Saturday, May 4, 2024

Sunday's News Links

[Yahoo/Bloomberg] Yellen Counsels Caution on Currency Intervention After Yen Surge

[Bloomberg] Souring Profit Outlooks Threaten S&P 500’s 20% Rally

[Reuters] Netanyahu says ending Gaza war now would keep Hamas in power

[Reuters] Hopes for Gaza ceasefire appear slim as Cairo talks continue

[CNN] Israel to close Al Jazeera news network in the country

[AP] Ukraine marks its third Easter at war as it comes under fire from Russian drones and troops

[CNBC] AI could drive a natural gas boom as power companies face surging electricity demand

[AP] As Putin begins another 6-year term, he is entering a new era of extraordinary power in Russia

[Bloomberg] Emerging-Market Optimism Dashed by Fed as Currencies, Bonds Sink

[NYT] China Is Buying Gold Like There’s No Tomorrow

[WSJ] Property’s Waiting Game Is Getting Harder

[WSJ] Consumers Fed Up With Food Costs Are Ditching Big Brands

[WSJ] The Rocket Fuel Behind China Shock 2.0: Weak Currency, Deflation

[WSJ] The Science Behind Why the World Is Getting Wetter

[FT] Russia plotting sabotage across Europe, intelligence agencies warn

[FT] How Goldman Sachs grew up: 25 years since Wall Street’s elite firm went public

Saturday's News Links

[AP] Egypt media cite progress in truce talks as Israel downplays chances of end to war with Hamas 

[Yahoo/Bloomberg] Bond Market Parties On as Jobs Data Revive Fed Rate-Cut Bets

[Reuters] Fed's Williams says 2% inflation target 'critical'

[Yahoo/Bloomberg] Traders Spooked by Intervention Risk Trim Record Yen Shorts

[AP] Houston braces for flooding to worsen in wake of storms

[Axios] Bird flu's wild range

[FT] Can the strong dollar be tamed?

[FT] Panama Canal traffic recovers from drought caused by El NiƱo, study finds