Monday, June 13, 2022

Tuesday's News Links

[Yahoo/Bloomberg] Futures Pare Gains, Stocks Tumble as Rally Fades: Markets Wrap

[Reuters] Bond market storm eases a touch but bears still on prowl

[Yahoo/Bloomberg] US Rates Have Biggest Two Days Since 1987, Jolting Global Assets

[Yahoo/Bloomberg] Bitcoin Turns Lower Again as Celsius Weighs on Sentiment

[Reuters] Bitcoin nears MicroStrategy 'margin call' price

[CNBC] Coinbase lays off 18% of workforce as executives prepare for recession and ‘crypto winter’

[Yahoo/Bloomberg] Oil Extends Gains Toward $122 as Investors Weigh Tight Markets

[Reuters] Fed door open to 0.75% hike after inflation data, market moves

[CNBC] Wholesale prices rose 10.8% in May, near a record annual pace

[Reuters] U.S. small-business sentiment dips in May -NFIB

[Yahoo/Bloomberg] Market Rout Evokes Memories of Trading Before Lehman Blowup

[Yahoo/Bloomberg] Wall Street’s Latest Bear Market May Be Here to Stay for a While

[Reuters] The pandemic broke the Fed's model; this week may show how much

[CBS] Layoffs hit tech sector amid biggest downturn in 15 years

[Yahoo/Bloomberg] Ukraine Latest: Zelenskiy Says War to Stagnate Without More Arms

[Reuters] Beijing in 'race against time' to contain COVID surge

[Reuters] China bank protest stopped by health codes turning red, depositors say

[Reuters] Factbox: Who are candidates to become next BOJ governor?

[Yahoo/Bloomberg] BOJ Ramps Up Yield Control Defense Against Global Debt Rout

[Reuters] Samsung China chip production faces disruption from Korea trucker strike -Trade Association

[Yahoo/Bloomberg] Hedge Funds Spawned by Hillhouse Burned in China Tech Crash

[Yahoo/Bloomberg] ‘Bear-Market Blues’ Test Mettle of Most Devout Bitcoin Holders

[Reuters] India's wholesale price inflation runs at 30-year high, makes rate hikes more likely

[Reuters] Taiwan Strait is an international waterway, Taipei says, in rebuff to China

[NYT] The Fed May Discuss the Biggest Interest Rate Increase Since 1994

[WSJ] Fed Likely to Consider 0.75-Percentage-Point Rate Rise This Week

[WSJ] Bond Slide Deepens, With No End in Sight

[WSJ] As Bitcoin and Other Cryptos Fall, Digital-Asset Firms Pump Brakes on Deals

[FT] Wall Street braced for sharp Fed rate rise to fight soaring inflation

[FT] Record cost of diesel fuel courses through US economy

Monday Evening Links

[CNBC] S&P 500 tumbles nearly 4% to new low for the year, closes in bear market territory

[CNBC] 10-year Treasury yield rockets above 3.39% in biggest move since March 2020

[AP] Bear market hits Wall Street as stocks, bonds, crypto dive

[AP] Bitcoin plunges as major crypto lender halts operations

[Yahoo/Bloomberg] Oil Withstands Broader Market Drop on Tight Supply Fundamentals

[CNBC] Fed reportedly considering hiking interest rates by three-quarters of a point this week

[Yahoo/Bloomberg] Wall Street Sours on S&P as Margin Woes Rattle Corporate America

[Yahoo/Bloomberg] Ukraine Latest: Russia Controls 80% of City in Luhansk Region

[Reuters] Kremlin pledges support after Donbas separatist leader calls for more Russian forces

[AP] Excessive heat rolls east, bakes much of central, eastern US

[FT] Fed set to debate faster tightening as it tries to catch up to soaring inflation

Monday Afternoon Links

[Yahoo/Bloomberg] Stocks Knocked Down With Fed Walking a ‘Tightrope’: Markets Wrap

[Reuters] Yields rise to decade highs, curve inverts on growth fears

[Yahoo/Bloomberg] Bond Yields, Dollar Surge With Fed Bets as Recession Risk Grows

[CNBC] Bitcoin drops 17%, falling below $23,000 as $200 billion wiped off crypto market over the weekend

[Yahoo/Bloomberg] Oil Erases Losses as Tight Supplies Offset Broader Market Drop

[Reuters] U.S. corporate debt hit hard as inflation shock intensifies economic fears

[Yahoo/Bloomberg] Crypto Debacle at Celsius Rattles Market Already Shaken by Terra

[Yahoo/Bloomberg] Wall Street Floats 100 Basis-Point Fed Hike as Inflation Stings

[Reuters] Bear market beckons as U.S. stocks' 2022 descent deepens

[Reuters] Heatwave scorches central U.S., people urged to stay indoors

[Yahoo/Bloomberg] Ukraine Latest: Fighting Rages as Ukraine Pleads for Artillery

[WSJ] Inflation Fears Send U.S. Bond Yields Surging Ahead of Fed Meeting

[WSJ] How the Fed and the Biden Administration Got Inflation Wrong

[FT] Bitcoin tumbles after crypto lender Celsius blocks all redemptions