Wednesday, June 22, 2022

Thursday's News Links

[Yahoo/Bloomberg] Bond Yields Sink on Recession Fear; Stocks Gain: Markets Wrap

[Yahoo/Bloomberg] Global Yields Drop From Multi-Year Highs as Recession Fears Grow

[Reuters] Oil rebounds as investors assess recession risks

[Reuters] Euro struggles around $1.05 on gloomy PMIs

[Reuters] U.S. weekly jobless claims grind lower amid tight labor market

[Yahoo/Bloomberg] Wall Street Faces Billion-Dollar Losses on Sinking Buyout Debt

[Yahoo/Bloomberg] Russia Slams Default Threat as ‘Farce,’ Pays Interest in Rubles

[Yahoo/Bloomberg] Germany Warns of Lehman-Like Contagion From Russian Gas Cuts

[Yahoo/Bloomberg] Energy Is Now Viewed as the Next Fault Line for Global Markets

[Reuters] Germany triggers gas alarm stage, accuses Russia of 'economic attack'

[Reuters] Battle for Donbas twin cities reaches 'fearsome climax', says Ukraine

[Reuters] Nearly 1 in 5 adults who had COVID have lingering symptoms - U.S. study

[Reuters] Norway central bank makes largest rate hike in two decades

[Yahoo/Bloomberg] Eurozone Economy Slows Sharply on Squeeze From Record Prices

[Reuters] UK economy 'running on empty' as recession signals mount - PMI

[Yahoo/Bloomberg] Xi Reaffirms Growth Target That Analysts Say Is Out of Reach

[Reuters] China heatwaves drive up power demand to record levels, southern floods swamp cities

[Bloomberg] Authers: The Age of Credibility for Central Banks Is Over

[WSJ] Fed’s Jerome Powell to Head to the House With Interest Rates in Focus

[WSJ] ‘Buy the Dip’ Faith Has a Last Bastion: Individual Investors

[FT] US banks take a hit from discounted corporate bond sales

[FT] Complacency led policymakers to misdiagnose inflation

[FT] Investors crank up bets on BoJ surrendering yield curve controls

Wednesday Evening Links

[Yahoo/Bloomberg] Growth Worries Spur Bonds, Set to Restrain Stocks: Markets Wrap

[Reuters] Wall Street ends lower after Powell remarks, as energy shares drag

[Yahoo Finance] Fed officials start to embrace the possibility of recession

[Reuters] An early look at June U.S. jobs data suggests pickup, not slump

[Reuters] Fed's Evans: another big rate hike 'reasonable' for July

[Reuters] Canada inflation up near 40-year high; calls mount for 75-bps rate hike

[Yahoo/Bloomberg] China, India May Be Buying More Russia Oil Than Known, US Says

[FT] Jay Powell warns US recession is ‘certainly a possibility’

Wednesday Afternoon Links

[Yahoo/Bloomberg] Stocks Rise as Powell Seen as ‘Less Hawkish’: Markets Wrap

[Yahoo/Bloomberg] Powell Says Soft Landing ‘Very Challenging,’ Recession Possible

[Reuters] Powell says Fed 'strongly committed' to inflation fight, but not trying to trigger recession

[Yahoo/Bloomberg] Crop Facilities Hit at Ukraine Port, Adding to War’s Food Damage

[Reuters] Rising rates pressuring countries' credit ratings, S&P Global warns