Monday, May 2, 2022

Tuesday's News Links

[Reuters] Putin orders retaliatory sanctions against West - Kremlin

[Yahoo/Bloomberg] Bonds Mixed as Rate Hikes Loom; Stocks Fluctuate: Markets Wrap

[Yahoo/Bloomberg] Global Bond Yields Touch New Milestones With Rate Hikes Looming

[Yahoo/Bloomberg] Oil Retreats as China Lockdowns Counter Russian Output Risk

[Reuters] Russia looks to avoid default after bond payments sent to creditors

[Yahoo/Bloomberg] Traders Face Up to Reality as Nasdaq 100 Profit Forecasts Drop

[Yahoo/Bloomberg] SEC Crypto Team Getting 20 More Officials in Bid to Crack Down

[Reuters] Some in Shanghai get out for a rare stroll; Beijing tightens COVID curbs

[Reuters] U.S. relieved as China appears to heed warnings on Russia

[Yahoo/Bloomberg] Citi Says Trader Made Error Behind Flash Crash in Europe Stocks

[CNBC] Paul Tudor Jones says he can’t think of a worse financial environment for stocks or bonds right now

[Yahoo/Bloomberg] Australia’s Hawkish Pivot Jolts Markets During Election Campaign

[Reuters] S.Korea inflation hits 13-yr high, fans rate hike expectations

[Reuters] Chinese carrier sails through waters near Okinawa, Japan says

[Reuters] Explainer: What you need to know about Finland's and Sweden's path to NATO membership

[Bloomberg] The Hot Housing Market Makes the Fed’s Inflation-Fighting Job Even Tougher

[Bloomberg] Beijing Goes to Extreme Lengths to Avoid Shanghai Covid Woes

[Bloomberg] Emerging Market Debt Sales Plunge Amid Ukraine War, Rising Rates

[NYT] Get Ready for Another Energy Price Spike: High Electric Bills

[NYT] The Era of Cheap and Plenty May Be Ending

[WSJ] Fed’s Message on Interest-Rate Path, Destination Will Be Scrutinized

[WSJ] Stocks and Bonds Are Falling in Lockstep at Pace Unseen in Decades

[WSJ] Home Buyers Rushed In as Mortgage Rates Rose, Boosting Housing Prices Across U.S.

[WSJ] Global Chip Shortage’s Latest Worry: Too Few Chips for Chip-Making

[FT] How the Fed lost the plot

[FT] Fed reaches for its ‘hatchet’ to attack galloping inflation

Monday Evening Links

[Reuters] EU prepares Russian oil sanctions, warns against rouble gas payments

[Reuters] In shift, Germany could back immediate EU ban on Russian oil

[Yahoo/Bloomberg] Ukraine Latest: Pentagon Sees Poor Russian Morale, Bad Logistics

[Reuters] Wall Street up before Fed meet as tech buying punctuates volatile trade

[Yahoo/Bloomberg] Treasury 30-Year Yield Climbs Past 3% Ahead of Fed Rate Decision

[Yahoo/Bloomberg] Oil Edged Higher Amid a Global Clamor for Refined Products

[Yahoo/Bloomberg] Record Fuel Exports From U.S. Gulf Coast Drain Tanks at Home

[CNBC] Home affordability is nearly the worst on record as mortgage rates spike

[AP] Push to arm Ukraine putting strain on US weapons stockpile

[WSJ] Home Buyers Are Finding Ways to Take the Sting Out of Rising Mortgage Rates

[WSJ] Manufacturers Could Soon Face Demand Woes on Top of Supply-Chain Snarls

[WSJ] Facing a Wheat Crisis, Countries Race to Remake an Entire Market on the Fly

Monday Afternoon Links

[Yahoo/Bloomberg] Ukraine Latest: EU Energy Ministers Debate Rubles-for-Gas Demand

[CNBC] Nasdaq turns positive in final hour of trading, S&P 500 rebounds after touching new 2022 low

[AP] Fed to fight inflation with fastest rate hikes in decades

[Yahoo/Bloomberg] U.S. Manufacturing Gauge Unexpectedly Falls to Lowest Since 2020

[Yahoo/Bloomberg] Bulls Have Much ‘Explaining To Do,’ Morgan Stanley’s Wilson Says

[Yahoo/Bloomberg] SPAC Label Is Now a ‘Curse Word’ That Tars Even Success Stories