Monday, May 15, 2023

Monday Evening Links

[Yahoo/Bloomberg] S&P ETF Barely Budges on Yellen’s Late-Day Remarks: Markets Wrap

[Yahoo/Bloomberg] Yellen Sticks With Warning US Could Run Out of Cash by June 1

[Yahoo/Bloomberg] Debt-Limit Talks Are Far From Over, McCarthy Says Ahead of Biden Meeting

[Yahoo/Bloomberg] Fed Officials Signal Rate Caution on Credit and Price Pressures

[Reuters] Fed's Barkin not yet convinced inflation is on steady path down

[Yahoo/Bloomberg] Zero-Day Options Battle With Long-Dated Ones in Trendless Stock Market

[Yahoo/Bloomberg] Chicago’s Empty Office Towers Threaten Its Future as a Major Financial Hub

[Yahoo/Bloomberg] NYC Budget Deficits Forecast to Be Bigger Than Mayor’s Estimate

[Yahoo Finance] 'A sign of trouble?' Why more Americans are missing their debt payments.

[Reuters] Russia scrambles jet as France, Germany conduct NATO patrols

[WSJ] Yellen Says Treasury Still Expects U.S. Could Default as Soon as June 1

[FT] Janet Yellen warns of jump in US borrowing costs amid debt ceiling stand-off

[FT] Federal Reserve’s Barkin sees ‘no barrier’ to higher rates if inflation persists

[FT] Russian PM to attend business forum in China as bilateral trade rises

Monday Afternoon Links

[Yahoo/Bloomberg] Stock Traders on Hold Amid Debt-Ceiling Debate: Markets Wrap

[Yahoo/Bloomberg] Oil Rises Above $71 With Debt-Ceiling Talks Restraining Rebound

[Yahoo/Bloomberg] Washington’s Window for Resolving the US Debt Ceiling Is Closing

[Reuters] Biden's budget vs. House debt limit bill on spending, deficits, taxes

[CNBC] Consumer debt passes $17 trillion for the first time despite slide in mortgage demand

[Reuters] New York factory activity slumps in May - NY Fed

[Yahoo/Bloomberg] Fed Officials Signal Rate Caution on Credit and Price Pressures

[Yahoo/Bloomberg] Credit Crunch Fuels 48-Hour Bankruptcy Rush With Seven Filings

[Reuters] NY Fed finds big slowdown in new mortgage creation in first quarter

[Reuters] Ukraine hails gains in Bakhmut as Zelenskiy wins more arms in Europe