Sunday, May 21, 2023

Monday's News Links

[Yahoo/Bloomberg] Traders on Alert as Debt-Limit Deadline Draws Near: Markets Wrap

[Yahoo/Bloomberg] Oil Steady as Markets Remain on Edge Over US Debt Cliffhanger

[AP] Biden, McCarthy to hold pivotal meeting on debt ceiling as time to resolve standoff grows short

[AP] Debt ceiling explained: Why it’s a struggle in Washington and how the impasse could end

[Reuters] Could Biden use the 14th Amendment to raise the debt ceiling?

[Reuters] How Wall Street is preparing for possible US debt default

[Yahoo/Bloomberg] Fed’s Kashkari Says a June Rate Pause or Hike Is a ‘Close Call’

[Reuters] Economists push back expected Fed rate cut to 2024, NABE poll shows

[Reuters] Analysis: Private equity steps up lending as US banks pull back

[Reuters] Kansas farmers abandon wheat fields after extreme drought

[Reuters] Analysis: China's Micron ban highlights chipmakers' dilemma as Sino-U.S. tensions grow

[Reuters] China holds lending rates steady; market sees reserve ratio cut as next move

[Yahoo/Bloomberg] China Blasts US ‘Sincerity’ as Biden Calls for More Talks

[Yahoo/Bloomberg] Goldman Sees Little Respite for Yuan Despite PBOC Pushback

[WSJ] Biden, McCarthy Try to Get Debt-Ceiling Deal Done

[WSJ] Bank Runs Trash Long-Held Assumption on Deposits

[WSJ] Top Property Owners Are Creditworthy—They Might Default Anyway

[WSJ] Chinese Speech Fears Skyrocket After Military Attack on Comedian

[FT] Flaring tensions over G7 and Micron show limits to US-China reset