Wednesday, February 22, 2023

Thursday's News Links

[Yahoo/Bloomberg] US Stocks Rise as Fed Aligns With Street Wagers: Markets Wrap

[Reuters] Oil prices firm, but rise in U.S. inventories looms

[Reuters] U.S. weekly jobless claims fall ; fourth-quarter growth trimmed

[AP] US revises down last quarter’s economic growth to 2.7% rate

[AP] Reality bites as Wall Street’s rate cut dream disappears

[Reuters] 'Stubborn' food inflation leaves U.S. shoppers with slim appetite for other goods

[Reuters] U.S. manufacturers see big boost from government subsidies and tax breaks

[Yahoo/Bloomberg] Jerome Powell’s Worst Fear Could Come True in Southern Job Market

[AP] Brutal winter storm causes widespread power outages, travel disruptions

[Yahoo/Bloomberg] Euro-Zone Core Inflation at Record Set to Embolden ECB Hawks

[Reuters] On eve of Ukraine war anniversary, Putin talks about boosting nuclear forces

[Yahoo/Bloomberg] Ukraine Latest: Russia Oil Swaps at Sea; Backing for Putin’s War

[Yahoo/Bloomberg] Chinese City Goes Viral As Lack of Funds Puts Buses at Risk

[Yahoo/Bloomberg] Vietnam Property Debt Crisis Deepens as Major Developer Delays Bond Payment

[Bloomberg] The Average 401(k) Lost 20% of Its Value Last Year

[WSJ] China to Shake Up Financial System as Xi Jinping Installs Key Associates

[FT] The Fed alone cannot bring inflation down

[FT] How Putin blundered into Ukraine — then doubled down

[FT] China tries to play peacemaker in Ukraine war to woo Europe

[FT] West probes potential sanctions busting as exports to Russia’s neighbours surge

[FT] China rolls back unconditional support for Russia

Wednesday Evening Links

[Yahoo/Bloomberg] Stocks Get No Respite as Traders Amp Up Fed Wagers: Markets Wrap

[Yahoo/Bloomberg] Oil Extends Losing Streak as Fed Minutes Hint at More Rate Hikes

[Reuters] With inflation still the focus, Fed minutes show openness to higher rates endgame

[Yahoo/Bloomberg] Fed Worries Over Economic Risks From Prolonged Debt-Limit Talks

[Reuters] Biden, Putin display their alliances with Ukraine war backdrop

[Reuters] U.S. concerned by China-Russia ties as Putin signals Xi visit

[Reuters] Massive snowstorm closes schools, grounds flights in U.S. heartland

[Yahoo Finance] Real estate: US homeowners have lost $2.3 trillion since June: Redfin data

[Bloomberg] US Housing Market Posts $2.3 Trillion Drop, Biggest Since 2008

[NYT] China’s Economic Support for Russia Could Elicit More Sanctions

[NYT] China’s Tech Rainmaker Vanishes, and So Does Business Confidence

[WSJ] Fed Minutes Show Most Officials Favored Quarter-Point Rate Rise

[WSJ] China’s Top Diplomat Lauds Strength of Russia Ties in Putin Meeting

[FT] Developing countries’ debts mount as pandemic and strong dollar hit finances

Wednesday Afternoon Links

[Reuters] S&P closes lower as Fed minutes fail to halt losing run

[Reuters] 'Almost all' Fed officials backed quarter-percentage-point hike at last meeting, minutes show

[CNBC] Fed minutes show members resolved to keep fighting inflation

[Reuters] China, Russia deepen ties as Biden rallies NATO's 'frontline' over Ukraine

[Yahoo/Bloomberg] Ukraine Latest: G-7 Readies New Tool for Sanctions Enforcement

[Reuters] Global debt sees first annual drop since 2015 - IIF

[FT] Russia and China vow to strengthen ties despite international ‘pressure’

[FT] Developing countries’ debts mount as pandemic and strong dollar hit finances