Thursday's News Links

[Yahoo/Bloomberg] Stocks Drop Amid Mounting Recession Woes: Markets Wrap

[Reuters] Futures tumble on last day of a torrid first-half on growth fears

[CNBC] Bitcoin falls below $19,000 again as pressure mounts on crypto firms

[Yahoo/Bloomberg] Europe Junk Credit Gauge Above 600 for First Time Since 2020

[Yahoo/Bloomberg] Oil Set for First Monthly Decline This Year Before OPEC+ Meeting

[Yahoo/Bloomberg] US Consumer Spending Softens; Prices Rise Less Than Forecast

[CNBC] Fed’s preferred inflation measure rose 4.7% in May, around multi-decade highs

[Yahoo Finance] US jobless claims total 231,000 last week

[AP] OPEC+ may not be much help with high oil, gasoline prices

[Yahoo/Bloomberg] Dealmakers Buckle Up as Records Give Way to Ruptures in M&A

[Reuters] Markets in H1: The almost perfect storm

[Dow Jones] First Wall Street bank to call a U.S. recession now sees chance that inflation fails to decelerate

[Reuters] Russia's Medvedev says sanctions could be justification for war

[Reuters] BOJ's public relations crisis forces rethink on inflation message

[Reuters] Emerging markets face bleak outlook after stormy start to the year

[Reuters] China's factory, service sectors shake off 3 months of lockdown pain

[Reuters] Chinese homebuilders skirt discount limits with 'fancy' promotions -report

[Yahoo/Bloomberg] Germany Mulls Uniper Bailout to Stem Russian-Gas Contagion

[Yahoo/Bloomberg] French Inflation Hits Fresh Record as ECB Prepares to Hike Rates

[Yahoo/Bloomberg] Ukraine Latest: Russian Troops Withdrawn From Key Island Base

[MSN/Washington Examiner] Russia has no interest in peace talks, leading NATO officials say

[Yahoo/Bloomberg] Colombia’s Petro Names Ocampo Finance Minister in Nod to Market

[Yahoo/Bloomberg] Hedge Funds Spawned by Hillhouse Burned in China Rout

[Reuters] Analysis-Saudi Arabia walks oil policy tightrope between Biden and Putin

[AP] Russia and China slam NATO after alliance raises alarm

[Reuters] Important we make sure Taiwan can defend itself, UK's Truss says

[AP] Climate concerns grow as US helps Europe replace Russian gas

[AP] WHO: COVID-19 cases rising nearly everywhere in the world

[Bloomberg] Home Listings Surge in Turnabout for Supply-Starved US Market

[WSJ] Powell Says Fed Must Accept Higher Recession Risk to Combat Inflation

[WSJ] Consumer Spending Gains Likely Cooled in May, Economists Say

[WSJ] Markets Head Toward Worst Start to a Year in Decades

[WSJ] CEO Stock Sales Raise Questions About Insider Trading

[FT] Ukraine plays down hope of deal to end Russian grain blockade

[FT] China clamps down on Hong Kong as Xi Jinping visits to mark handover

[FT] Putin’s rupture with the west turns Russia towards China

[FT] Megadeals buoy global M&A despite pullback from record 2021

Wednesday Evening Links

[Reuters] S&P 500 limps to slightly lower close as quarter-end looms

[Yahoo/Bloomberg] Oil Rally Reverses Amid Signs of Slowing Gasoline Demand

[Yahoo/Bloomberg] Central Bankers Write Requiem for Low-Inflation Strategies

[Reuters] Analysis: Markets challenge Fed timeline, threatening more swings in Treasuries

[Reuters] Putin still wants most of Ukraine, war outlook grim -U.S. intelligence chief

[Reuters] Russia warns West: Don't take your assets in our country for granted

[Reuters] Putin: Russia will respond if NATO sets up infrastructure in Finland, Sweden

[Yahoo/Bloomberg] Shaky Housing Adds $7 Trillion Hazard to Australia’s Economy

[FT] Crypto hedge fund Three Arrows falls into liquidation

Wednesday Afternoon Links

[Yahoo/Bloomberg] Stocks Waver, Bonds Gain With Focus on Policy: Markets Wrap

[Yahoo/Bloomberg] ‘Altcoins’ Lead Crypto Slide as Bitcoin Bounces Around $20,000

[Yahoo/Bloomberg] Oil Creeps Up as Markets Tighten Before Double Dose of US Data

[Yahoo/Bloomberg] Powell Says US Economy in Strong Shape, Fed Can Avert Recession

[Reuters] Fed's Powell: 'Clock is running' for Fed to bring inflation down

[Yahoo/Bloomberg] Crypto Hedge Fund Three Arrows Gets Liquidation Order

[Yahoo/Bloomberg] US Farmers Battle Floods, Heat in Bid to Replenish Food Supplies

[AP] NATO calls Russia its ‘most significant and direct threat’

[Yahoo/Bloomberg] ECB Gets Inflation Whiplash as Spain at 10%, Germany Slows

[NYT] Highest Mortgage Rates Since 2008 Housing Crisis Cool Sales