Wednesday, May 18, 2022

Thursday's News Links

[Yahoo/Bloomberg] Stock Rout Deepens on Earnings Doubts; Bonds Rally: Markets Wrap

[Yahoo/Bloomberg] Oil Drops as Traders Weigh Russian Exports, China Lockdown

[Yahoo/Bloomberg] Bonds Come Back in Vogue as a Hedge Against Cratering Stocks

[Yahoo/Bloomberg] Treasuries Whiplashed Like 2009 as Fed Hawks Unleash Uncertainty

[Yahoo/Bloomberg] Tencent Leads China Tech Selloff as Earnings Worries Mount

[Reuters] Fed policymakers map out shift to 'measured' hikes

[Reuters] Analysis: Rare double whammy hits investors: steep slumps for both stocks and bonds

[Reuters] China's zero-COVID policy dashes global hopes for quick economic return to normal

[Yahoo/Bloomberg] Shanghai Lockdown Easing Doesn’t Mean End to Shipping Snarls

[Yahoo/Bloomberg] China in Talks With Russia to Buy Oil for Strategic Reserves

[Yahoo/Bloomberg] Ukraine Latest: China in Talks to Buy Russian Oil for Reserves

[Reuters] Melvin Capital to shut after heavy losses on meme stocks, market slump

[Yahoo Finance] California's electrical grid has an EV problem

[Reuters] Biden visits Japan, South Korea carrying warning to China

[Yahoo/Bloomberg] Plotkin Shuts Melvin Hedge Fund Left Reeling by Redditor Attack

[Yahoo/Bloomberg] Australia Unemployment Falls to Lowest Since ‘74 in Boost for PM

[NYT] In Russia, as Prices Soar, the Outlook for Its Economy Grows ‘Especially Gloomy’

[WSJ] High Inflation, Slowing Growth Raise Risk of Global Downturn

[WSJ] More Subprime Borrowers Are Missing Loan Payments

[WSJ] China Insists Party Elites Shed Overseas Assets, Eyeing Western Sanctions on Russia

[WSJ] Chinese Developers Get State Help to Tap Bond Market

[FT] US companies boost capital spending to tackle supply bottlenecks

[FT] China’s chaotic regulatory crackdown reflects splits among policymakers

Wednesday Evening Links

[Yahoo/Bloomberg] Stocks Suffer Steepest Rout in Almost Two Years: Markets Wrap

[AP] Stocks fall sharply as Target’s woes renew inflation fears

[Reuters] Fed's Harker sees 50 bps rate hikes in June, July, then 'measured' hikes

[AP] Consumers shift again, flummoxing big retailers like Target

[Yahoo/Bloomberg] Ukraine Latest: US Reopens Embassy in Kyiv After Three Months

[Reuters] Yellen confirms she is pressing Biden for some China tariff reductions

[Reuters] As COVID cases rise, U.S. health officials mull widening additional booster eligibility

[Reuters] Central banks' hopes for supply chain miracle may be dashed by China, Ukraine

[Yahoo/Bloomberg] Crop Land ‘Deteriorating’ in Canada as Excess Rain Hinders Planting

[Reuters] How Turkey spoiled NATO's historic moment with Finland, Sweden

[NYT] Amateur Investors Rode the Bull Up. Now the Bear Looms.

[WSJ] High Inflation, Slowing Growth Raise Risk of Global Downturn

[WSJ] Latest Covid-19 Wave Expands to More of U.S.

[WSJ] Melvin Capital to Close Funds, Return Cash to Investors

Wednesday Afternoon Links

[Yahoo/Bloomberg] S&P 500 Drops 4% as Stock Rout Deepens; Bonds Gain: Markets Wrap

[Reuters] Wall St slides as growth stocks rally wanes; Target slumps 

[Yahoo/Bloomberg] Oil Falls as Equities Sink and China Imposes More Lockdowns

[Yahoo/Bloomberg] Target Plummets Most Since 1987 as Inflation Saps Margins

[Axios] The Fed's $2.7 trillion mortgage problem

[Reuters] U.S. housing market cooling as building permits tumble, starts fall

[Yahoo/Bloomberg] Sri Lanka Default Hints at Trouble Ahead for Developing Nations

[Reuters] Factbox: Surging food prices fuel protests across developing world

[Reuters] Oceans are hotter, higher and more acidic, climate report warns

[Bloomberg] Chicken Wings for $34? Pent-Up Inflation Will Drive US Food Costs Even Higher