Monday, May 9, 2022

Tuesday's News Links

[Yahoo/Bloomberg] Equities Rebound; Bonds Advance: Markets Wrap

[Reuters] Commodity currencies bounce back but sentiment remains fragile

[Yahoo/Bloomberg] China Tech Stocks Slide as Growth Woes, Global Rout Grip Traders

[Yahoo/Bloomberg] Bitcoin Recovers After Briefly Crashing Below $30,000

[AP] Russia pounds vital port of Odesa, targeting supply lines

[Yahoo/Bloomberg] Ukraine Latest: Biden Worries Putin ‘Doesn’t Have a Way Out’

[Reuters] Biden says he is worried Putin does not have a way out of Ukraine war

[Reuters] Odesa douses fires after Russian missile strikes

[Reuters] On possible nuclear strike, Russia says: it's all in our military doctrine

[Reuters] Fed's task to tame inflation difficult amid "tremendous" amount of uncertainty, Williams says

[Yahoo/Bloomberg] Williams Says Fed to Curb Inflation Without Raising Unemployment

[Reuters] U.S. small business confidence steady in April, NFIB survey shows

[CNBC] Housing supply is finally improving, as high prices and rising rates weigh on sales

[Reuters] U.S. producers undo years of efficiency gains in fight for supplies

[CNBC] Bitcoin investors are panicking as a controversial crypto experiment unravels

[BBC] EU struggles to stay united over Russia sanctions

[Reuters] Ukraine calls for moves to unblock ports and prevent global food crisis

[Reuters] Analysis: For some European states, rising debt costs rekindle 2011 crisis memories

[Yahoo/Bloomberg] Mixed Messages From Top China Leaders Feed Speculation of Split

[AP] Shanghai re-tightens on COVID, frustrating trapped residents

[Reuters] Toyota to slash production plan, suspend some domestic operation due to COVID lockdown in China

[Yahoo/Bloomberg] Dollar’s Demolition Job Puts Asia’s Central Banks on Defense

[National Geographic] Two new Omicron variants are spreading. Will they drive a new U.S. surge?

[Reuters] World could see 1.5C of warming in next five years, WMO reports

[Bloomberg] China Tightens Covid Noose as Cases Persist in Shanghai, Beijing

[Bloomberg] Sunac Deadline Looms; Country Garden Plunges: Evergrande Update

[WSJ] Pensions’ Bad Year Poised to Get Worse

[WSJ] Shanghai’s Covid Lockdown Gets Tougher: ‘If One Person Tests Positive, the Whole Building Isolates’

[FT] Emerging markets hit by ‘toxic’ mix of rising rates and slower growth

[FT] Tiger Global hit by $17bn losses in tech rout

Monday Evening Links

[Yahoo/Bloomberg] Stocks Sink to 13-Month Low as U.S. Curve Steepens: Markets Wrap

[Yahoo/Bloomberg] Oil Suffers Biggest Blow Since March Amid Stock Market Rout

[Reuters] Bitcoin falls 7.8% to $31,333

[Yahoo/Bloomberg] Gasoline Prices Surge Anew in U.S. as Supply Concerns Deepen

[Yahoo/Bloomberg] Fed Warns of Worsening Market Liquidity in Stability Report

[Reuters] Inflation, Ukraine war seen as chief financial risks -Fed report

[Yahoo/Bloomberg] Ukraine Latest: Democrats Top Biden Ask With $40 Billion Package

[Yahoo/Bloomberg] Heat Wave Pushes Texas Power Demand Toward Levels Rarely Seen in Spring

[Reuters] Mexico inflation at 21-year high, central bank seen hiking rates again

[Bloomberg] BlackRock Abandons Bullish China Call After Stocks Tumble 28%

[FT] Fed warns sharp rise in interest rates poses risk to US economy

[FT] World on course to breach 1.5C warming threshold within five years

[FT] Crypto market value drops by $1.6tn since November high

[FT] Goldman Sachs pauses work on new Spacs after SEC takes tougher stance

Monday Afternoon Links

[Yahoo/Bloomberg] Stocks Slide in Broad-Based Rout Amid Fed Anguish: Markets Wrap 

[Yahoo/Bloomberg] Oil Slump Accelerates Amid EU Haggling and Sinking Equities

[Yahoo/Bloomberg] Bitcoin’s Unraveling Hits 50% From Peak With Drop Below $33,000

[Yahoo/Bloomberg] Ukraine Latest: EU Moves to Break Deadlock as Putin Talks WWII

[AP] No end in sight for Ukraine war as Putin hails Victory Day

[Reuters] Fed's Bostic says can do "maybe two, maybe three" half point hikes, then assess

[Reuters] U.S. consumer short-term inflation outlook dips, spending plans rise, New York Fed survey shows

[Yahoo/Bloomberg] Armstrong Flooring Files Bankruptcy, Blaming Rising Costs

[AP] China trade weakens after cities shut down to fight virus

[Bloomberg] Soaring Fuel Costs Cast Shadow for the U.S. Economy This Summer

[Bloomberg] Plunge in Crypto-Mining Stocks Deepens as Bitcoin Slumps

[Bloomberg] Goldman Is Pulling Out of Most SPACs Over Threat of Liability