Saturday, September 30, 2023

Sunday's News Links

[Yahoo/Bloomberg] Market Stress Rises Over Wild Week Ahead Even Without a Shutdown

[Reuters] US Congress passes stopgap bill to avert government shutdown 

[Reuters] Shutdown near-miss illustrates Washington dysfunction

[Reuters] House Speaker McCarthy faces ouster threat for avoiding shutdown

[Yahoo/Bloomberg] US Consumer Spending Is Signaling Pain Ahead: Credit Weekly

[Yahoo/Bloomberg] Once Unthinkable Bond Yields Now the New Normal For Markets

[Reuters] China's factory activity recovery slows in September - Caixin PMI

[Reuters] China new home prices tick up in September, ending four-month decline, survey shows

[WSJ] A New Interest-Rate Regime Has Begun. These Are the Market’s Winners and Losers.

[WSJ] Why Consumers Are Mad About Inflation Even Though It Has Fallen

[WSJ] Does China’s Property Bust Make a Financial Crisis Inevitable?

[FT] Russia and North Korea are baring their teeth

Saturday's News Links

[Reuters] US House leader McCarthy to test his Republican majority with funding vote-source

[Reuters] Wall St Week Ahead US stock market’s powerhouses tested by soaring bond yields

[AP] United Auto Workers strikes spread as 7,000 more workers at two plants join the picket line

[Reuters] Italy plans 21-billion euro asset sell-off to keep debt in check

[Reuters] Chinese hedge fund punished for 'inappropriate' staff behaviour, association says

[Yahoo Finance] Energy consumption 'to dramatically increase' because of AI

[Bloomberg] Once Unthinkable Bond Yields Are Now the New Normal for Markets

[NYT] How China’s Property Crisis Is Testing Its Too-Big-to-Fail Banks

[WSJ] America’s Debt Problem Is Too Big for the Bond Vigilantes

[FT] Regulators turn up heat on shadow banks after market blow-ups