Thursday's News Links

[Yahoo/Bloomberg] Equity Rally Fizzles Amid Worries Over Recession: Markets Wrap

[Reuters] Gold edges higher as investors weigh Fed slowdown chances

[Reuters] Recession angst triggers worst day of year for European stocks

[Yahoo/Bloomberg] Oil Extends Decline on US Recession Concern, Inventory Build

[CNN] Jobless claims drop to 190,000 as labor market remains tight

[Reuters] U.S. government touches debt limit

[AP] As US nears debt limit, political frictions raising alarms

[Reuters] Explainer: A looming U.S. debt ceiling fight is starting to worry investors

[Yahoo/Bloomberg] Global Bond Sales Off to Record Start of Nearly $600 Billion

[Reuters] Crypto lender Genesis preparing to file for bankruptcy - Bloomberg News

[CNBC] Jamie Dimon says rates will rise above 5% because there is still ‘a lot of underlying inflation’

[Reuters] Putin ally Medvedev warns NATO of nuclear war if Russia is defeated in Ukraine

[Reuters] Analysis: BOJ bullishness on wages suggests days of super-low rates are numbered

[Reuters] China races to make COVID drugs as Xi fears rural outbreaks

[Yahoo/Bloomberg] BOJ Fails to Crush Big Short as UBS, Schroders See Capitulation

[Yahoo/Bloomberg] ECB’s Knot Sees ‘Multiple’ Half-Point Hikes to Tame Prices

[Yahoo/Bloomberg] Lula Questions Advantages for Brazil of Independent Central Bank

[Yahoo/Bloomberg] Fleeing Foreign Investors Worsen South Africa’s Deficit Problem

[WSJ] What Is the U.S. Debt Ceiling and What Happens If It Isn’t Raised?

[WSJ] China’s Property Bust Compounds Economic Pain

[FT] What happens when the US hits the debt ceiling?

[FT] Russia sees big risk to its financial health from lower oil revenues