Wednesday, July 20, 2022

Thursday's News Links

[Yahoo/Bloomberg] US Stocks Turn Lower as Treasuries Catch Bids: Markets Wrap

[Reuters] Euro jumps, bond yields rise as ECB lifts rates for first time in 11 years

[Yahoo/Bloomberg] Oil Slumps With Stuttering US Fuel Demand and Libya Ramp Up

[Yahoo/Bloomberg] ECB Rushes to Tighten as Half-Point Hike Matched by Crisis Tool

[Yahoo/Bloomberg] Italy Political Crisis Adds Pressure on ECB as Bond Rout Worsens

[Reuters] Italy's Draghi hands in resignation to president -statement

[Reuters] Factbox: As Italian PM Draghi resigns, what risks being left undone?

[CNBC] Jobless claims rise again in another sign that labor market is cooling

[AP] Housing market chills as mortgage rates, prices scare buyers

[Yahoo/Bloomberg] Private Credit Giants Curb Buyout Lending Spree in Big Shift

[MSN/WSJ] More Than 100 Million Americans Face Dangerous Heat Wave

[Yahoo/Bloomberg] Ukraine Latest: Russia’s Annexation Plans; Currency Devalued

[Reuters] Russian gas flows to Germany again, Moscow eyes giant Ukrainian power plant

[Reuters] Russia expands Ukraine war goals as fighting toll mounts

[Yahoo/Bloomberg] China’s Credit Market Rocked by More Debt Delays, Plunging Bonds

[Yahoo/Bloomberg] China Regulator Vows to Ensure Stalled Home Builds Are Completed

[Reuters] China censors strive to filter or erase details of mortgage protests

[Reuters] China's Shenzhen vows to 'mobilise all resources' to curb COVID spread

[Yahoo/Bloomberg] Distressed Developer China South City Seeks Delay on Dollar Debt

[Reuters] BOJ retains easy policy, staying outside global tightening tide

[Bloomberg] China’s Covid Cases Remain Elevated as Residents Fear Lockdowns

[WSJ] Market Rout Shows Dangers of Margin Lending, Crypto Style

[FT] ECB raises rates for first time in more than a decade

[FT] Italy loses Mario Draghi at perilous moment

[FT] China reckons with its first overseas debt crisis

[FT] Global market tumult slows growth in ETF industry

Wednesday Evening Links

[CNBC] Stock futures slip after Nasdaq's rally as investors digest corporate earnings

[Yahoo/Bloomberg] Stock Rally to Pause in Asia as Dollar Advances: Markets Wrap

[Reuters] ECB to finally join rate hike club with big move on agenda

[AP] Sky-high diesel prices squeeze truckers, farmers, consumers

[Yahoo/Bloomberg] Fate of the Texas Power Grid Depends on Daily Whims of the Wind

[Reuters] Analysis: Asia’s central banks forced to play catch-up in global rush to raise rates

Wednesday Afternoon Links

[Yahoo/Bloomberg] Stocks Slip Back Toward Session Lows; Dollar Rises: Markets Wrap

[Yahoo/Bloomberg] Italy Market Pain Builds as Political Turmoil Swirls, ECB Looms

[Reuters] Italian PM Draghi looks doomed after parties snub confidence vote

[Yahoo/Bloomberg] Italy Coalition on Cusp of Collapse as Parties Abandon Draghi

[Reuters] EU tells members to cut gas usage amid new Putin warning

[Yahoo/Bloomberg] Ukraine Latest: US to Send Four More Advanced Rocket Systems

[Reuters] Race to become UK PM down to final two: Rishi Sunak and Liz Truss

[Yahoo/Bloomberg] Banks Are Flooding the US Market With Bonds Many Hadn’t Expected

[FT] Draghi on brink after coalition partners withdraw backing

[FT] Rishi Sunak to face Liz Truss in battle to become UK prime minister

Q2 Recap Conference Call Tomorrow

Please join Doug Noland and David McAlvany this coming Thursday, July 21st, at 4:00 pm Eastern/ 2:00 pm Mountain time for the Tactical Short Q2 recap conference call, “Nowhere to Hide.” Click here to register.