Monday, January 8, 2024

Tuesday's News Links

[Yahoo/Bloomberg] Stocks Slip as Tech-Led Bounce Proves Short-Lived: Markets Wrap

[Reuters] US small business sentiment up, but labor, inflation worries persist

[Dow Jones] U.S. trade deficit narrows 2% to $63.2 billion as imports retreat

[CNN] A brutal winter storm is unleashing blizzard conditions in central US and threatening coastal areas with floods and tornadoes

[Reuters] Hezbollah hits Israeli base, says it does not want wider war

[Yahoo/Bloomberg] Xi Vows ‘No Mercy’ as He Deepens Graft Fight in Critical Sectors

[Reuters] China piles pressure on Taiwan ahead of election

[Reuters] Taiwan ruling party candidate will maintain status quo, engage with China

[Yahoo/Bloomberg] Euro-Zone Unemployment Hits Record Low, Defying Recession Gloom

[Reuters] German retail giant Galeria insolvent in wake of Signa collapse

[Yahoo/Bloomberg] Mexico Inflation Accelerates as Banxico Starts to Weigh Interest Rate Cuts

[AP] Earth shattered global heat record in ’23 and it’s flirting with warming limit, European agency says

[Bloomberg] Strenuous Exercise Can Trigger Severe Damage to Muscle Tissue, Long Covid Study Shows

[Bloomberg] Chinese City Official Spent $21 Billion on ‘Vanity Projects’

[WSJ] New Data-Center Property Investment Signals AI Boom

[WSJ] China Becomes the World’s Biggest Auto Exporter—With Help From Russia

[FT] Senior Hizbollah and Hamas figures killed as fears grow of regional war

[FT] Climate records tumbled ‘like dominoes’ during world’s hottest year

Monday Evening Links

[Yahoo/Bloomberg] Asian Stocks Set to Beat US Peers in 2024 on China Revival, Fed Easing

[Reuters] Nasdaq ends higher as yields fall, Boeing curbs gains on Dow 

[Yahoo/Bloomberg] Oil Holds Biggest Drop in a Month on Signs of Softening Market

[Yahoo/Bloomberg] US Consumer Borrowing Surges on Jump in Credit-Card Balances

[Reuters] Fed policy rate appears 'sufficiently restrictive': Bowman

[Yahoo/Bloomberg] Wall Street Is Trying to Nail Down Timing of Fed’s QT Taper

[WSJ] Why Taiwan’s Election Matters

[FT] Investors warn governments about high levels of public debt

Monday Afternoon Links

[Yahoo/Bloomberg] Big Tech Leads US Stock Rebound; Boeing Tumbles: Markets Wrap

[Reuters] Oil falls about 4% as Saudi price cuts add to demand doubts

[Yahoo/Bloomberg] Treasury Yields Resume Slide Aided by Oil and Inflation Outlook

[Reuters] Biden, Saudis call for Israeli restraint as Gaza suffers another bloody day

[Reuters] US homebuyer confidence up in December; more see loan rates falling

[Yahoo/Bloomberg] Citadel, SeaWorld, Apollo Rush to Cut Borrowing Costs With Supply Low

[Reuters] US regional bank profits to be squeezed by pressure to pay for deposits

[Yahoo/Bloomberg] Inflation is on path to reach Fed’s 2% target, Bostic says

[Yahoo/Bloomberg] China Hints at More Easing With Possible Reserve Ratio Cut

[Reuters] US fighter jets to fly over Bosnia in warning to 'secessionist' Serbs