Wednesday's News Links

[Yahoo/Bloomberg] Stocks Fall and US Yields Rise After CPI: Markets Wrap

[Reuters] US stocks and dollar defensive, bonds rally as Harris harries Trump

[Reuters] Dollar dips as investors stay cautious after US election debate

[Reuters] Oil recovers after slide as US inventory drop, storm support

[Yahoo/Bloomberg] Global Bond Yields Fall to Two-Year Low as Slowdown Fears Grow

[CNBC] Consumer prices rose 0.2% in August with core inflation higher than expected

[Reuters] Fed seen cutting policy rate by 25 bps next week 

[Yahoo/Bloomberg] US 30-Year Mortgage Rate Slides to Lowest Since February 2023

[Yahoo/Bloomberg] Hurricane Francine Threatens Flooding on Path to Louisiana

[AP] ‘Hellish’ scene unfolds as wildfire races toward California mountain community

[Reuters] BOJ policymaker signals readiness to raise rates if inflation on track

[Reuters] Kremlin says Moscow will respond if Kyiv uses US ATACMS missiles to strike Russia

[Reuters] Freight train derails in southwest Russia due to 'interference', officials say

[Reuters] China's banks have a nasty case of indigestion

[Yahoo/Bloomberg] China’s Unworkable Housing Rescue Math Is Prolonging Crisis

[AP] European business confidence in China is at an all-time low, report says

[Reuters] At China's Zhongzhi, risky practices preceded shadow bank's collapse

[Reuters] Draghi’s Europe plan collides with national crises

[Reuters] South Korea household borrowing posts biggest jump in over three years

[WSJ] AI Will Force a Transformation of Tech Infrastructure

[FT] How Wall Street won ‘capitulation’ from the Federal Reserve on new bank rules

[FT] Global ETF flows on course to soar past previous records

[FT] The ECB has no room to cut rates

[FT] The Middle East plays roulette as everyone gambles for time

Tuesday Evening Links

[Reuters] S&P 500 ends slightly higher but banks and energy weigh

[CNBC] JPMorgan Chase shares drop 5% after bank tempers guidance on interest income and expenses

[Yahoo/Bloomberg] The Stocks, Bonds and Currencies Investors Are Watching During the Trump-Harris Debate

[WSJ] U.S. Incomes Climbed Last Year, Census Bureau Says

[WSJ] Why Americans Are Sour on the Economy

Tuesday's Afternoon Links

[Reuters] Wall Street slips in lead up to inflation data; banks weigh

[Yahoo Finance] Oil tanks 4% to lowest level since 2021 on weak demand

[Reuters] US Gulf Coast residents flee, oil production shut as Francine intensifies

[CNBC] Federal Reserve unveils toned-down banking regulations in victory for Wall Street

[AP] Americans’ inflation-adjusted incomes rebounded to pre-pandemic levels last year

[Yahoo/Bloomberg] PBOC’s China Bonds See Trading Surge in Sign of Intervention

[WSJ] Fed Backpedals on Plan to Increase Big Bank Capital

[FT] US says Russia helping China develop military technologies