Thursday, May 12, 2022

Friday's News Links

[Yahoo/Bloomberg] Stocks Rise as Rate-Hike Worries Ease: Markets Wrap

[Yahoo/Bloomberg] Oil Extends Gains as Investors Weigh Russian Ban, China Outlook

[Yahoo/Bloomberg] Crypto’s $270 Billion Meltdown Gives Way to an Uneasy Calm

[Yahoo/Bloomberg] Hong Kong Becomes World’s Must-Watch Market as Easy Money Ends

[Reuters] Musk shelves $44-billion Twitter deal 'temporarily', shares slump

[Yahoo/Bloomberg] US Consumer Sentiment Falls to Lowest In More Than a Decade

[Reuters] Analysis: Wall Street ‘fear gauge’ offers no silver lining as bear market looms

[Yahoo/Bloomberg] Age of Inflation in US Will Last Much Longer Than Pandemic Spike

[Reuters] Global equity funds see massive outflows on slowdown fears

[Yahoo/Bloomberg] Ukraine Latest: Turkish Chill Hits Potential NATO Expansion

[Yahoo/Bloomberg] China’s Credit Demand Slumps as Covid Lockdowns Curb Borrowing

[Reuters] Chinese developers' debt woes worsen as sales, yuan weaken

[Yahoo/Bloomberg] Apple Suppliers, Top Chipmaker Succumb to China Lockdowns

[AP] Russian pipeline sanctions raise fears of gas interruption

[Yahoo/Bloomberg] India CPI Surge to 8-Year High Fuels Rate Hike Expectations

[Reuters] S.Africa's new COVID cases cross 10,000 for first time since January

[Reuters] Symptoms linger two years for some; inflammatory protein patterns may provide long COVID clues

[Popular Science] Lake Powell's drought is part of a growing threat to hydropower everywhere

[NYT] Cryptocurrencies Melt Down in a ‘Perfect Storm’ of Fear and Panic

[WSJ] How More Than $1 Trillion of Crypto Vanished in Just Six Months

[WSJ] Baby Formula Shortage Could Leave Parents Scrambling for Months

[FT] US junk bond market starts to crack under inflation and supply fears

[FT] What the CIA thinks: William Burns on the new world disorder

[FT] Australia accuses China of ‘act of aggression’ as spy ship hugs coast

Thursday Evening Links

[Yahoo/Bloomberg] Stocks End Almost Flat After Suffering Wild Swings: Markets Wrap

[Reuters] Crypto meltdown deepens as stablecoin Tether drops below dollar peg

[Yahoo/Bloomberg] Wheat Prices Spike as US Sees War, Adverse Weather Hurting Crops

[Yahoo/Bloomberg] Powell Reiterates Half-Point Hikes Are Likely in June and July

[Reuters] Powell says Fed will fix inflation, calls price stability 'bedrock' of economy

[Yahoo/Bloomberg] Ukraine Latest: Russia to Bolster Border, EU Cools on Oil Ban

[Reuters] Europe's gas supply crisis grows after Russia imposes sanctions

[Reuters] Wildfires threaten New Mexico resorts, burn California mansions

[Yahoo/Bloomberg] Global Diamond Trade Fractures Under the Weight of Russia Sanctions

[FT] Jay Powell warns that taming US inflation will cause ‘some pain’

Thursday Afternoon Links

[Reuters] Russia threatens to retaliate as Finland seeks NATO membership 'without delay' 

[Reuters] Crypto meltdown deepens as stablecoin Tether drops below dollar peg

[Reuters] Growth stocks drag Wall Street lower on rate hike worries

[Yahoo/Bloomberg] Oil Rallies With Fuel Supply Shortage Headed Into Summer

[Yahoo/Bloomberg] Tether Loses Dollar Peg as Crypto Anxiety Hits No. 1 Stablecoin

[AP] US producer prices surge 11% in April as food prices jump

[Reuters] Explainer: What are stablecoins, the asset rocking the cryptocurrency market?

[Reuters] Factbox: U.S. companies and their cryptocurrency holdings

[AP] Army poised to revamp Alaska forces to prep for Arctic fight

[Bloomberg] Russia Bans Gas Flows to Europe Through Key Yamal Pipeline

[WSJ] Crash of TerraUSD Shakes Crypto. ‘There Was a Run on the Bank.’

[WSJ] Natural-Gas Prices Soar in Europe After Russia Sanctions Energy Companies

[FT] Why Tether is central to the global cryptocurrency market

[FT] China says it will ‘strictly limit’ citizens from going abroad