Tuesday, December 19, 2023

Wednesday's News Links

[Yahoo/Bloomberg] Global Bond Rally Speeds Up, Stocks Turn Cautious: Markets Wrap

[Yahoo/Bloomberg] Global Bonds Rally as Softer UK Inflation Boosts Rate-Cut Bets

[Yahoo/Bloomberg] Oil Extends Rally as Red Sea Shipping Risks Dog Global Trade

[Yahoo/Bloomberg] Developed-Market Stocks Eye Record as US Leads $11 Trillion Run

[Yahoo/Bloomberg] The Hedge Fund Traders Dominating a Massive Bet on Bonds

[Reuters] Global regulators make tackling non-bank leverage a priority for 2024

[Yahoo/Bloomberg] Red Sea Chaos Risks Driving Up Price of Goods for Global Economy

[Reuters] US 'buy now, pay later' splurges raise holiday debt hangover risk

[CNBC] Mortgage demand slips despite another drop in interest rates

[Reuters] US 30-year mortgage rate drops to 6.83%, its lowest since June

[Yahoo/Bloomberg] US Child-Care Costs at $40,000 Force Parents to Get Second Jobs

[NBC] Xi warned Biden during summit that Beijing will reunify Taiwan with China

[AP] From AI and inflation to Elon Musk and Taylor Swift, the business stories that dominated 2023

[Reuters] US and China remain top credit ratings to watch in 2024

[Reuters] US-China relations: Expect more turbulence in 2024

[Reuters] China leaves lending benchmark rates unchanged as expected

[Reuters] Beijing ready to expand energy cooperation with Russia - Chinese envoy to Moscow

[Reuters] UK house prices fall in October by most since 2011

[Bloomberg] A $1.3 Trillion Home-Loan System Gone Astray Is Fighting Reform

[Bloomberg] The End of the Debt Bubble Has Put the Chinese Dream On Hold

[WSJ] Powell’s Pivot Sows Confusion Over When and How Fast Fed Will Cut

[WSJ] U.S. Leads Bid to Secure Red Sea, but Shipping Firms Remain on Edge

[WSJ] That’s Two for Two: The World’s Other Big Canal Is in Trouble

[FT] Container ships abandon Red Sea as allies scramble to fend off attacks

[FT] China’s debt isn’t the problem

Tuesday Evening Links

[Yahoo/Bloomberg] Asian Stocks Advance to Track Wall Street’s Rally: Markets Wrap

[Yahoo/Bloomberg] Oil Extends Gains as Red Sea Shipping Risks Plague Global Trade

[CNBC] Shippers have already diverted about $35 billion in cargo from the Red Sea amid fears of attacks

[Guardian] US announces naval coalition to defend Red Sea shipping from Houthi attacks

[Bloomberg] The Hedge Fund Traders Dominating a Massive Bet on Bonds

[Bloomberg] Xi Got Lucky This Year. He Shouldn’t Get Used to It

[NYT] Red Sea Attacks Pose Another Threat to Global Economy

Tuesday Afternoon Links

[Reuters] Wall Street advances as rate-cut fever lingers 

[Yahoo/Bloomberg] High-Flying Stocks Ignore Fed’s Messages on Rates: Markets Wrap

[Yahoo/Bloomberg] Oil Hits Two-Week High as Red Sea Attacks Stoke Shipping Fears

[Reuters] Fed's Bostic: No 'urgency' for rate cuts

[Yahoo Finance] Fed's Barkin wants more 'conviction' on inflation before rate cuts can begin

[Axios] Capitol Hill stunner: 2023 led to fewest laws in decades

[Reuters] WHO classifies JN.1 coronavirus strain as 'variant of interest'