Sunday, October 24, 2021

Monday's News Links

[Yahoo/Bloomberg] U.S. Stocks Steady Ahead of Big-Tech Earnings: Markets Wrap 

[Yahoo/Bloomberg] Brent Oil Tops $86 as Saudi Arabia Vows Caution on OPEC+ Supply

[Yahoo/Bloomberg] Lira Drops to Record After Erdogan’s Threat Against Envoys

[Yahoo/Bloomberg] Yellen Expects High Inflation Through Mid-2022 Before Easing

[AP] AP source: Manchin agreeable to wealth tax for Biden plan

[CNN] Fresh lockdowns in China as local Covid-19 infections spread to 11 provinces

[Reuters] Inflation genie out of the bottle: Five questions for the ECB

[Reuters] Supply headaches sink German business morale to six-month low

[Reuters] Chinese companies' hedging activities spike as commodity prices jump - data

[Reuters] Greenhouse gas levels hit record; world scrambles to contain damage

[Bloomberg] Goldman Cuts China’s Growth Forecast for Next Year to 5.2%

[WSJ] Fed Prepares to Taper Stimulus Amid More Doubts on Inflation

[WSJ] Tax on Billionaires’ Unrealized Gains Will Likely Be in Budget Package, Democrats Say

[WSJ] Natural-Gas Sticker Shock Is Coming to Your Dinner Table and Commute

[WSJ] Prepare for Propane Sticker Shock

[WSJ] Xi’s ‘Common Prosperity’ in Theory and Practice

[WSJ] China Evergrande Says Work on Some Residential Projects Has Resumed

[FT] The dangerous private capital party

[FT] The pandemic stimulus has backfired in emerging markets

[FT] Governments need to fix supply chain crisis, top shipping boss warns