Tuesday, October 26, 2021

Wednesday's News Links

[Yahoo/Bloomberg] Stocks Fluctuate Amid Mixed Earnings; Bonds Gain: Markets Wrap

[Yahoo/Bloomberg] China Tech Stocks Slump as Tensions With U.S. Spook Investors

[Yahoo/Bloomberg] Global Inflation Battleground Heads to Australia as Yields Surge

[Reuters] U.S. trade deficit widens in September; inventories mixed

[Reuters] Fed faces showdown as supply, demand and 'patience' collide

[AP] Democrats unveil billionaires’ tax as Biden plan takes shape

[Reuters] Senate Democrats unveil corporate tax for Biden agenda

[Dow Jones] Durable-goods orders decline in September, pulled lower by autos and planes

[Reuters] Analysis: The 1970s all over again? Stagflation debate splits Wall St

[CNBC] Mortgage rates rise to an 8-month high, tanking refinance demand

[Yahoo/Bloomberg] Mnuchin Warns on Unintended Consequences of Billionaire Tax Plan

[Reuters] China Evergrande shares fall on persistent pressure from debt travails

[Yahoo/Bloomberg] China Urges Hui to Tap Wealth; Firms to Repay: Evergrande Update

[Reuters] Exclusive: China developers propose offshore debt maturity extension, restructuring to regulators - sources

[Reuters] Vegetables pricier than pork worry Chinese consumers as costs swell

[Yahoo/Bloomberg] Brazil Set for Biggest Rate Hike in Two Decades: Decision Guide

[Yahoo/Bloomberg] Rokos Hedge Fund Slumps 20% in Worst Year for Famed Macro Trader

[Bloomberg] Shanghai Starts Trial to Clear Hidden Debt as China Cuts Risks

[Bloomberg] China’s Regional Hinterland Suffers as Beijing Reins In Debt

[Bloomberg] U.S. Gen. Mark Milley Likens China’s Hypersonic Weapon Test to ‘Sputnik Moment’

[Bloomberg] China Warns U.S. Support for Taiwan Poses ‘Huge Risks’ to Ties

[WSJ] How the Billionaires Income Tax Would Work

[FT] Short-dated US bond yields rise as central bank meetings draw near

[FT] China urges property developers to pay international debts

Tuesday Afternoon Links

[Reuters] S&P 500 hits record high on tech strength, earnings cheer

[Yahoo/Bloomberg] Oil Rises With Traders Awaiting Data on U.S. Supply Levels

[CNBC] Corporate minimum tax proposal unveiled by key Senate Democrats as Biden social bill comes together

[Yahoo/Bloomberg] Senator Brown Sees Powell Renomination as Fed Chief as a ‘Maybe’

[Reuters] Biden to name 'slate' to Fed that may include Powell, Senator Brown says

[The Hill] Fed faces challenges to credibility

[Reuters] Major issues unresolved as Democrats in U.S. Congress seek deal on spending bill

[Yahoo/Bloomberg] SALT-Cap Proposal Is Floated for Two Years Off and Four Years On

[Yahoo/Bloomberg] Pricey Lumber Is Back Boosted by Supply Cuts, Labor Shortage

[Reuters] Biden heads to G20 to talk energy prices, supply chain woes

[Reuters] U.S. consumer confidence rebounds; house price growth likely peaked

[AP] “Buy it when you see it.” Retailers dread holiday shortages

[Yahoo/Bloomberg] Hedge Funds Revive Treasury Basis Trade as Front-End Yields Soar

[Yahoo Finance] Truckers, port workers vent as supply chain frustration mounts: 'A lot of us are willing to work'

[Yahoo/Bloomberg] Bank of Canada on Cusp of Capping Stimulus: Decision Guide

[NYT] The Bond Market Says Inflation Will Last. You Should Be Listening.

[NYT] This Year’s Thanksgiving Feast Will Wallop the Wallet