Saturday, August 26, 2023

Sunday's News Links

[Yahoo/Bloomberg] Powell Has Bond Traders Right Where He Wants Them: Full of Doubt

[CNBC] Labor unions are pushing hard for double-digit raises and better hours. Many are winning

[Reuters] Fed's Mester sees another rate hike, says rate cuts may have to wait

[Reuters] Analysis: U.S. growth, a puzzle to policymakers, could pose global risks

[CNBC] China’s rare earths dominance makes U.S. supply chains vulnerable, trade representative says

[Yahoo/Bloomberg] BOJ Chief Says Strategy Backed by Below-Target Inflation

[Reuters] BOJ's Ueda: Underlying inflation still a bit below target

[Reuters] China halves stamp duty on stock trades to boost flagging market

[Reuters] China's industrial profits extend slump into seventh month

[Yahoo/Bloomberg] Emerging-Market Funding Gets Creative as Dollar Bonds Dry Up

[AP] Global inflation pressures could become harder to manage in coming years, research suggests

[Reuters] China's 'aggressive behaviour' in South China Sea must be challenged, US Navy official says

[NYT] What China’s Economic Woes May Mean for the U.S.

[WSJ] Why Central Bankers Are Unsure Whether They’ve Raised Rates Enough

[WSJ] Rising Long-Term Rates Loom Over Autumn on Wall Street

[WSJ] Communist Party Priorities Complicate Plans to Revive China’s Economy

[WSJ] Fed’s Inflation Fight, China’s Slowdown Hammer Emerging Markets

[FT] ‘There is no pre-existing playbook’: policy models get rethink at Jackson Hole

Saturday's News Links

[Reuters] Wall St Week Ahead Historically stormy month of September may test US stock rally

[Reuters] No appetite at Fed, ECB for changing inflation goal

[Reuters] Large US homebuilders raise prices as existing home supply remains tight

[Yahoo/Bloomberg] Charting the Global Economy: Euro Area Activity Retrenches

[Reuters] South Korean protesters call for government action on Fukushima water

[Reuters] Japan scrambles jets to monitor Chinese bombers near Okinawa, drone near Taiwan

[WSJ] Despite What Powell Says, the Fed Is Likely Done

[WSJ] Consumers Are Spending Like It’s 2019

[WSJ] Are We Ready for a $100 Billion Catastrophe? How About $200 Billion?

[FT] Weak yen puts pressure on BoJ to tighten policy

[FT] Christine Lagarde warns of long-term inflation risks after global economic upheaval

[FT] Xi Jinping dominates Brics summit as leaders endorse Beijing-led expansion