Friday's News Links

[Reuters] Global stocks edge back down from latest all-time highs

[Yahoo/Bloomberg] Stocks Set for Best Week of Year After Dovish Tilt: Markets Wrap

[Yahoo/Bloomberg] China Jolts FX Markets as Yuan Suffers Worst Day in Two Months

[Reuters] China yuan drops to four-month low, state banks step in 

[Reuters] Dollar steadfast as investors seek 'carry'

[Yahoo/Bloomberg] Oil Steady as Stronger Dollar Offsets Tightening Fundamentals

[Reuters] China gloom sucks life out of Asia's rate cut cheer

[Reuters] The great central bank policy reversal kicks off

[Reuters] U.S. companies' stock purchases via buybacks, M&A to hit 6-year high in 2024, Goldman says

[AP] Higher temperatures mean higher food and other prices. A new study links climate shocks to inflation

[Yahoo/Bloomberg] Chicago’s $8.5 Billion O’Hare Upgrade Falters as Costs Balloon

[Yahoo/Bloomberg] BOJ Watchers See Next Rate Hike by October, Risk of Faster Moves

[Yahoo/Bloomberg] China’s Central Government Steps Up Spending to Bolster Economy

[AP] Russia attacks Ukrainian electrical power facilities, including major hydroelectric plant

[WSJ] Why China’s Middle Class Is Losing Its Confidence

[WSJ] Beijing Concerned Funds From Liquidity Boosts Aren’t Finding Borrowers

[FT] Investors pour money into US corporate bond funds at record rate

[FT] US housing market belatedly wakes up to flood risk

Thursday Evening Links

[Yahoo/Bloomberg] S&P 500 Hits 20th Record This Year in Risk-On Push: Markets Wrap

[Yahoo/Bloomberg] Dollar Jumps as Fed Starts to Look More Hawkish Than Some Peers

[Yahoo/Bloomberg] Bitcoin On Track for Worst Week in Months as ETF Demand Falters

[Reuters] Red Sea fighting traps two oil ships in Houthi waters

[Reuters] Fed's dovish pivot 'inertia' may spell trouble for long-term bonds, BlackRock says

[FT] ‘Is monetary policy even working?’

[FT] Tett: It’s time to be honest about America’s commercial real estate hangover

Thursday Afternoon Links

[Reuters] Wall Street extends overnight record setting after SNB cut, steady Fed 

[Yahoo/Bloomberg] Oil Steadies Near $81 as Stronger Dollar Hampers Crude’s Rally

[Reuters] US Treasury key yield curve inversion becomes the longest on record

[Yahoo/Bloomberg] US Manufacturing Activity Expands by Most Since June 2022

[Yahoo/Bloomberg] Sales of Previously Owned US Homes Surge to Highest in a Year

[CNBC] DOJ sues Apple over iPhone monopoly in landmark antitrust case

[Reuters] Turkey central bank stuns market with 500-point rate hike to 50%