Tuesday, January 11, 2022

Wednesday's News Links

[Yahoo/Bloomberg] U.S. Stocks Higher After CPI; Dollar Falls: Markets Wrap

[CNBC] 10-year Treasury yield pulls back slightly to 1.72% after monster 2022 spike

[Yahoo/Bloomberg] Oil Trades Near Two-Month High as U.S. Stockpiles Seen Lower

[CNBC] Inflation rises 7% over the past year to the highest level since 1982

[Yahoo/Bloomberg] China's Omicron Outbreak Is Bad News for Global Supply Chains

[Reuters] China new bank loans hit record $3.13 trln in 2021, despite drop in Dec

[AP] China’s Tianjin orders more testing on 14 million residents

[Reuters] China's Omicron-hit Tianjin launches new tests; Toyota idles local plant

[Yahoo/Bloomberg] China Inflation Fuels Rate-Cut Calls as World Starts to Tighten 

[Yahoo/Bloomberg] Sunac Bonds Drop After Asset-Freeze Order: Evergrande Update

[Reuters] As costs soar, some Japanese companies do the unthinkable: raise prices

[Bloomberg] Chinese City’s Time Off for Omicron Tests Shows Economic Risks

[Reuters] Hong Kong warns COVID-19 curbs on air cargo to hit goods supply

[Reuters] 'No ultimatums': Russia sets out security demands at NATO meeting

[CNBC] Russia is risking all-out war to prevent Ukraine from joining NATO

[NYT] The Army of Millions Who Enforce China’s Zero-Covid Policy, at All Costs

[NYT] Omicron Deepens Uncertainty Surrounding Beijing Olympics

[Bloomberg] Supply-Chain Snags, Quarantines Hurting Global Air-Cargo Growth

[Bloomberg] Australia Suffers More Omicron Pain as Worker Shortage Spirals

[FT] Surging real yields blow hole in ‘everything rally’

Tuesday Evening Links

[Yahoo/Bloomberg] Powell Makes Case for Fed Curbing Inflation While Doing No Harm

[CNBC] U.S. sets fresh records for Covid hospitalizations and cases with 1.5 million new infections

[CNBC] Empty grocery shelves return as sick employees, supply chain delays collide

[Yahoo/Bloomberg] RBC’s McKay Calls for ‘Rapid Action’ on Rates to Tame Inflation

[Yahoo/Bloomberg] Ken Griffin’s Fortune Soars to $28 Billion on Citadel Securities Deal

[NYT] Jerome Powell says the Fed is prepared to raise rates to tame inflation

[WSJ] China Covid-19 Lockdowns Hit Factories, Ports in Latest Knock to Supply Chains

[FT] The Fed will struggle to tighten without turmoil

[FT] Monetary policy widens the gulf between poor and rich economies

[FT] Battery costs rise as lithium demand outstrips supply

Tuesday Afternoon Links

[Yahoo/Bloomberg] U.S. Stocks Rebound After Powell’s Reassurance: Markets Wrap

[Yahoo/Bloomberg] Oil Surges Alongside Equities as Powell Reassures Investors

[AP] Fed’s Powell: Inflation poses a major threat to job market

[Reuters] Powell says economy can withstand Fed tightening, Omicron surge

[Yahoo/Bloomberg] Powell Assures Americans That Fed Will Tackle High Inflation

[Yahoo Finance] Fed Chairman: 'If we have to raise interest rates more over time, we will'

[Yahoo/Bloomberg] Fed Chorus for March Hike Grows as Mester, Bostic Add Support

[Yahoo/Bloomberg] ‘Buyers’ Strike’ Sees Bond ETFs of Every Stripe Bleed Billions

[Fox] Shoppers 'astounded' by thinning grocery store supplies: 'It's just empty shelves'

[AP] Outbreaks, bottlenecks expected to slow global growth in ’22