Thursday, May 19, 2022

Friday's News Links

[Yahoo/Bloomberg] Stocks Rise as China Helps Sentiment: Markets Wrap

[Reuters] European shares rebound, China rate move helps sentiment

[Reuters] Dollar loses steam after weeks-long rally

[Reuters] Oil steady on the week as oil supply risks meet economic headwinds

[Yahoo/Bloomberg] Cracks in US Economy Start to Show as Recession Warnings Mount

[CNBC] Stephen Roach calls stagflation his base case, warns market is unprepared for the consequences

[Yahoo/Bloomberg] China Banks Cut Key Rate by Record to Boost Ailing Economy

[Reuters] China cuts borrowing rate more than expected to revive housing sector

[Yahoo/Bloomberg] China’s Roads a Little Busier as Covid Clouds Oil Demand Outlook

[Reuters] China quietly increases purchases of low-priced Russian oil

[Reuters] Japan April consumer inflation beats BOJ target for 1st time in 7 years

[Reuters] Ukraine's Donbas 'destroyed' as Russian artillery and aircraft step up strikes

[Yahoo/Bloomberg] Ukraine Latest: Ruble at 7-Year High; Russia to Cut Finland Gas

[Bloomberg] China Stocks Face Big Risk as Thousands of Hedge Funds Near Point Where They Have to Dump Shares

[Yahoo/Bloomberg] Mass Outflows Hit Every Asset Class as Recession Fears Climb

[Reuters] Global bond funds post biggest weekly outflow in over three months

[Bloomberg] Stock Alarms Ring Louder as Leveraged Firms Defy Credit Warnings

[NYT] Equity in U.S. Homes Rises in the First Quarter of 2022

[WSJ] Housing Boom Is on Borrowed Time

[WSJ] The Inflation Japan Wanted Is Finally Here, but Not for the Right Reasons

[FT] China cuts mortgage lending rate by record as lockdowns hit economy

[FT] Military briefing: Russia’s Black Sea blockade threatens global food crisis

[FT] Luna collapse highlights crypto exchanges’ role as gatekeepers

[FT] Unvaccinated and unprepared, North Korea faces Covid catastrophe

Thursday Evening Links

[Reuters] Wall Street ends lower as Cisco and Apple sink

[Reuters] Exclusive: U.S. aims to arm Ukraine with advanced anti-ship missiles to fight Russian blockade

[Reuters] G7 countries urge swift regulation of crypto assets - draft

[Yahoo/Bloomberg] China’s Stimulus Tops $5 Trillion as Covid Zero Batters Economy

[Yahoo/Bloomberg] Sri Lanka Falls Into Default For The First Time Ever

[Bloomberg] Fed’s George Says ‘Rough’ Market Won’t Alter Rate Hike Plan

[Bloomberg] Evergrande’s Hong Kong Buyers Panic as It Halts Risky Lending

Thursday Afternoon Links

[Yahoo/Bloomberg] Stock Bounce Fizzles in Choppy Trade; Bonds Gain: Markets Wrap

[Reuters] Investors jolted as U.S. retailers show inflation hitting consumers

[Reuters] U.S. labor market in spotlight as weekly jobless claims hit 4-month high

[Yahoo/Bloomberg] US Previously Owned Home Sales Fall to Lowest Since June 2020

[Reuters] U.S. existing home sales fall for third straight month; house prices at record high

[Yahoo/Bloomberg] Cratering Markets Blowing a Bigger Hole in Consumer Psychology

[Yahoo/Bloomberg] Mortgage Rates in US Drop to 5.25%, First Decline This Month

[Yahoo/Bloomberg] Age of Scarcity Begins With $1.6 Trillion Hit to World Economy

[Reuters] Turkey's Erdogan digs in over NATO expansion as Biden hosts Finnish, Swedish leaders

[Yahoo/Bloomberg] Food Experts Urge Action to Avert Crisis: New Economy Update

[Axios] COVID cases rise in almost every state

[CNN] CDC and Massachusetts health officials investigating monkeypox case

[Bloomberg] Vast Swath of US at Risk of Summer Blackouts, Regulator Warns

[Bloomberg] China Warns US a ‘Dangerous Situation’ Forming Over Taiwan