Wednesday, September 29, 2021

Thursday's News Links

[Yahoo/Bloomberg] U.S. Stocks Advance as Volatile Quarter Nears End: Markets Wrap

[Reuters] Dollar hits one-year high, Wall Street headed for positive quarter

[AP] Congress moves to avert partial government shutdown

[Reuters] U.S. weekly jobless claims rise; second quarter GDP revised higher

[Yahoo/Bloomberg] China Factories Contract For First Time Since Pandemic Began

[Reuters] China power crunch slams factories as coal lobby warns woes could stay until winter

[Reuters] China manufacturing unexpectedly shrinks, services offer support

[CNBC] Why China’s power crunch is such a big deal

[AP] Shortages, shipping, shutdowns hit Asian factory output

[Reuters] Japan's factory output extends declines on car production cuts

[Reuters] Evergrande set to miss second offshore bond coupon payment this month, sources say

[Yahoo/Bloomberg] Bondholders in the Dark as Shares, Bonds Drop: Evergrande Update

[Yahoo/Bloomberg] China Tells Bankers to Support Property Market, Homebuyers

[Yahoo/Bloomberg] Chinese Builder Sunac Sees Financial Worries Rise to the Surface

[Yahoo/Bloomberg] German Inflation Jumps Above 4%, Highest in Nearly Three Decades

[Reuters] Explainer: Global energy shortage or a coincidence of regional crises

[Yahoo/Bloomberg] Riskier CLOs Are Coming to the Masses Via an ETF Buying BBB Debt

[WSJ] Infrastructure Bill in Peril as Democrats Strain to Unite Party

[WSJ] Car Companies Buckle Up for Extended Chip Shortage

[FT] Dealer lots sell out and junk yards pay up in tight US car market

Wednesday Evening Links

[Yahoo/Bloomberg] Tech Weighs on Equities While Dollar Extends Rally: Markets Wrap

[CNBC] House passes debt ceiling suspension that is doomed in the Senate

[Reuters] Biden agenda at risk as Democrats squabble ahead of shutdown deadline

[Reuters] Explainer: Standing at the precipice, Washington courts debt limit catastrophe

[Yahoo/Bloomberg] Debt Ceiling Anxiety Tracker: Bills Show Trader Concern Growing

[CNBC] Fed Chair Powell calls inflation ‘frustrating’ and sees it running into next year

[Reuters] Powell: "Tension" between jobs, inflation is the chief challenge facing Fed

[Reuters] Global supply disruptions could still get worse, central bankers warn

[FT] Fed’s Powell warns inflationary supply chain snags may persist

[FT] Global supply chains at risk of collapse, warn business leaders

Wednesday Afternoon Links

[CNBC] Market comeback rally weakens with S&P up slightly, Nasdaq trailing

[Yahoo/Bloomberg] Oil Shrugs Off First Rise in U.S. Crude Supplies Since July

[CNBC] Senate may vote Wednesday on bill to prevent a government shutdown as deadline approaches

[Yahoo/Bloomberg] Doomed Debt-Ceiling Bill Advances in House Panel as GOP Balks

[Reuters] Wall Street firms dust off plans as debt limit talks go to the wire

[Reuters] U.S. pending home sales jump to seven-month high; mortgage applications fall

[Yahoo/Bloomberg] Powell Says Inflation Spike Won’t Lead to New Inflation Regime

[Reuters] Fed's Harker says it will soon be time to begin tapering bond purchases

[CNN] The workers who keep global supply chains moving are warning of a 'system collapse'

[Yahoo/Bloomberg] Record Costs Slam U.S. Drillers as Oil Output Growth Slows

[Reuters] Fanatics Trading Cards valued at over $10 billion after latest funding

[FT] El-Erian: Bond sell-off is a warning to the Fed