Tuesday's News Links

[Yahoo/Bloomberg] Stocks Fluctuate Before Powell’s Senate Hearing: Markets Wrap

[Yahoo/Bloomberg] Oil Rallies With Equity Markets Before U.S. Releases Energy Data

[Reuters] Fed's Powell heads to Hill for hearing with inflation in focus

[CNBC] Amid rising prices, American families fall deeper in debt

[Yahoo/Bloomberg] The Clashing Forces That Will Drive U.S. Inflation in 2022

[Reuters] U.S. reports at least 1.1 million COVID cases in a day, shattering global record

[Yahoo/Bloomberg] Wary Global Bond Markets Brace for the Supply Floodgates to Open

[AP] China locks down 3rd city, raising affected to 20 million

[Yahoo/Bloomberg] Omicron Pushes Hong Kong’s Import Supply Chain to Brink of Collapse

[Reuters] China's R&F falls short of payment to creditors after avoiding $725-mln default

[Reuters] China's Shimao says it has no deal to sell Shanghai plaza, shares slump

[Yahoo/Bloomberg] China Retail Investors Shun Equity Funds as Stocks Stumble

[Reuters] Chinese cities tighten COVID-19 curbs as Tianjin battles Omicron outbreak

[Yahoo/Bloomberg] China Tightens Restrictions on Vehicles Entering Shenzhen Amid New Virus Cases

[Reuters] China orders suspension of some U.S. flights after COVID-19 cases

[Yahoo/Bloomberg] Nagel Takes Charge of Bundesbank With Warning on Inflation Risks

[Yahoo/Bloomberg] Japan’s Household Inflation Expectations Jump to Most Since 2008

[Reuters] Australia swamped by Omicron surge as pressure grows on hospitals

[Yahoo/Bloomberg] Middle East, North Africa Risk Unrest on High Food Prices

[Yahoo/Bloomberg] China Gorges On Cheap, Sanctioned Oil From Iran, Venezuela

[Reuters] Russia says it's not optimistic on U.S. talks, won't let them drag on

[Bloomberg] Omicron May Infect Half of Europeans Within Weeks, WHO Says

[WSJ] Record Covid-19 Cases, Driven by Omicron, Pressure Hospitals in U.S., Europe

[WSJ] Fed Vice Chairman Richard Clarida to Resign

[FT] The Fed could be forced into dizzying handbrake turn

[FT] Companies raise $100bn on global debt market in brisk start to 2022

[FT] Inflation in rich economies surges to a 25-year high

Monday Evening Links

[Yahoo/Bloomberg] Asia Stocks May Benefit From Late U.S. Rebound: Markets Wrap

[Reuters] Stock futures are flat after Nasdaq’s Monday comeback

[Yahoo/Bloomberg] Furious Rally Sends Nasdaq to Biggest Rebound Since March 2020

[Yahoo/Bloomberg] El-Erian: Fed Forced to Run Triple Option With Time Running Out

Monday Afternoon Links

[CNBC] Nasdaq rallies on Monday afternoon to snap losing streak, erasing loss of more than 2%

[CNBC] Bitcoin briefly tumbles below $40,000 to the lowest since September as investors shed risk

[Yahoo/Bloomberg] Oil Drops Alongside Broader Market Slump and Stronger Dollar

[Reuters] U.S. breaks COVID-19 hospitalization record at over 132,000 as Omicron surges

[Yahoo/Bloomberg] U.S. Beef Prices Rise as Covid Sickens Slaughterhouse Workers Again

[Yahoo Finance] Crypto startups draw record VC money, may lead to more IPOs in 2022

[Yahoo/Bloomberg] Tiger Global Lost 7% Last Year, First Annual Drop Since 2016

[Yahoo/Bloomberg] Heat, Fire, Storms Caused $145 Billion in Damages Across U.S.

[Reuters] U.S. and Russia still poles apart on Ukraine after Geneva talks

[Bloomberg] Munis’ Worst Annual Start Since 2001 Imperils ‘January Effect’

[WSJ] Workers Sick With Omicron Add to Manufacturing Woes. ‘The Hope Was That 2022 Would Get Better.’

[WSJ] U.S., Russia See Little Progress in Early Talks on Ukraine Crisis

[FT] Fed prepares to shrink $9tn balance sheet after pandemic largesse