Tuesday, May 31, 2022

Wednesday's News Links

[Yahoo/Bloomberg] US Stocks Decline Amid Inflation Focus; Oil Gains: Markets Wrap

[Reuters] Oil firms on EU's Russian oil ban and end of Shanghai lockdown

[Reuters] Bonds tremble as inflation hits new records

[Reuters] U.S. manufacturing sector regains speed in May-ISM

[Reuters] U.S. job openings fall in April, but still high

[CNBC] Mortgage demand falls to the lowest level since the end of 2018, even as interest rates ease a bit

[Reuters] Yellen says she was 'wrong' about inflation path; Biden backs Fed

[Yahoo/Bloomberg] Fed Starts Experiment of Letting $8.9 Trillion Portfolio Shrink

[Reuters] Russian forces advance in factory city, U.S. to send precision rockets to Ukraine

[Reuters] U.S. agrees to send advanced rockets to Ukraine

[Yahoo/Bloomberg] Ukraine Latest: US to Send Rockets, Not Seeking Putin’s Ouster

[AP] Experts: Everything points to another busy hurricane season

[Yahoo/Bloomberg] Half-Point ECB Hike Needed After Inflation Record, Holzmann Says

[Reuters] Asia's factory activity slows in May as China COVID curbs weigh

[Reuters] The Bolsheviks to Putin: a history of Russian defaults

[Reuters] China says it conducted 'readiness patrol' around Taiwan

[Yahoo/Bloomberg] Beijing Says US Supply Chain Curbs Sabotage China’s Development

[Bloomberg] Dudley: Federal Reserve's Mild Inflation Forecasts Need Explaining

[Bloomberg] One-Third of Americans Making $250,000 Live Paycheck-to-Paycheck, Survey Finds

[Bloomberg] China Blasts ‘Selfish’ Japan for Claiming Vast Area of Pacific Near Taiwan

[WSJ] President Biden, Fed Chairman Jerome Powell Meet With Inflation at Its Highest in 40 Years

[WSJ] Main Street Investors Break Records in Rush for U.S. Government Bonds

[WSJ] Missed Payments, Rising Interest Rates Put ‘Buy Now, Pay Later’ to the Test

[FT] Global rate gaps loom large for investors