Wednesday, December 18, 2024

Thursday's News Links

[Yahoo/Bloomberg] US Stocks Stage Recovery After Fed Day Selloff: Markets Wrap

[Yahoo/Bloomberg] Yen Slides More Than 1% to Weakest Since July on Ueda Comments

[Yahoo/Bloomberg] PBOC Offers Strongest Yuan Support Since July After Dollar Gains

[Yahoo/Reuters] South Korean won hits 15-year low as hawkish Fed, domestic politics weigh

[Yahoo/Bloomberg] Asian Central Banks Start Pushback as Fed Shift Hits Currencies

[AP] US applications for unemployment benefits come back down after last week’s big rise

[AP] U.S. economy grows at 3.1% pace in third quarter, an upgrade from previous estimate

[AP] Trump brings chaos back to Washington by attempting to kill bipartisan budget deal with Musk’s help

[Yahoo Finance] Government shutdown odds are rising. Economic experts aren’t panicking (yet).

[Axios] Behind the Curtain: Musk's America

[Yahoo/Bloomberg] Private Credit Looks to Consumers, Infrastructure for Next Stage

[Yahoo/Reuters] Dealmakers eye $4 trillion-plus M&A haul in 2025 on Trump boost

[Yahoo/Bloomberg] BOJ Stands Pat as Dissenter’s Rate Hike Proposal Voted Down

[Yahoo/Bloomberg] Lula’s Powerless Aides Let Currency Panic Go Unchecked in Brazil

[Yahoo/Bloomberg] Brazil Congress Again Waters Down Fiscal Plan as Real Sinks

[Yahoo/Bloomberg] BOE Keeps Rates Unchanged Even as Three Officials Back Cut

[Yahoo/Bloomberg] France to Push Ahead With €300 Billion Bond Plan Without Budget

[Reuters] New Zealand sinks into recession, more rate cuts coming

[AP] Macao's casino boom brings wealth but at a cost, 25 years since China's takeover

[Bloomberg] Trump, Musk Threaten US Shutdown and Shake Up Republican Party

[Bloomberg] UK Weighs Donation Cap to Stymie Farage’s Pursuit of Musk Money

[NYT] Why the Specter of Trump Hangs Over the Fed, Congress and the Markets

[WSJ] Musk Draws First Blood With Spending Bill Bombshell

[WSJ] They Look Like CDs, but They’re Annuities—and Sales Are Booming

[WSJ] Putin Signals No Rush to End Ukraine War in Marathon TV Appearance

[FT] Donald Trump’s presidency looms over the Federal Reserve

[FT] Donald Trump’s pledges seep into Federal Reserve’s outlook

[FT] Does the Fed know it’s Christmas time at all?

[FT] Dealmakers bet that Trump will fuel mega-deal rebound

[FT] Stop pushing Zelenskyy into peace talks, warns EU’s top diplomat