Thursday's News Links

[Yahoo/Bloomberg] Stocks Drop With Earnings, Rates in Focus: Markets Wrap

[Reuters] Debt ceiling jitters lift US credit default swaps to highest since 2011

[Yahoo/Bloomberg] Oil Extends Drop as US Slowdown Concerns Eclipse Stockpile Draw

[Reuters] US weekly jobless claims increase moderately

[CNBC] Home sales fell in March amid volatility in mortgage rates

[Reuters] Fed's Williams: Inflation still 'too high,' Fed will act to lower it

[Yahoo/Bloomberg] Fed’s Williams Says Banking Stress Likely to Tighten Credit

[Reuters] Yellen calls for 'constructive and fair' US economic ties with China

[Yahoo/Bloomberg] BlackRock Delivers Stark Warning on US Debt Default: New Economy

[Yahoo/Bloomberg] US, Ukraine Allies Consider Near-Total Ban on Exports to Russia

[Reuters] Japan March export growth slows, annual trade deficit widens to record

[Reuters] Ex-MOF Tamaki urges BOJ to alter stimulus while momentum lasts

[Yahoo/Bloomberg] Deadly Heat Bakes Millions From China to India, Raising Blackout Risks

[Reuters] World could face record temperatures in 2023 as El Nino returns

[WSJ] Australia Plots Biggest Shake-Up of Central Bank in Decades

[WSJ] A Record Number of Journalists Were Detained Worldwide Prior to Evan Gershkovich’s Arrest

[FT] Hollowing out of San Francisco raises fears over status as top tech hub

TS Conference Call This Afternoon - "From Big Squeeze to Banking Crisis"

Please join Doug Noland and David McAlvany Thursday, April 20th, at 4:00 pm Eastern/ 2:00 pm Mountain time for the Tactical Short Q1 recap conference call, “From Big Squeeze to Banking Crisis.” Click here to register.

Wednesday Evening Links

[Reuters] Dow dips, S&P 500 stable after medtech gains, Netflix drag

[Reuters] Tesla's margins drop on aggressive discounting, shares fall

[Yahoo Finance] Fed’s Beige Book shows credit conditions tightened after SVB failure

[Reuters] Republican McCarthy unveils plan to lift US debt ceiling, cut spending

[Yahoo/Bloomberg] US Treasury’s Cash Pile Jumps $108 Billion on Tax Day

[Bloomberg] Corporate Bonds Are Being Cut to Junk at Fastest Pace Since 2020

[Bloomberg] The Repo Man Returns as More Americans Fall Behind on Car Payments

[FT] Kevin McCarthy sets out Republican demands for averting debt ceiling crisis

Wednesday Afternoon Links

[Yahoo/Bloomberg] Stocks Fall as Traders Weigh Earnings; Yields Rise: Markets Wrap

[Reuters] Wall St slips on mixed earnings, higher Treasury yields

[Yahoo/Bloomberg] Oil Unable to Hold On to $80 as Risk-Off Mood Grips Markets

[Yahoo/Bloomberg] More Americans Are Losing Their Homes as Foreclosures on US Properties Rise

[Reuters] Credit squeeze 'biggest threat' to economic outlook, Fidelity says

[Reuters] Analysis: Why is UK inflation so high?

[Yahoo/Bloomberg] London Rents Soar at Fastest Pace in More Than a Decade

[Yahoo/Bloomberg] ECB to Keep Tightening Rates If Projections Hold: New Economy

[Reuters] Some 155,000 Canadian public workers strike over wages

[Yahoo/Bloomberg] Higher Rates Drag Canadian Housing Starts Back to Pandemic Levels

[Yahoo/Bloomberg] Ukraine Latest: China Denies Reports on Drone Exports to Russia

[Axios] Rapidly developing El Niño set to boost global warming

[WSJ] The Era of Easy Deposits Is Over for Main Street Banks

[FT] Morgan Stanley chief warns investment banking may not recover until next year