Sunday's News Links

[Yahoo/Bloomberg] US Jobs Report Likely to Show Still-Tight Labor Market

[CNBC] Highly immune evasive omicron XBB.1.5 variant is quickly becoming dominant in U.S. as it doubles weekly

[Yahoo/Bloomberg] Xi Warns of Tough Covid Fight With China Economy on Back Foot

[Reuters] China home prices fall at faster pace in December - private survey

[Reuters] Market misery dealt sovereign wealth funds historic setback in 2022, study shows

[Reuters] Lula returns to office in a troubled, divided Brazil

[AP] NKorea’s Kim orders ‘exponential’ expansion of nuke arsenal

[NYT] U.S. Pours Money Into Chips, but Even Soaring Spending Has Limits

[WSJ] Rookie Traders Are Calling It Quits, and Their Families Are Thrilled

[WSJ] Shift to EVs Triggers Biggest Auto-Factory Building Boom in Decades

[FT] Xi Jinping’s credibility ‘badly wounded’ as China’s Covid death toll mounts

[FT] Year in a word: Chip choke

[FT] ‘There are no dollars’: foreign currency crunch hits Egypt’s economy