Thursday, August 15, 2024

Friday's News Links

[Yahoo/Bloomberg] Stocks Poised to Close Out Best Week of the Year: Markets Wrap

[Reuters] Gold headed for weekly gain as Sept US rate cut views firm

[Yahoo/Bloomberg] Oil Slumps at End of Choppy Week in Sign of Fading Risk Premium

[Reuters] Japanese stocks head for best week in 4 years as fading growth fears lift markets

[Reuters] Morning Bid: With US economy humming, a quarter point will do

[Reuters] US single-family housing starts tumble in July

[Yahoo/WSJ] How Booming Electricity Demand Is Stalling Efforts to Retire Coal and Gas, in Charts

[Yahoo/Bloomberg] The Rich Can’t Sell Their Art, So They’re Borrowing Against It

[Reuters] China will focus on boosting consumption to improve economy, premier says

[Yahoo/Bloomberg] PBOC Sees More Steps to Boost Growth But Nothing ‘Drastic’

[Reuters] Kremlin accuses the West of helping Ukraine attack Russia

[AP] Diplomacy intensifies to halt the Israel-Hamas war and prevent wider regional conflict

[Reuters] North Korea's Kim and Russia's Putin vow deeper ties on Korean liberation day

[Bloomberg] Five Big Questions for the Fed at Jackson Hole

[WSJ] Markets Are Way Out of Line With Reality, According to These Measures

[WSJ] The Share of Million-Dollar Homes in America Just Hit an All-Time High

[WSJ] Citadel’s Ken Griffin Has Remade the Hedge-Fund Industry, With Himself on Top

[FT] Ukraine’s incursion disrupts Putin’s war of attempted conquest

Thursday Evening Links

[Reuters] Indexes end higher as retail sales soothe slowdown fears

[Reuters] Fed Chair Powell to headline next week's Jackson Hole meet

[BBC] Ukraine sets up military office inside Russia

[Reuters] Political uncertainty may prod BOJ to pause, but not end, rate hike path

Thursday Afternoon Links

[Reuters] Wall St charges ahead as retail sales soothe slowdown fears

[Yahoo/Bloomberg] Oil Halts Two-Day Drop On Iran Tensions, Strong US Retail Sales

[Reuters] Dollar rises on reassuring data, euro slips

[Yahoo/Bloomberg] Traders Shred Bets on Big Fed Rate Cuts on Resilient US Economy

[Reuters] Strong data takes 50 bp cut in September off the table

[Yahoo/Bloomberg] Steadfast US Consumer, Job Market Allay Concerns About Economy

[Reuters] U.S. 30-year fixed-rate mortgage steadies near 15-month low, Freddie Mac says

[Yahoo/Bloomberg] Goldman Buyback Desk Flooded With Record Orders During Stock Swoon

[Yahoo/Bloomberg] US Industrial Production Declines by Most Since January on Beryl

[Reuters] US import prices edge up in July

[Yahoo/Bloomberg] New Yorkers Have a Growing Debt Problem as Real Incomes Slide

[Yahoo/Bloomberg] Iran Suspense Grows as Israel and Its Allies Brace for Attack