Wednesday, December 1, 2021

Thursday's News Links

[Yahoo/Bloomberg] Stocks Mixed as Tech Slump Weighs: Markets Wrap

[Yahoo/Bloomberg] Turkish Lira Erases Central-Bank-Fueled Gain as Minister Resigns

[Yahoo/Bloomberg] Oil Erases Gains as OPEC+ Meets With Omicron Risking Demand

[CNBC] House strikes deal to avoid a government shutdown one day before deadline

[CNBC] Jobless claims less than expected as labor market returns to pre-pandemic self

[Reuters] U.S., Germany plan new restrictions as Omicron rattles investors

[Reuters] Erdogan picks low-rates champion as finance minister as Turkish lira skids

[Reuters] China's Kaisa struggles for relief from bondholders as default risk looms

[Reuters] China summons Japan envoy over former PM Abe's comments on Taiwan

[Yahoo/Bloomberg] Fed’s Mester Open to Faster Taper to Win Space for Rate Hike

[Reuters] Euro zone producer prices surge in Oct, unemployment eases

[Yahoo/Bloomberg] Omicron Makes BOE’s December Rate Increase Anything But Certain

[Yahoo/Bloomberg] Brazil Economy Slips Into Recession for Second Year in a Row

[Reuters] U.S., NATO fully committed to Ukraine, says Blinken ahead of Lavrov talks

[Bloomberg] Listed Units Sink, Kaisa Make-or-Break Moment: Evergrande Update

[WSJ] The Scramble for EV Battery Metals Is Just Beginning

[FT] Jay Powell looks past Omicron threat in hawkish pivot on inflation

[FT] Central banks do not have the luxury of time in tackling inflation

[FT] What we know about Omicron variant that has sparked global alarm

Wednesday Evening Links

[Reuters] Wall Street closes lower as Omicron and inflation worry investors

[Yahoo/Bloomberg] S&P 500 Has Worst Two-Day Rout Since October 2020: Markets Wrap

[Yahoo/Bloomberg] Turkish Lira Drops Anew After Erdogan Replaces Finance Chief

[Reuters] Oil prices sink again as traders use Omicron as an excuse to hit 'sell'

[Yahoo/Bloomberg] Fed Says Price Rises Robust Amid Strong Demand, Supply Snags

[Reuters] U.S. firms battle higher inflation and worker shortages, Fed survey shows

[Yahoo/Bloomberg] Kaisa Abandons Hong Kong Developments in Race to Avoid Default

[Reuters] Turkey's Erdogan appoints Nureddin Nebati as finance minister

[Bloomberg] Hedge Funds Bail From Stocks as Powell, Covid Roil Markets

Wednesday Afternoon Links

[Reuters] Stocks roar higher as traders park COVID and Fed jitters 

[Reuters] U.S. oil pares gains after weekly fuel stockpiles jump

[CNN] First confirmed US case of Omicron coronavirus variant detected in California

[MSN/WP] Government nears weekend shutdown as Republicans take aim at vaccine and testing mandates

[AP] Powell: Fed ‘not at all sure’ inflation will fade next year

[Yahoo/Bloomberg] Powell Says Fed Policy Will Adapt Amid Risk of Persistent Inflation

[Reuters] U.S. manufacturing presses ahead; labor market gaining traction

[CNBC] CEOs and insiders sell a record $69 billion of their stock, and the year isn’t over yet

[CNBC] WHO says South Africa Covid hospitalizations are rising but it’s too soon to know severity of omicron

[Reuters] Turkey spends money it doesn’t have

[Reuters] U.S. tells Russia to pull back from Ukraine or face painful sanctions

[NYT] A Top Official Says the Fed Will ‘Grapple’ With Faster Bond-Buying Taper

[WSJ] In the Fight Against Omicron, Scientists See Glimmers of Hope