Tuesday, June 15, 2021

Wednesday's News Links

[Yahoo/Bloomberg] U.S. Stocks Waver, Bonds Steady on FOMC Day: Markets Wrap

[Yahoo/Bloomberg] Gold Holds Near Four-Week Low as Investors Await Fed Meeting

[Reuters] Fed expected to signal start of monetary policy shift debate

[Reuters] U.S. mortgage applications rise as purchases rebound

[Reuters] Service sector business activity in NY region growing at record pace- NY Fed survey

[AP] US home construction posted moderate 3.6% gain in May

[Reuters] Fannie Mae cuts U.S. home sales forecast, points to supply constraints

[Reuters] Faster U.S. wage rises will help entrench inflation: Kemp

[Reuters] U.S. IPOs hit annual record in less than six months

[Yahoo/Bloomberg] China’s Campaign to Control Commodities Goes Into Overdrive

[Yahoo/Bloomberg] China Steps Up Crackdown on $1 Trillion Bank Wealth Products

[Reuters] Japan exports jump most in 41 years, machine orders rise

[Reuters] Wide gulf, slim hopes as Putin and Biden begin summit

[Reuters] After massed plane incursion near Taiwan, China says must respond to 'collusion'

[Bloomberg] El-Erian: Fed Needs to Take Action Despite Its Framework

[Bloomberg] Poultry Prices Soar to Record Amid U.S. Chicken-Sandwich Wars

[WSJ] Fed Meeting Likely to Signal Possible Policy Shifts

[WSJ] Risks Rise to Both the Fed’s Inflation and Employment Goals

[WSJ] U.S. Housing Market Needs 5.5 Million More Units, Says New Report

[WSJ] Turkey’s Troubles Point to Emerging-Market Risks as Economies Recover

[WSJ] China Repackages Its History in Support of Xi’s National Vision

[FT] Inflation poses a duration problem for investors

[FT] Watch the ‘dot plot’ at the Fed meeting today

[FT] Shares in China’s Suning frozen as fears grow about debt pile

Tuesday Evening Links

[Yahoo/Bloomberg] Asia Stocks to Dip as Fed Meets; Oil Extends Rally: Markets Wrap

[Reuters] Futures hold steady with Fed meeting in focus 

[Reuters] Analysis: Transitory or here-to-stay? Investors try to read the inflation clues

[Yahoo/Bloomberg] Texas, California Gird for Power Shortfalls as Heat Bakes West

[AP] Impatient Democrats prepare to go-it-alone on infrastructure

[Reuters] U.S. retail sales take step back as spending pivots to services, trend remains strong

[CNBC] Rents for single-family homes just saw the largest gains in nearly 15 years

[CNBC] Most professional investors agree with the Fed on inflation, Bank of America survey shows

[CNBC] China is kicking out more than half the world’s bitcoin miners – and a whole lot of them could be headed to Texas