Wednesday, December 20, 2023

Thursday's News Links

[Yahoo/Bloomberg] Stocks Rebound on Wall Street: Markets Wrap

[Reuters] Gold prices rebound as weaker US yields, dollar lift demand

[Yahoo/Bloomberg] Oil Steadies as Red Sea Risks Weighed Against Record US Output

[AP] Weekly US unemployment claims rise slightly but job market remains strong as inflation eases

[Yahoo/Bloomberg] US Considering Hiking Tariffs on China EVs, Solar Products, WSJ Reports

[AP] Ready, set, travel: The holiday rush to the airports and highways is underway

[Reuters] Is the 'Big Ease' coming in 2024 or will rate-cut hopes get dashed?

[Reuters] Dealmakers see rebound after global M&A volumes hit decade-low

[Yahoo/Bloomberg] Japan to Unveil $784 Billion Budget, Adding to Debt Burden

[Reuters] Japan government lifts economic growth estimates

[Reuters] China bans export of rare earth processing tech over national security

[Yahoo/Bloomberg] China’s Budget Shift Risks Local Officials ‘Lying Flat’

[Yahoo/Bloomberg] China’s Foreign Direct Investment Drops to Near Four-Year Low

[Yahoo/Bloomberg] Rice Prices Scale Fresh 15-Year High as Supply Risks Linger

[Reuters] Russia has fired 7,400 missiles, 3,700 Shahed drones in war so far, Kyiv says

[Bloomberg] Vilified Zero-Day Options Blamed by Traders for S&P Decline

[Bloomberg] El-Erian: Fed and Markets Resume Their Unhealthy Co-Dependency

[Bloomberg] Shanghai, Beijing Home Sales Surge After Policy Easing

[Bloomberg] What the Oldest Lab Rodents Are Teaching Humans About Staying Young

[NYT] Americans May Be Taking On Too Much Pay-Later ‘Phantom Debt’

[WSJ] Biden Administration Explores Raising Tariffs on Chinese EVs

[WSJ] Americans Spending Less on Gifts, More on Everything Else

[FT] Beijing home price slide fans China property sector alarm

[FT] China’s renminbi pips Japanese yen to rank fourth in global payments

Wednesday Evening Links

[Reuters] Wall Street tumbles to sharply lower close as abrupt sell-off snaps rally

[Yahoo/Bloomberg] S&P Logs Worst Day in Two Months, Bonds Power On: Markets Wrap

[Yahoo/Bloomberg] Treasuries Rally With Global Bonds as Traders Lift Rate-Cut Bets

[Reuters] Fed's Harker open to lowering interest rates, but not imminently

[Yahoo/Bloomberg] Bankers See $1 Trillion Blue-Chip Loan Market Turnaround After Slow 2023

[Reuters] North Korea's Kim warns of 'nuclear attack' if provoked with nukes -KCNA

[WSJ] Houthi Rebels Vow to Retaliate as U.S.-Led Force Deploys for Middle East

Wednesday Afternoon Links

[Reuters] S&P 500, Dow muted as rate-cut rally sputters; FedEx slides

[Yahoo/Bloomberg] Oil Pares Gains as Rising US Stockpiles Undercut Red Sea Risks

[Yahoo/Bloomberg] Pump Prices in US Post Biggest Jump in Four Months

[Yahoo/Bloomberg] Yemen’s Houthis Vow More Attacks on Ships in Red Sea Despite US Naval Force

[Reuters] Shipping industry in the dark over US-led Red Sea navy force

[Reuters] US consumer confidence rises to five-month high; home sales eke out gains

[Yahoo Finance] Existing home sales rise slightly in November as mortgage rates fall

[Yahoo Finance] Americans haven't been this optimistic about stocks since 2021

[Reuters] Hezbollah pays growing price in Mideast conflict

[Reuters] In China's eyes we're all separatists, Taiwan presidential frontrunner says

[WSJ] Swimming Pools and Granite Countertops: How College Dorms Got So Expensive

[FT] Spike in US overnight lending rates awakens fears of money market strains

[FT] Global trade shudders over blockages in the Suez and Panama