Thursday, October 13, 2022

Thursday's News Links

[Yahoo/Bloomberg] Stocks Sink as Inflation Beat Seals Jumbo Hike: Markets Wrap

[Yahoo/Bloomberg] UK Pension Funds Selling Stokes Fear Across Global Bond Markets

[Yahoo/Bloomberg] Oil Heads for Longest Losing Run Since 2021 on Slowdown Concerns

[Yahoo/Bloomberg] Core US Inflation Rises to 40-Year High, Securing Big Fed Hike

[Reuters] U.S. consumer prices increase more than expected in September; weekly jobless claims rise

[CNBC] Social Security cost-of-living adjustment will be 8.7% in 2023, highest increase in 40 years

[Reuters] Analysis: As markets fret, Fed officials reject idea of rising financial stability risks

[Yahoo/Bloomberg] Chip Industry Braces for ‘Heavy Blow’ From China Export Curbs

[Reuters] UK government discussing possible changes to fiscal plan - Sky News

[Yahoo/Bloomberg] Kwarteng Says BOE Will Be to Blame If UK Markets Slide Next Week

[BBC] Liz Truss under pressure from senior Tory MPs to rethink tax cuts

[Yahoo/Bloomberg] Yellen Worries Over Loss of ‘Adequate Liquidity’ in Treasuries

[Reuters] Yellen warns of 'geopolitical coercion' by Russia, China

[AP] Social Security payments set for big increase. What to know.

[Yahoo/Bloomberg] China Debt Crisis Sparked by Evergrande Snares State-Aided CIFI

[Yahoo/Bloomberg] China’s Bursting Housing Bubble Will Rock the Economy for Years

[Bloomberg] UK Pension Funds Selling Stokes Fear Across Global Bond Markets

[Bloomberg] Shanghai Covid Cases Jump to Three-Month High as Schools Close

[Bloomberg] China’s Bursting Housing Bubble Will Rock the Economy for Years

[Bloomberg] Crypto Hackers Set for Record Year After Looting Over $3 Billion

[NYT] Nearly Half of Covid Patients Haven’t Fully Recovered Months Later, Study Finds

[WSJ] China Evergrande’s Debt-Crisis Fallout: Losses, Layoffs and More Defaults

[FT] Fed fearful of doing ‘too little’ to stamp out soaring inflation

[FT] Liz Truss under pressure from Tory MPs to rewrite ‘mini’ Budget

[FT] BoE governor gambles by insisting bond-buying operation will end

[FT] Risk of financial accidents is on the rise

[FT] China’s Xi Jinping problem