Wednesday, December 21, 2022

Thursday's News Links

[Yahoo/Bloomberg] US Stocks Fall as Micron Outlook Saps Confidence: Markets Wrap

[Reuters] Global stock rally fades as recession worries linger

[Yahoo/Bloomberg] Oil Rallies With Prices Boosted by Dollar Dip, Stockpiles

[Yahoo/Bloomberg] Yen Gains Look Capped as Treasury Yields Seen Marching Higher

[Yahoo/Bloomberg] Ukraine Latest: Russia Warns It Will Target US Weapons Donations

[AP] Zelenskyy thanks ‘every American,’ sees ‘turning point’

[Reuters] Republican senators propose overhaul of Federal Reserve amid concerns about politics

[Reuters] The whack-a-mole economy: U.S. manufacturers struggle with unpredictable supplies

[Reuters] Analysis: Fed's balance sheet drawdown could sunset next year

[Reuters] Banker bonuses go from boom to bust in jarring reversal

[Yahoo/Bloomberg] China State Council, PBOC Vow to Boost Growth, Property

[Reuters] Shanghai hospital warns of 'tragic battle' as COVID spreads

[Reuters] Chinese cities give out free fever drugs as COVID flares

[Yahoo/Bloomberg] ECB’s Guindos Says Half-Point Hikes May Become ‘New Norm’

[Yahoo/Bloomberg] Japan Eyes Record Budget as BOJ Shock Pressures Funding Costs

[Yahoo/Bloomberg] Mr. Yen Says BOJ May Surprise Again by Tightening in January

[Yahoo/Bloomberg] Suddenly Everyone Is Hunting for Alternatives to the US Dollar

[Yahoo/Bloomberg] Bankman-Fried Associates Flip as FTX Co-Founder Arrives in NYC

[Reuters] Micron sets 10% job cuts in 2023 due to 'supply-demand mismatch'

[CNBC] Gold at $4,000? Analysts share their 2023 outlook as inflation, recession fears linger

[Reuters] Turkey raises monthly minimum wage by 55% for 2023

[Reuters] Taiwan scrambles jets to warn away Chinese air force incursion

[Reuters] South Korea, U.S. consider live-fire drills amid North Korea threats

[Reuters] Russia condemns "militarization" of Japan under Kishida defence plan

[Bloomberg] JPMorgan’s Credit-Trading Loss Hinged on Internal Valuations

[Bloomberg] China’s Streets More Deserted Than During Lockdowns, Data Shows

[Bloomberg] China Developers’ Recovery After $74 Billion Rout Faces Covid Turmoil

[WSJ] Zelensky Says Ukraine Will Never Surrender, Asks Biden and Congress for More Aid

[WSJ] SEC Heightening Scrutiny of Auditors’ Crypto Work

[WSJ] U.S. Life Expectancy Fell to Lowest Level Since 1996

Wednesday Afternoon Links

[Yahoo/Bloomberg] Stocks Rally for a Second Day; Treasuries Mixed: Markets Wrap

[Yahoo/Bloomberg] Oil Rises to Two-Week High as US Crude Stockpiles Decline 

[Reuters] Biden and Zelenskiy show solidarity at White House in first wartime visit

[Yahoo/Bloomberg] Ukraine Latest: Zelenskiy Meets With Biden as US Adds More Aid

[Reuters] Sprawling U.S. storm threatens holiday travel as 'bomb cyclone' looms

[CNBC] Home sales tumbled more than 7% in November, the 10th straight month of declines

[Reuters] U.S. current account deficit shrinks in third quarter

[FT] Cathie Wood’s Ark sheds almost $50bn in assets since 2021 peak