremes in 2021

[Bloomberg] El-Erian: Fed Needs to Go Beyond Doubling Its Taper Rate

[WSJ] Lithium Prices Soar, Turbocharged By Electric-Vehicle Demand and Scant Supply

[FT] Fed to pivot to swift action on inflation in face of spiking prices

[FT] Air freight costs soar to record high

[FT] Private equity cuts back on China property as Evergrande hits stocks

[FT] Spectre of three wars poses danger to America’s dominance