Thursday, October 13, 2022

Friday's News Links

[Yahoo/Bloomberg] Stocks Erase Gain on Inflation Views; Dollar Rises: Markets Wrap

[Yahoo/Bloomberg] Oil Heads for Weekly Decline on Recession Risk and China Demand

[BBC] Live: Truss confirms new tax U-turn and insists she will stay as PM

[Reuters] UK's Truss fires finance minister Kwarteng

[Yahoo/Bloomberg] Bailey’s Gamble Pays Off, for Now, as Kwarteng Rushes Back to UK

[Yahoo/Bloomberg] Japan Keeps Up Yen Warnings, Declines to Say If Intervened

[AP] Retail sales flat in September with inflation hot

[CNBC] Consumer spending was flat in September and below expectations as inflation takes toll

[AP] As the causes of US inflation grow, so do the dangers

[Yahoo/Bloomberg] Dollar Becomes the Awkward VIP Guest at Global Finance Meetings

[Reuters] "60/40" portfolios are facing worst returns in 100 years: BofA

[Yahoo/Bloomberg] Ukraine Latest: Germany Backs Kyiv as Russia Vows to Fix Bridge

[Reuters] ECB policymakers argue for 'restrictive' policy despite recession risk

[Reuters] Xi set to open party congress at challenging time for China

[Reuters] China's Sept consumer prices rise at fastest pace since April 2020

[Reuters] Analysis: Xi faces painful gear shift as China's investment-led growth sputters

[Reuters] China's 20th Communist Party Congress: What you need to know

[CNN] Anger at China’s zero-Covid policy is rising, but Beijing refuses to change course

[Yahoo/Bloomberg] Rising Rates Evoke Fears of 1990s Asia Crisis for Emerging Markets

[Yahoo/Bloomberg] Private Bets Shield World’s Largest Investors From Market Mayhem

[Reuters] Australia suffers weather emergency, Melbourne swamped as deluge hits 3 states

[Reuters] NATO to kick off nuclear drills involving B-52 bombers on Monday

[MSN/WSJ] North Korea's Provocations Push Tensions With the South to Highest in Years

[Bloomberg] PBOC Vows Stronger Support for Real Economy, Support for Lending

[Bloomberg] Vietnam Faces Limited Risks from SCB Bank Run, S&P Says

[WSJ] Mississippi River Approaching Record-Low Water Levels, Threatening Commercial Traffic

[FT] Liz Truss appoints Jeremy Hunt as UK chancellor and scraps corporation tax cut

[FT] The US housing market’s big chill

[FT] Harvard predicts looming markdowns to private fund holdings

Thursday Evening Links

[Yahoo/Bloomberg] Stocks Surge in Wild Ride After CPI Data Selloff: Markets Wrap

[Yahoo/Bloomberg] Yen Touches 1990-Lows Then Rebounds in Volatile Session Post CPI

[Reuters] Analysis: Massive turnaround for stocks puts traders on alert for more volatility

[Reuters] Exclusive: Russia is prepared to quit Black Sea grains deal, writes to UN with demands

[MSN/WP] With rising rates and rising debt, the taxpayer bill is finally coming due

[Yahoo/Bloomberg] IMF Latest: Some EU Countries Seen Making Wrong Fiscal Choices

[Reuters] Seoul scrambles fighters as North Korean planes fly close to border

[WSJ] Inflation Expands Beyond Supply-Chain Struggles to Service Sector

[FT] Emerging markets face risk of ‘flight to safety’, IMF official warns

Thursday's News Links

[Yahoo/Bloomberg] Stocks Sink as Inflation Beat Seals Jumbo Hike: Markets Wrap

[Yahoo/Bloomberg] UK Pension Funds Selling Stokes Fear Across Global Bond Markets

[Yahoo/Bloomberg] Oil Heads for Longest Losing Run Since 2021 on Slowdown Concerns

[Yahoo/Bloomberg] Core US Inflation Rises to 40-Year High, Securing Big Fed Hike

[Reuters] U.S. consumer prices increase more than expected in September; weekly jobless claims rise

[CNBC] Social Security cost-of-living adjustment will be 8.7% in 2023, highest increase in 40 years

[Reuters] Analysis: As markets fret, Fed officials reject idea of rising financial stability risks

[Yahoo/Bloomberg] Chip Industry Braces for ‘Heavy Blow’ From China Export Curbs

[Reuters] UK government discussing possible changes to fiscal plan - Sky News

[Yahoo/Bloomberg] Kwarteng Says BOE Will Be to Blame If UK Markets Slide Next Week

[BBC] Liz Truss under pressure from senior Tory MPs to rethink tax cuts

[Yahoo/Bloomberg] Yellen Worries Over Loss of ‘Adequate Liquidity’ in Treasuries

[Reuters] Yellen warns of 'geopolitical coercion' by Russia, China

[AP] Social Security payments set for big increase. What to know.

[Yahoo/Bloomberg] China Debt Crisis Sparked by Evergrande Snares State-Aided CIFI

[Yahoo/Bloomberg] China’s Bursting Housing Bubble Will Rock the Economy for Years

[Bloomberg] UK Pension Funds Selling Stokes Fear Across Global Bond Markets

[Bloomberg] Shanghai Covid Cases Jump to Three-Month High as Schools Close

[Bloomberg] China’s Bursting Housing Bubble Will Rock the Economy for Years

[Bloomberg] Crypto Hackers Set for Record Year After Looting Over $3 Billion

[NYT] Nearly Half of Covid Patients Haven’t Fully Recovered Months Later, Study Finds

[WSJ] China Evergrande’s Debt-Crisis Fallout: Losses, Layoffs and More Defaults

[FT] Fed fearful of doing ‘too little’ to stamp out soaring inflation

[FT] Liz Truss under pressure from Tory MPs to rewrite ‘mini’ Budget

[FT] BoE governor gambles by insisting bond-buying operation will end

[FT] Risk of financial accidents is on the rise

[FT] China’s Xi Jinping problem