Wednesday, January 31, 2024

Thursday's News Links

[Yahoo/Bloomberg] Stocks Rise Before Apple, Meta Earnings: Markets Wrap

[Yahoo/Bloomberg] Oil Advances Ahead of Promised US Response to Jordan Attack

[Yahoo/Bloomberg] US Property Losses Trigger 20% Plunge in Japanese Bank Aozora

[AP] Israel and Lebanon are prepping for a war neither wants, but many fear it’s becoming inevitable

[Reuters] US worker productivity strong in fourth quarter; weekly jobless claims rise

[Reuters] US job cuts more than double in January -report

[AP] Home prices jumped by the most in almost a year in November, this closely watched barometer says

[Yahoo/Bloomberg] NY Community Bancorp Flashes a $560 Billion Real Estate Warning for Banks

[Yahoo/Bloomberg] Wall Street Gets Reality Check as Powell Saps Fast Rate-Cut Bets

[Yahoo/Bloomberg] Fed’s Powell Cements Pivot But Pushes Back on Timing of Cuts

[Reuters] Goldman Sachs pushes back Fed rate cut expectation to May from March

[Reuters] Global passive equity funds' assets eclipsed active in 2023 for first time

[Yahoo/Bloomberg] BOE Raises Prospect of Rate Cuts in 2024 If Inflation Eases

[Yahoo/Bloomberg] Euro-Area Prices Slow Less Than Expected, Clouding ECB Cuts

[Yahoo/Bloomberg] Five Charts to Explain Record-Breaking Bond Sales in Europe

[Yahoo/Bloomberg] China Vows to Keep Up Spending in 2024 After Stimulus Cut

[Reuters] China's factory activity expands on export order boost - Caixin PMI

[Yahoo/Bloomberg] Evergrande’s Unsold Tower, Hui’s Mansion Bode Ill for Creditors

[Reuters] China new home prices rise at fastest pace in nearly 2-1/2 years -private survey

[Reuters] Japan Jan factory activity shrinks modestly on softer demand - PMI

[Reuters] Asia's factories struggle for momentum amid soft Chinese demand

[Reuters] EU agrees $54 billion in new aid for Ukraine as Hungary falls in line

[Reuters] Farmers' anger spreads in Europe, governments promise help

[Reuters] Exclusive: US disabled Chinese hacking network targeting critical infrastructure

[Bloomberg] Risky Borrowers Storm Loan Market for Once ‘Unthinkable’ Savings

[NYT] The Fed Holds Interest Rates Steady and Is Not Quite Ready to Cut Them.

[NYT] The Fed Is Taking It Slow. But the Markets Want More.

[WSJ] On the High Seas, a Pillar of Global Trade Is Under Attack

[WSJ] Powell Navigates ‘Toxic’ Politics of Rate Cuts as Election Nears

[WSJ] The Rapid Rise of the $100 Million Trophy Home

[WSJ] Beijing Pledges More Fiscal Support as Economy Stumbles