Tuesday, December 6, 2022

Wednesday's News Links

[Yahoo/Bloomberg] China Reopening Rally Wobbles as Growth Concerns Weigh on Stocks

[AP] Stocks decline in Asia, extending losses on Wall Street

[Yahoo/Bloomberg] Oil Pares Drop as China Covid Shift Weighed Against Demand Woes

[CNBC] Mortgage demand falls again even as rates sink further

[Yahoo/Bloomberg] US Mortgage Rates Fall a Fourth Week, Longest Stretch Since 2019

[The Hill] Economists: A US housing recession has already arrived

[Reuters] China's trade suffers worst slump in 2-1/2 yrs as COVID woes, feeble demand take toll

[Reuters] China's Nov exports and imports shrink further, worse than forecasts

[Yahoo/Bloomberg] China to Ease Quarantine, Mass Testing in Nationwide Covid Move

[CNN] As China moves away from zero-Covid, health experts warn of dark days ahead

[Reuters] China's reported gold reserves rise for first time since 2019

[Reuters] Ukraine appears to show ability to strike far inside Russia

[Reuters] Blackstone's credit fund reaches withdrawal limit

[Yahoo/Bloomberg] Euro-Zone Economy Grew More Than Estimated in Third Quarter

[WSJ] Accounting Red Flags Are Common Among Public Crypto Companies

[FT] China retreats from sweeping zero-Covid policies as economic toll mounts

[FT] China risks 1mn Covid deaths in ‘winter wave’, modelling shows

[FT] US to ‘deepen’ defence ties with Australia in face of China threat

Tuesday Evening Links

[Reuters] S&P posts 4th straight decline as recession talk weighs on Wall Street 

[Reuters] U.S banks warn of recession risk, inflation hurting consumers, shares hit

[Yahoo/Bloomberg] Oil Plummets, Erasing All 2022 Gains as Traders Flee Market

[Yahoo/Bloomberg] Banks Face Stiffer Competition for Funds as Fed QT Rolls On

[Reuters] Factbox: Corporate America lays off thousands as recession worries mount

[Reuters] Analysis: G7 Russian oil price cap evolves from revenue squeeze to market anchor