Sunday, September 12, 2021

Monday's News Links

[Yahoo/Bloomberg] Energy Leads Stock Gains; Aluminum at 13-Year High: Markets Wrap

[Yahoo/Bloomberg] China Tech Shares Slide on Latest Volley of Internet Curbs

[Yahoo/Bloomberg] Oil Climbs as U.S. Supplies Slow to Return After Ida’s Battering

[Yahoo/Bloomberg] U.S. Inflation Starting to Look Like a Stimulus-Led Outlier

[Reuters] From zippers to glass, shortages of basic goods hobble U.S. economy

[Reuters] Insurers may take hit of $20 bln-$30 bln from Hurricane Ida- report

[Yahoo/Bloomberg] Here’s Why U.S. Oil Supplies Took Such Big Hit From Ida

[Yahoo/Bloomberg] Evergrande Crisis Escalates as Protests Break Out Across China

[Yahoo/Bloomberg] Cracks in China’s Growth Put Risk-Market Rally on Shaky Ground

[CNBC] China’s zero-Covid stance could worsen debt problems for companies

[Yahoo Finance] Soho China Shares Dive up to 40% as Blackrock Takeover Fails

[Bloomberg] Airlines’ Debt Pile Hits $340 Billion as Covid Chokes Travel

[Bloomberg] China Should Curb Tech Monopolies to Ensure Growth, Says PBOC Advisor

[Bloomberg] China’s Xi Urges Communist Party ‘Mr. Nice Guys’ to Take Action

[Bloomberg] WHO Envoy Warns of Increasing Risk of Covid Variants Evading Vaccines

[WSJ] House Democrats Consider 26.5% Corporate Tax Rate

[FT] El-Erian: Supply chain issues add to stagflationary winds

[FT] Food price inflation heaps pressure on poorer countries

[FT] Crypto ETF assets treble as investors take risks

[FT] The Xi personality cult is a danger to China

Sunday Evening Links

[CNBC] Stock futures are modestly higher after Dow, S&P post five straight days of losses

[Yahoo/Bloomberg] Oil Extends Advance as U.S. Supply Is Slow to Return After Ida

[CNBC] Sen. Joe Manchin says there’s no way to pass $3.5 trillion budget bill by September 27

[Yahoo/Bloomberg] Evergrande Haircut of 75% Is Now a Base Case for Bond Analysts

[Reuters] China to break up Ant's Alipay and force creation of separate loans app - FT

[Reuters] After the 'bazooka', Bank of Japan dismantles the work of its radical chief

[Reuters] Factbox-How the BOJ is quietly unwinding Kuroda's 'bazooka' stimulus

Sunday's News Links

[Reuters] Trading tantrum? Fed officials' personal dealings stir controversy, call for change

[CNBC] Markets brace for hot consumer inflation report in the week ahead

[Yahoo/Bloomberg] Bond Market Set for Fresh Take on Its Burning Inflation Question

[Yahoo/Bloomberg] Cracks in China’s Growth Put Risk-Market Rally on Shaky Ground

[Yahoo/Bloomberg] The World’s Shippers Are Earning the Most Money Since 2008

[Reuters] Japan says suspected Chinese submarine seen near territorial waters

[WSJ] Libor Transition Stokes Sales of Risky Corporate Debt

[WSJ] U.S. Stock Market Faces Risk of Bumpy Autumn, Wall Street Analysts Warn

[WSJ] Riskier Chinese Property Bonds Suffer as Evergrande Struggles

[WSJ] Shipping Options Dry Up as Businesses Try to Rebuild From Pandemic

[WSJ] Natural-Gas Market Conditions Look Unnatural

[FT] Russia’s war games with Belarus spark concern in west