Tuesday, May 31, 2022

Wednesday's News Links

[Yahoo/Bloomberg] US Stocks Decline Amid Inflation Focus; Oil Gains: Markets Wrap

[Reuters] Oil firms on EU's Russian oil ban and end of Shanghai lockdown

[Reuters] Bonds tremble as inflation hits new records

[Reuters] U.S. manufacturing sector regains speed in May-ISM

[Reuters] U.S. job openings fall in April, but still high

[CNBC] Mortgage demand falls to the lowest level since the end of 2018, even as interest rates ease a bit

[Reuters] Yellen says she was 'wrong' about inflation path; Biden backs Fed

[Yahoo/Bloomberg] Fed Starts Experiment of Letting $8.9 Trillion Portfolio Shrink

[Reuters] Russian forces advance in factory city, U.S. to send precision rockets to Ukraine

[Reuters] U.S. agrees to send advanced rockets to Ukraine

[Yahoo/Bloomberg] Ukraine Latest: US to Send Rockets, Not Seeking Putin’s Ouster

[AP] Experts: Everything points to another busy hurricane season

[Yahoo/Bloomberg] Half-Point ECB Hike Needed After Inflation Record, Holzmann Says

[Reuters] Asia's factory activity slows in May as China COVID curbs weigh

[Reuters] The Bolsheviks to Putin: a history of Russian defaults

[Reuters] China says it conducted 'readiness patrol' around Taiwan

[Yahoo/Bloomberg] Beijing Says US Supply Chain Curbs Sabotage China’s Development

[Bloomberg] Dudley: Federal Reserve's Mild Inflation Forecasts Need Explaining

[Bloomberg] One-Third of Americans Making $250,000 Live Paycheck-to-Paycheck, Survey Finds

[Bloomberg] China Blasts ‘Selfish’ Japan for Claiming Vast Area of Pacific Near Taiwan

[WSJ] President Biden, Fed Chairman Jerome Powell Meet With Inflation at Its Highest in 40 Years

[WSJ] Main Street Investors Break Records in Rush for U.S. Government Bonds

[WSJ] Missed Payments, Rising Interest Rates Put ‘Buy Now, Pay Later’ to the Test

[FT] Global rate gaps loom large for investors

Tuesday Evening Links

[Yahoo/Bloomberg] Stocks End a Volatile Month Right Where They Began: Markets Wrap

[Yahoo/Bloomberg] Treasuries Slide as Inflation Concerns Keep Rate-Hike Bets Alive

[Yahoo/Bloomberg] Oil Rally Evaporates After Touching the Highest Since March

[Yahoo/Bloomberg] Stock Rebound Is Powell’s Headache as Financial Conditions Ease

[Reuters] Biden vows to give Fed Chair Powell 'space' to fight inflation

[AP] Biden plots inflation fight with Fed chair as nation worries

[Reuters] Russia takes most of Sievierodonetsk city in eastern Ukraine

[Yahoo/Bloomberg] Gas Wars Deepen as Russia Curbs Supplies to More European Buyers

[Yahoo/Bloomberg] Bank of Canada Set to Deliver Another Jumbo Rate Hike: Decision Guide

Tuesday Afternoon Links

[Reuters] Wall St mixed amid inflation fears; Powell-Biden talks in focus 

[Reuters] U.S. consumer confidence edges down in May; house prices soar in March

[Yahoo/Bloomberg] US Home-Price Appreciation Accelerates for Fourth Month

[Reuters] Russia widens Europe gas cuts and halts Dutch, Danish and German contracts

[AP] EU leaders agree to ban 90% of Russian oil by year-end

[Reuters] U.S. stock bounce likely just 'bear market rally,' says Morgan Stanley strategist

[Reuters] After two months, a scarred Shanghai's COVID-19 lockdown ends

[WSJ] EU’s Ban on Russian Oil Adds Stress to Region’s Economies

[FT] Credit specialist CQS shuts internal fund following outflows