Monday, September 18, 2023

Tuesday's News Links

[Yahoo/Bloomberg] Stocks Struggle as $95 Oil Adds to Rate Concerns: Markets Wrap

[Yahoo/Bloomberg] Oil’s Rally Gathers Momentum as Brent Pops Above $95 a Barrel

[Yahoo/Bloomberg] Oil’s Ascent to $95 Is Changing Trades Across Wall Street

[Yahoo/Bloomberg] China’s Worst Capital Outflow in Years Spells More Yuan Pressure

[Reuters] US single-family housing starts tumble in August

[Reuters] Fed to hold rates steady, but signal policy path in meeting this week

[Yahoo/Bloomberg] Fed Faces Familiar Foe as Oil Prices Threaten Growth, Inflation

[AP] UAW threatens expanded strikes if there is no progress on contract with automakers by noon Friday

[AP] A new breed of leaders are atop the largest US unions today. Here are some faces to know

[Reuters] U.S. business optimism about China outlook falls to record low - survey

[Reuters] Foreign holdings of US Treasuries increase in July, China holdings plunge -data

[Yahoo/Bloomberg] The Most Popular Options Trade Turns a $1 Investment Into a $1,000 Stock Bet

[CNBC] Olive oil prices surge over 100% to record highs, sparking cooking oil thefts

[Dow Jones] Canada Inflation Accelerates to 4% in August

[Yahoo/Bloomberg] Country Garden Leaves Bondholders in Dark as Interest Unpaid

[Dow Jones] Major Chinese Cities Rush to Scrap Home-Buying Curbs to Boost Demand

[Reuters] Japan's central bank will keep stimulus for now as risks grow

[Yahoo/Bloomberg] Ueda Abandons ‘Shock and Awe’ on Path Toward BOJ Normalization

[Reuters] Putin and Xi to meet in Beijing in October, Russia says

[Bloomberg] The Global Economy Enters an Era of Upheaval

[NYT] Fed Creeps Toward Next Phase in Its Fight Against Inflation

[NYT] Strike Is a High-Stakes Gamble for Autoworkers and the Labor Movement

[WSJ] The Yuan and Yen Need the Fed’s Help. They Might Not Get It.

[WSJ] The Market-Beating Investment That’s Defying Wall Street Skeptics

[WSJ] The Unexpected New Winners in the Global Energy War

[FT] US Federal Reserve set to hold rates but leave tightening in play

[FT] Central banks must keep interest rates high until inflation is tamed, says OECD

Monday Evening Links

[Yahoo/Bloomberg] Wall Street Gearing Up for Fed’s ‘Hawkish Pause’: Markets Wrap 

[Yahoo/Bloomberg] Oil Extends Rally as Physical Market Flashes Signs of Tightness

[AP] Federal Reserve is poised to leave rates unchanged as it tracks progress toward a ‘soft landing’

[Reuters] Top House Republican McCarthy to test narrow majority in shutdown fight

[AP] Speaker McCarthy is running out of options to stop a shutdown as conservatives balk at a new plan

[Reuters] Ford could face strike in Canada, adding to US labor pressure

[NYT] U.S. National Debt Tops $33 Trillion for First Time

[NYT] Crisis and Bailout: The Tortuous Cycle Stalking Nations in Debt

[WSJ] The Fed Isn’t Getting the Economy It Expected

[FT] Ukraine war and the west’s relations with China reshape global trade

[FT] German companies must cut exposure to China, warns Bundesbank

Monday Afternoon Links

[Reuters] Wall St gains in choppy trading ahead of Fed rate verdict

[Yahoo Finance] Gas prices hit 2023 highs as oil chugs higher

[Yahoo/Bloomberg] Surging Physical Oil Market Brings $100 Crude Back in Sight

[Reuters] UAW resumes bargaining talks with Chrysler-parent Stellantis

[Yahoo Finance] UAW strike: Stellantis ups offer; Ford, GM to lay off workers due to ripple effects

[Yahoo/Bloomberg] US Homebuilder Sentiment Drops to Five-Month Low on Higher Rates

[Yahoo/Bloomberg] Big Bank Borrowing Rebound Seen as Sign of Alarm on Reserves