Wednesday, February 15, 2023

Thursday's News Links

[Yahoo/Bloomberg] US Stocks Drop as Producer Prices Exceed Forecast: Markets Wrap

[Reuters] Oil rises on China optimism, market shrugs off U.S. inventory build

[CNBC] Wholesale prices rose 0.7% in January, more than expected fueling inflation increase

[Reuters] U.S. weekly jobless claims fall; monthly producer prices rebound

[Yahoo Finance] Fed's Mester saw 'compelling' case for 0.50% rate hike this month

[Reuters] Factbox: The U.S. debt ceiling and markets: Gauging the fallout

[Yahoo/Bloomberg] US Rates May Be Heading Higher Than Wall Street or the Fed Think

[Yahoo/Bloomberg] Adani Credit Flashes Warnings After Group Gorged on Cheap Debt

[Reuters] China sanctions Lockheed Martin, Raytheon over Taiwan arms sales

[Yahoo/Bloomberg] China’s $2 Trillion LGFV Market Flashes New Credit Warning

[Reuters] China's new home prices rise in Jan for first time in a year

[Reuters] Japan logs record merchandise trade deficit in Jan as export growth slows

[Reuters] Russia strikes across Ukraine as push for embattled Bakhmut grinds on

[AP] How Ukraine war has shaped US planning for a China conflict

[FT] The US plan to become the world’s cleantech superpower

[FT] Bank of Japan gets ‘ideas man’ to chart tricky path from negative rates

[FT] Eurozone central banks face credibility test on losses

[FT] US crackdown turns up the heat on crypto market

Wednesday Evening Links

[Reuters] S&P 500 ends higher after strong retail sales data

[Yahoo/Bloomberg] Oil Slips as US Supply Build Overshadows Stronger China Outlook

[Bloomberg] Treasury Risks July Payment Default If Lawmakers Fail to Raise Debt Limit, CBO Says

[Reuters] U.S. could face debt-ceiling crisis this summer without deal, CBO warns

[Yahoo/Bloomberg] Biden-McCarthy Budget Challenge Worsens on New CBO Estimates

[Yahoo/Bloomberg] JPMorgan’s Kolanovic Warns of ‘Volmageddon 2.0’ Risk in Options

[NYT] What Toxic Chemicals Were Aboard the Derailed Train in Ohio?

[FT] Markets Come to Grips With the Fed on Interest Rates

Wednesday Afternoon Links

[Reuters] Wall St slips as strong retail sales data fuels rate worries

[Yahoo/Bloomberg] Oil Tumbles as US Crude, Fuels Pile Up on Refinery Slowdown

[Yahoo/Bloomberg] Traders Capitulate, Abandoning Fed Rate Cut Bets After CPI Spike

[Yahoo/Bloomberg] US Economy Keeps Charging Ahead, Adding Pressure on Fed to Hike

[Reuters] U.S. manufacturing output surges in January

[Yahoo/Bloomberg] Home Price Drop Hits 15% in Canada as Rates Squeeze Buyers

[AP] Retail sales jump as Americans defy inflation and rate hikes

[Dow Jones] U.S. Home-Builder Confidence Rose Sharply in February, Beating Expectations

[Dow Jones] Contraction in New York Factory Activity Softened in February — NY Fed

[Yahoo/Bloomberg] Brazil Credit Crunch Is Brewing as Americanas Fallout Grows

[Reuters] Warm water melts weak spots on Antarctica's 'Doomsday Glacier', say scientists

[NYT] U.S. on Track to Add $19 Trillion in New Debt Over 10 Years

[WSJ] Investor Home-Purchases Plunge by Half in Fourth Quarter Amid Housing Slump