Wednesday's News Links

[Yahoo/Bloomberg] US Stocks Climb With Inflation, China in Focus: Markets Wrap

[Yahoo/Bloomberg] Oil Erases Drop as US Stockpile Increase Vies With China Outlook

[Reuters] Flights grounded across United States after FAA system outage

[CNBC] Mortgage refinance demand surges, as homeowners take advantage of lower interest rates

[Yahoo/Bloomberg] Fed’s No-Rate-Cut Mantra Rejected by Markets Seeing Recession

[Yahoo/Bloomberg] Soaked California Faces More Rain as Residents Are Forced to Flee

[AP] US to max out on debt soon, setting up political fight

[Yahoo/Bloomberg] Ukraine Latest: Zelenskiy Says Russian War Won’t Become WWIII

[Yahoo/Bloomberg] China’s Corporate Loan Growth Picks Up on Rising Property Aid

[Reuters] China defends its retaliation against South Korea, Japan COVID curbs

[Yahoo/Bloomberg] China’s Population Likely Fell in 2022 as Births Hit New Low

[Yahoo/Bloomberg] Japanese Feel the Worst Off Since 2010 as Inflation Bite

[Yahoo/Bloomberg] A $314 Billion Debt Bill Looms Over Asia Borrowers as Rates Rise

[Yahoo/Bloomberg] Cost-of-Living Crisis Is Top Immediate Risk for Davos Elite

[Reuters] Macro hedge funds end 2022 on high, many others lose big, investors say

[Reuters] BlackRock's iShares flows top Vanguard's ETFs, fixed income on the up

[FT] Gold prices zoom higher on expectations for slower Fed rate rises

Tuesday Evening Links

[Reuters] Wall St ends higher, Powell comments avoid rate policy

[Reuters] California tormented by more heavy rains, damaging winds

[AP] After years of surpluses, California headed toward a deficit

[CNBC] Wells Fargo, once the No. 1 player in mortgages, is stepping back from the housing market

[The Atlantic] The Buy Now, Pay Later Bubble Is About to Burst

[Yahoo/Bloomberg] Biggest Ever Bear-Market Bounces Create Unending Pain for Shorts

[Reuters] 'Land covered in corpses' as Russia strives for first big Ukraine gains in months

[Bloomberg] Fed’s Bowman Says More Rate Hikes Needed to Curb Inflation

[Bloomberg] US Public Pension Debt Topped $1 Trillion in 2022, Equable Says

[FT] World Bank warns global economy on ‘razor’s edge’ of recession