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

Sunday Evening Links

[Yahoo/Bloomberg] Stocks, U.S. Futures Decline; Turkey’s Lira Slides: Markets Wrap

[Reuters] Asian shares steady, dollar weak as traders await earnings

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

[Yahoo/Bloomberg] Brent Oil Rises Above $85 as Saudi Arabia Vows Caution on Supply

[Reuters] Democrats 'pretty much there' on U.S. social spending bill -Pelosi

[Reuters] Yellen says U.S. is not losing control of inflation

[Yahoo/Bloomberg] La Nina Threatens to Worsen Energy Crisis With Colder Winter

Sunday's News Links

[Reuters] Schumer, Manchin in talks at Biden's Delaware home on infrastructure -White House

[Yahoo/Bloomberg] Bondholders Risk $2.6 Trillion Hit on Even a Modest Yield Rise

[Yahoo/Bloomberg] Chinese Economy Risks Deeper Slowdown Than Markets Realize

[Reuters] China's debt-ridden Evergrande resumes work on more than 10 property projects

[Reuters] Turkey to expel U.S. envoy and nine others, Erdogan says

[Yahoo/Bloomberg] Erdogan’s Latest International Spat May Deal Fresh Blow to Lira

[WSJ] U.S. Companies Bet Shoppers Will Keep Paying Higher Prices

[WSJ] Home Prices Rise, and Single People Are Running Out of Houses to Buy