Monday, September 12, 2022

Tuesday's News Links

[Yahoo/Bloomberg] Stocks Crushed by Inflation Shock; Yields Surge: Markets Wrap

[Yahoo/Bloomberg] Oil Extends Advance as Dollar Slides Before Inflation Data

[Yahoo/Bloomberg] European Gas Swings With EU Planning Intervention to Fix Crisis

[CNBC] Inflation rose 0.1% in August even with sharp drop in gas prices

[Yahoo Finance] Inflation remained near 40-year high in August as CPI rose 8.3%

[Reuters] U.S. small business sentiment rises in August- NFIB

[Yahoo/Bloomberg] Biden Reaches Out to Unions, Railroads in Bid to Avert Strike

[CNN] America is already feeling the consequences of a looming nationwide rail strike

[Reuters] Ukraine pushes to retake all land from Russia, calls for Western arms

[Yahoo/Bloomberg] Ukraine Latest: Macron, Baltic Leaders Discuss More Military Aid

[Reuters] Germany, EU race to shore up struggling energy firms

[Yahoo/Bloomberg] German Investor Outlook Sours as Winter Energy Squeeze Nears

[Yahoo/Bloomberg] Xi Returns to World Stage With Putin to Counter US Global Order

[Reuters] China tells banks to report exposure to Fosun, Bloomberg reports

[Reuters] Japan's Aug wholesale inflation hits 9% as price rises broaden

[Reuters] Fresh clashes erupt between Azerbaijan, Armenia

[Bloomberg] From Beer to Tomatoes, Europe’s Energy Crisis Is Spilling Over

[Bloomberg] China’s Li Pledges Growth Support as Holiday Spending Falls

[NYT] Strike Threat on Freight Railroads Is New Supply Chain Worry

[WSJ] U.S. Banks Lost a Record $370 Billion in Deposits Last Quarter

[WSJ] Property Faces a Slow Reckoning as Interest Rates Rise

[FT] Xi Jinping aims to reassert China’s influence on first foreign trip since Covid began

Monday Evening Links

[Reuters] Wall Street posts fourth straight day of gains ahead of CPI report

[Yahoo/Bloomberg] Gold Rises on Weakening Dollar Ahead of US Inflation Data

[Yahoo/Bloomberg] Coal, Lumber and Food Under Threat by Potential US Rail Strike

[Yahoo/Bloomberg] Vanishing Bond Market Liquidity Bad for Fed Balance Sheet Unwind

[Yahoo/Bloomberg] Credit Calculus Turns Against Stocks With Yield Edge Over Bonds Vanishing

[Yahoo/Bloomberg] Muni Investors Dump Holdings at Record Pace as Fed Keeps Hiking

[NYT] Who Are America’s Missing Workers?

Monday Afternoon Links

[Reuters] Wall Street hits more than two-week high on energy, tech gains 

[Reuters] U.S. consumers' inflation expectations fall again, NY Fed says

[Reuters] Crude in U.S. emergency reserve falls to lowest since Oct 1984

[Reuters] Analysis: This might hurt: tectonic plates of global economy shift

[Reuters] Canada Q2 household debt-to-income ratio widens to new record high

[Bloomberg] Analysts Are Warning That the Fed Faces a Tricky Early Exit From QT

[Bloomberg] Germany Is Facing Increasing Risk of Stagflation, Minister Says