Tuesday, December 13, 2022

Wednesday's News Links

[Yahoo/Bloomberg] US Stocks Swing Before Fed’s Final Hurrah of 2022: Markets Wrap

[Yahoo/Bloomberg] Oil Steadies After Two-Day Rally Ahead of Fed Rate Decision

[AP] Fed set to extend inflation fight with 7th rate hike of 2022

[Reuters] Fed set to slow pace of rate hikes as inflation Grinch loses steam

[CNBC] Mortgage demand inches higher as interest rates move lower

[Yahoo/Bloomberg] Corporate America Buys Back Fewer Shares as Recession Fears Rise

[Yahoo/Bloomberg] US Credit-Card Delinquencies to Rise Next Year, TransUnion Says

[Yahoo/Bloomberg] Blackstone, Goldman Among Top Funds Dominating Private Credit

[Reuters] Tough times': Warnings sound over China's rapid 'zero-COVID' exit

[Reuters] Medical staff in China's hospitals say COVID-19 ripping through their ranks

[Yahoo/Bloomberg] Covid Disrupts Life in Beijing as Key Government Events Canceled

[Yahoo/Bloomberg] China’s Growing Bond Market Stress Puts PBOC Operation in Focus

[Yahoo/Bloomberg] China Asks Banks to Buy Bonds Via Prop Desks After Market Slump

[Reuters] China calls US 'destroyer' of global trading system at WTO

[Yahoo/Bloomberg] Ukraine Latest: Drone Strikes Target Kyiv; Corn Crop Stranded

[Yahoo/Bloomberg] Crypto’s Binance Seeks to Reassure Over Reserves, Says Debt Free

[Reuters] UK inflation falls from 41-year high in run-up to BoE rate decision

[Reuters] Exclusive: ECB sees inflation above target through 2025, source says

[Reuters] Exclusive: Musk's banks to book Twitter loan losses, avoid big hits

[Yahoo/Bloomberg] Triple-Dip La Nina to Chill Northeast Asia and Buoy Energy Demand

[Yahoo/Bloomberg] Vietnam Moves to Shore Up Bond Market to Ease Credit Crunch

[Reuters] Rising climate costs to challenge countries, companies in 2023

[Bloomberg] Covid Surge Spooks Beijing Residents, Disrupts Government Work

[WSJ] Quants Are Headed for Best Year in Decades as Fed Stokes Volatility

[FT] China’s zero-Covid retreat sparks wealth management product sell-off

[FT] ‘Fraud in shorts and T-shirts’: the case against the FTX founder

Tuesday Evening Links

[CNBC] Stock futures are flat as investors await Wednesday’s Federal Reserve rate hike decision

[Yahoo Finance] Fed preview: Central bank set to slow rate hikes at final meeting of 2022

[Yahoo/Bloomberg] Wrong-Way Bets on Inflation Exposed Ahead of Fed Rate Decision

[AP] A slowdown in US inflation eases some pressure on households

[CNBC] Mortgage rates drop after CPI report, but the housing market is far from out of the woods

[Reuters] U.S. existing-home sales to slide to 11-year low in 2023, NAR says

[Politico] The asset bubble that’s quietly popping

[Yahoo/Bloomberg] Swift Bankman-Fried Indictment Points to ‘Avalanche of Evidence’

[Reuters] Exclusive: How a secret software change allowed FTX to use client money

[Yahoo/Bloomberg] China’s Economy Likely Worsened Before Abrupt Covid Policy Shift

Tuesday Afternoon Links

[CNBC] Dow is little changed, gives up gains in midday trading after light inflation report 

[Yahoo/Bloomberg] Bond Traders Now Lean Toward Quarter-Point Fed Hike in February

[Yahoo/Bloomberg] Oil Extends Gains as US Inflation Slows, China Signals Reopening

[Reuters] Binance withdrawals hit $1.9 bln in 24 hours, data firm says

[CNBC] Sam Bankman-Fried criminal charges unsealed: Conspiracy to defraud the U.S., wire fraud, securities fraud, and money laundering

[Yahoo/Bloomberg] Holiday Dessert Costs Keep Surging, While Meat Eaters See Relief

[WSJ] Slowing Inflation Could Intensify Fed Debate Over When to Stop Raising Rates

[FT] Defaults on US junk loans expected to climb as rate rises squeeze earnings