Wednesday, October 20, 2021

Thursday's News Links

[Yahoo/Bloomberg] Stocks Fall on Growth Concerns; Dollar Steady: Markets Wrap

[Yahoo/Bloomberg] Oil Slips From 7-Year High With Key U.S. Storage Hub in Focus

[Reuters] China Evergrande shares fall in resumed trade after $2.6 billion deal collapses

[Reuters] Turkish lira plummets to new low after central bank slashes rates

[AP] Big changes in White House ideas to pay for $2 trillion plan

[CNBC] Jobless claims fall again as enhanced pandemic benefits fade away

[Reuters] Inflation watch: Corporate chiefs see prices moving in only one direction

[Yahoo/Bloomberg] Evergrande Shares Plunge as Deal Talks End, Sales Sink 97%

[Reuters] Analysis: What lies beneath? Hidden debt fears feed China's property woes

[Yahoo/Bloomberg] Regulator Says Risk Contained, Shares Plunge: Evergrande Update

[Yahoo/Bloomberg] China Property Purge Hammers Weak Players While the Strong Gain

[CNBC] Evergrande is ‘just the beginning’: Professor says more firms must exit China’s property sector

[Yahoo/Bloomberg] Energy Crisis Exposes EU Tensions With Few Fixes for Leaders

[Reuters] Analysis: Exit of ECB's Weidmann, decade of economic change shows hawk as endangered species

[Yahoo/Bloomberg] China Removes Caixin From List of Official News Outlets After Angering Beijing

[CNBC] The delta variant has a mutation that’s worrying experts: Here’s what we know so far

[Reuters] NATO to agree master plan to deter growing Russian threat

[Bloomberg] Inflation Expectations Surge to Highest in More Than a Decade

[Bloomberg] Biden Tackles Supply-Chain Crisis With Few Tools, Clock Ticking

[Bloomberg] China’s Trouble Is Now About Much More Than Evergrande

[NYT] Fed Ethics Office Warned Officials to Curb Unnecessary Trading During Rescue

[WSJ] Evergrande Is Struggling to Sell Homes—and Its Assets

[WSJ] Chinese Developer Defaults Pile Up as Evergrande Contagion Spreads

[WSJ] Supply-Chain Crisis Fuels Latest Retreat From Globalization

[FT] Wage pressures become inflationary flashpoint in developed economies

[FT] Europe after Merkel: will Germany take a tougher approach?

[FT] Beijing targets top financial news outlet Caixin in media crackdown

Wednesday Evening Links

[CNBC] Stock futures inch lower in overnight trading after Dow retakes record high

[AP] Stocks end higher, bringing S&P 500 to the cusp of a record

[Yahoo/Bloomberg] Oil Reaches Seven-Year High After Surprise Drop in U.S. Supplies

[Yahoo/Bloomberg] Gold Rises After Fed Official Plays Down Rate Hike Prospects

[Yahoo/Bloomberg] Bets on Higher U.S. Treasury Yields Strain Dollar-Funding Market

[AP] Fed survey finds economy facing supply chain, other drags

[Reuters] Fed report shows wage pressures amid 'modest to moderate' economic growth

[AP] What’s in, and what’s out, as Democrats trim Biden bill

[Yahoo/Bloomberg] Fed’s Quarles Urges November Taper and Warns of Inflation Risks

[Yahoo/Bloomberg] China Tech ETF Balloons to Record Size as U.S. Cash Floods In

[AP] Senate report urges charging Brazil’s leader over pandemic

Wednesday Afternoon Links

[Reuters] S&P 500, Dow near record highs on solid forecasts from healthcare firms

[CNBC] Panic ordering by retailers is making the supply chain crisis ‘even worse’

[CNN] Wanted: 80,000 truck drivers to help fix the supply chain

[Yahoo/Bloomberg] Firm Ends Talks for Cash-Infusing Unit Sale: Evergrande Update

[Yahoo/Bloomberg] Flatter Yield Curve Is Bad News for Corporate Bonds, BofA Says