Wednesday, November 24, 2021

Thursday's News Links

[Yahoo/Bloomberg] Low Volumes Spark Swings in Stocks to Commodities: Markets Wrap

[Yahoo/Bloomberg] Oil Steady After OPEC Says Reserves Release to Bloat Surplus

[Yahoo/Bloomberg] Stock Funds Took in More Cash in 2021 Than Two Decades Combined

[Yahoo/Bloomberg] California Power Outages Rise as High Winds Raise Fire Risk

[MSN/Bloomberg] New Coronavirus Variant a ‘Serious Concern’ in South Africa

[Yahoo/Bloomberg] Kaisa Debt Swap Offer; Chengdu City Support: Evergrande Update

[Yahoo/Bloomberg] China Urges Local Governments to Spend More to Counter Slump

[Reuters] China probes insurance fund use in property sector to curb risk -report 

[Reuters] China non-committal on U.S. 'drop in the ocean' oil release

[CNBC] German central bank warns of overblown property prices with the problem spreading

[Yahoo/Bloomberg] Bank of Korea’s Lee Signals More Hikes Ahead, Avoids Timetable

[Reuters] U.S. lawmakers coming to Taiwan on military-focused trip -report

[Reuters] U.S. should not have any illusions about Taiwan, says China

[Bloomberg] South Florida and New York See Apartment Rents Surge More Than 30%

[WSJ] Another Reason Inflation May Be Here to Stay

[WSJ] What Inflation? Small Investors Keep Piling Into Flashy Growth Stocks

[WSJ] Europe’s Covid-19 Surge Presents Hard Choices as Winter Approaches

[Financial Times] El-Erian: Obama-era ‘shellacking’ looms unless the Fed wakes up to inflation

Wednesday Evening Links

[Reuters] Wall Street ends higher; Nvidia surge offsets Nordstrom, Gap slide

[Yahoo/Bloomberg] Mexico Peso Sinks After Banxico Pick Fuels Meddling Concerns

[Reuters] Argentine bonds sink to 'default levels' as political risk rises

[Yahoo/Bloomberg] Fed Officials Stressed Flexibility on Taper Pace at Last Policy Meeting

[Reuters] More Fed officials open to speeding up bond-buying taper, rates liftoff

[Yahoo/Bloomberg] Fed Officials Entering ‘New Era’ on Overheating, Summers Says

[Reuters] U.S. economy eyes strong 2021 finish as labor market tightens, spending accelerates

[Yahoo/Bloomberg] Love Affair With Riskiest Assets Turns Turbulent on Fed Fears

[Reuters] Factbox: Victoria Rodriguez, Mexico's new pick for central bank governor

[Reuters] Ukraine launches 'special operation' on Belarus border, holds Javelin drills

[WSJ] Fed Officials Debated Inflation Concerns, Taper Pace at November Meeting

[FT] Key US inflation measure posts biggest jump since 1990s

Wednesday Afternoon Links

[Reuters] Wall Street pares losses on positive economic data, tech recovery

[Yahoo/Bloomberg] Retail Stocks Plunge After Gap, Nordstrom Highlight Supply-Chain Problems

[Yahoo/Bloomberg] Mexico Peso Falls After Banxico Pick Fuels Independence Doubts

[AP] Consumer spending rebounds despite rising October inflation

[AP] US new homes sales rise 0.4% in October as prices climb

[Reuters] After Powell's renomination, attention turns to speed of Fed's bond-buying taper

[Reuters] COVID cases break records in Europe, prompting booster shot rethink

[FT] Mexico’s president spooks markets with central bank nominee

[FT] Tett: The US and China are already at war. But which kind?