Thursday, November 3, 2022

Friday's News Links

[Yahoo/Bloomberg] Stocks Jump, Dollar Down Most Since Pandemic Onset: Markets Wrap

[Reuters] China stocks notch trillion-dollar gain on hopes of reopening, better U.S. ties

[Yahoo/Bloomberg] Oil Rallies With Commodities on Optimism Over China Covid Easing

[AP] US employers keep hiring at solid pace, adding 261,000 jobs

[CNBC] U.S. payrolls surged by 261,000 in October, better than expected as hiring remains strong

[AP] Ukraine’s president accuses Russia of ‘energy terrorism’

[Reuters] Investors pile into cash at fastest rate since COVID crisis-BofA

[Reuters] Global equity funds gain inflows for second week in a row

[CNN] First-time homebuyers are being shut out of the market like never before

[Reuters] Euro zone downturn deepens, points to winter recession

[Reuters] BoE must sell emergency bond purchases in 'timely' way - Hauser

[Yahoo/Bloomberg] Scholz Lands in Beijing for Talks With Xi Amid Europe Tensions

[Fortune] A major hedge fund just warned that hyperinflation could lead to ‘global societal collapse’—and it blames the central bank

[CNBC] U.S. Commerce Secretary Raimondo doubles down on Biden plan to restrict American companies, and citizens, from helping China make semiconductor chips

[Yahoo/Bloomberg] Cash-Starved Turkey Firms Pushed to Lira Debt Despite 36% Yields

[Reuters] North Korea fires artillery and flies jets near border as South Korea, U.S. pledge cooperation

[WSJ] Chip Makers Cut Costs as Demand Slump Supplants Pandemic’s Chip Shortage

Thursday Evening Links

[Reuters] Wall St down for fourth straight day on Fed rate hike worry 

[Reuters] Exclusive: G7 coalition has agreed to set fixed price for Russian oil -source

[Reuters] Banks raise Fed terminal rate forecasts after Powell's hawkish tone

[Yahoo/Bloomberg] From Amazon’s Freeze to Lyft’s Layoffs, Tech Firms Brace for Tough Times

[Yahoo/Bloomberg] Opendoor Writes Down Home Inventory by $573 Million in Slump

[AP] North Korea keeps up its missile barrage with launch of ICBM

[NYT] China Is Burning More Coal, a Growing Climate Challenge

[WSJ] Layoffs Hit Tech Sector With Force as Amazon, Lyft Warn of Economic Downturn

[FT] BoE outlines two bleak scenarios for taming inflation

[FT] US to deploy more nuclear-capable warplanes around Korean peninsula

Thursday Afternoon Links

[CNBC] Stocks fall as Fed dashes hopes for a softer interest rate policy pivot

[Yahoo/Bloomberg] Stock Hedges That Won Big in 2020 Misfire in This Downturn

[Yahoo/Bloomberg] Ukraine Latest: UN Atomic Agency Says No Sign of ‘Dirty Bomb’

[Reuters] World must stand with Kyiv as Putin counts on "General Winter", EU says

[Yahoo/Bloomberg] Chinese Tycoon Spent 8 Years, $3 Billion on EV That Went Unbuilt

[CNBC] Over half of Americans believe that both Democrats and Republicans do such a poor job that a third major party is needed