Tuesday, April 11, 2023

Wednesday's News Links

[Yahoo/Bloomberg] US Stocks Relief Rally Reined in After CPI Data: Markets Wrap

[Yahoo/Bloomberg] Oil Steadies After Surge With Supplies and Stockpiles in Focus

[CNBC] Inflation rises 0.1% in March, less than expected

[AP] Inflation slows but stays high enough for Fed to hike again

[Reuters] Fed minutes to detail debate in the wake of SVB, Signature bank failures

[CNBC] Homebuyer mortgage demand jumps after interest rates drop to two-month low

[Yahoo/Bloomberg] Top US Banks to Reveal $521 Billion Deposit Drop, Most in Decade

[Reuters] US banks to set aside reserves after shoring up First Republic, sources say

[Reuters] Fed's Kashkari: Recession possible, but high inflation would be worse

[Reuters] Explainer: The FDIC's 'special' fee to make banks pay for SVB cleanup

[Yahoo/Bloomberg] Crypto VC Funding Plunges by 80% in Dire Quarter for Startups

[Yahoo/Bloomberg] Goldman Strategists See More Stock Volatility as Risks Mount

[Yahoo/Bloomberg] Ukraine Latest: Blinken Denounces Moscow Over Access to Reporter

[Yahoo/Bloomberg] Fears of Global Sugar Shortage Drive Prices to Decade High

[Yahoo/Bloomberg] China, World Bank Exploring Solutions to Debt-Distress Deadlock

[Reuters] IMF says public debt is growing faster than pre-COVID projections

[Reuters] Macron comments leave senior Taiwanese official 'puzzled'

[Reuters] China records world's first human death from H3N8 bird flu, WHO says

[WSJ] U.S., China to Lead Growth in Government Debts

[WSJ] For Regional Banks, Surviving Won’t Be the Same as Thriving

[FT] Global financial regulator calls for tougher rules after bank panic

Tuesday Evening Links

[Reuters] Wall St ends mixed as inflation data comes into focus 

[Yahoo/Bloomberg] Oil Holds Gains With US Projecting Only Modest Production Growth

[Yahoo/Bloomberg] Fed Officials Signal Divide Over Whether to Hike Rates Again

[Yahoo Finance] Fed's Williams: The Fed has its 'work cut out' bringing down inflation

[Reuters] NY Fed report sees several more years of balance sheet contraction

[Yahoo/Bloomberg] Inflation Data Will Shatter the Stock Market Calm, Goldman Partner Warns

[NYT] California Economy Is on Edge After Tech Layoffs and Studio Cutbacks

Tuesday Afternoon Links

[Reuters] S&P 500 inches higher ahead of inflation data

[Yahoo/Bloomberg] Tech Stocks Slump Extends Ahead of Inflation Data: Markets Wrap

[Yahoo/Bloomberg] Fed Operating Losses Seen Growing With Higher Interest Rates

[Yahoo/Bloomberg] Fed’s Williams Says One More Hike Is ‘Reasonable Starting Place’

[AP] IMF: Prolonged high inflation dims outlook for world economy

[Reuters] IMF warns bank failures highlight 'perilous' financial stability risks

[Reuters] IMF warns deeper financial turmoil would slam global growth

[Yahoo/Bloomberg] Russian Windfall Plunges by $51 Billion as Energy Cash Dries Up

[Reuters] Britain braces for 'unparalleled' disruption from doctors' strike

[MSN/WP] Macron's Taiwan Comments Anger Allies, Delight Beijing

[WSJ] Ballooning National Debt Is a Rotten Legacy

[WSJ] Fed Official: ‘We Need to Be Cautious’ on Raising Rates After Bank Failures

[FT] Top Fed officials debate need for further rate rise

[FT] Top IMF official warns of ‘acute’ risks in global financial system

[FT] IMF warns of ‘hard landing’ for global economy if inflation persists

[FT] The inside story of Credit Suisse’s collapse, by Credit Suisse