Thursday, August 25, 2022

Friday's News Links

[Yahoo/Bloomberg] Stocks Drop, Yield Rise on Hawkish Powell Remarks: Markets Wrap

[Yahoo Finance] Fed Chair Powell: Rates will rise until 'job is done' bringing down inflation

[Yahoo/Bloomberg] Fed’s Jackson Hole Conference Is Underway: Here’s What to Expect

[AP] Inflation eases as consumer prices rise 6.3% in July

[Dow Jones] U.S. Personal Spending Rose 0.1% in July

[Reuters] White House says student loan forgiveness plan will cost $24 bln a year

[Reuters] Global equity funds see large outflows on slowdown worries

[Reuters] European equities see longest weekly outflow streak since 2016 - BofA

[Reuters] Analysis: Forget showering, it's eat or heat for shocked Europeans hit by energy crisis

[Reuters] China and U.S sign agreement on audit dispute

[Yahoo/Bloomberg] China Recovery Wobbles as Drought, Global Slowdown Add to Risks

[Yahoo/Bloomberg] China Keeps Pushing Back Against Weaker Yuan With Currency Fix

[Yahoo/Bloomberg] China Developer Bond Guarantees That Sparked Rally Gather Pace

[Reuters] As harvest time looms, China tells farmers to replant or switch crops

[Reuters] Analysis: China's navy begins to erase imaginary Taiwan Strait median line

[Reuters] Taiwan's top China policy maker to visit United States, meet official

[Reuters] Belarus leader says his warplanes have been modified to carry nuclear weapons

[Bloomberg] The World’s Rivers, Canals and Reservoirs Are Turning to Dust

[Bloomberg] Blackstone Single-Family Landlord to Halt Home Purchases in 38 Cities

[NYT] China’s Record Drought Is Drying Rivers and Feeding Its Coal Habit

[WSJ] Midwest Drought Adds to Pain in Grain Markets

[WSJ] China’s Scorching Heat and Hydropower Missteps Test Nation’s Power Grid

[FT] US has ‘no good options’ on Taiwan as China resets status quo

Thursday Evening Links

[Reuters] Wall Street ends sharply up, fueled by Nvidia and Amazon 

[Yahoo/Bloomberg] Oil Falls As Markets Digest Hawkish Interest Rate-Hike Cues

[AP] Ukrainian nuclear plant temporarily cut off from power grid

[Yahoo/Bloomberg] Fed Officials Push for More Hikes; Bullard Favors Front-Loading

[Yahoo/Bloomberg] US Corporate Profits Soar With Margins at Widest Since 1950

[FT] ECB rate-setters worried weak euro would fuel higher inflation