Credit Bubble Bulletin

Presented by Doug Noland since 2012

Credit Bubble Daily
Friday, June 13, 2025
[Yahoo/Reuters] Stocks sell off, oil surges as Israel strikes Iran [Yahoo Finance] Oil prices surge after Israel strikes Iran in major escalation of MidEast standoff [Yahoo/Bloomberg] Gold Jumps After Israel Launches Strikes on Iran’s Nuclear Sites [AP] Israel attacks Iran’s nuclear sites and its top military leaders. Iran retaliates with drones [Reuters] Live updates: Israel strikes Iran's nuclear facilities and kills senior military leaders, Iran retaliates with drones [CNN] Live updates: Israel strikes Iran nuclear sites and military leadership as Middle East braces for retaliation [Yahoo/Bloomberg] Israel Attacks Iran’s Nuclear Sites in Major Escalation [Axios] Israel's strike on Iran was 8 months in the making [Reuters] Ships warned to avoid Red Sea, log Hormuz voyages after Israel hits Iran [Politico] Trump warns Iran: Make a deal before there’s ‘nothing left’ [Reuters] Iran plans to 'give a harsh response' to Israeli attack, Iranian security source to Reuters [CNBC] China’s tight grip on rare earths shows little sign of weakening [Reuters] Fed meeting in focus as investors seek rate-path hints [Bloomberg] Strait of Hormuz Is Vital, and Risky, for Shipping [Bloomberg] Israel-Iran Conflict Triggers Fear of ‘Death Spiral,’ Analysts Say [Bloomberg] How Trump’s Raids Tighten an Already Tight Labor Market [Bloomberg] Beijing’s Borrowing Drove Credit Growth Despite Weak Loan Demand [NYT] Where’s the Inflation From Tariffs? Just Wait, Economists Say. [WSJ] Your Electric Bill Is Rising Faster Than Inflation. Here’s Why. [WSJ] Chinese AI Companies Dodge U.S. Chip Curbs by Flying Suitcases of Hard Drives Abroad [FT] Israel launches air strikes against Iran commanders and nuclear sites [FT] Tett: Central banks are beginning to fret about dollar swap lines [FT] China’s car industry runs on empty as supply chain bills go unpaid
Thursday, June 12, 2025
[CNBC] Stocks fall as Trump threatens unilateral tariffs: Live updates [Yahoo/Bloomberg] Gold Gains as Traders Weigh Middle East Tensions, Trump Tariffs [Yahoo/Bloomberg] Dollar Hits Fresh 2025 Low as US Tariff Concerns Pick Up Again [Reuters] Marines prepare for Los Angeles deployment as protests spread across US [Reuters] Iran will not compromise on right to enrichment, says official [Reuters] US weekly jobless claims steady at higher levels [AP] US producer prices rise modest 2.6% in May with inflationary pressures still mild [Axios] Trump warns "take it or leave it" trade offers coming in days [Yahoo/Bloomberg] Xi Plays Long Game on US-China Trade as Trump Seeks Quick Wins [AP] Critical minerals give China an edge in trade negotiations [Yahoo/Bloomberg] US Moves Some Diplomats Out of Mideast as Iran Tensions Rise [Yahoo/Bloomberg] US long-dated debt faces crucial test in $22 billion auction [Yahoo/Bloomberg] DoubleLine’s Gundlach Says ‘Reckoning Is Coming’ for US Debt [Bloomberg] China’s Cheap Funding Breathes Life Into Leveraged Bond Trades [Bloomberg] There Aren’t Enough Cables to Meet Growing Electricity Demand [Bloomberg] Japan Complains After Chinese Fighter Jet Buzzes Patrol Plane [NYT] Israel Appears Ready to Attack Iran, Officials in U.S. and Europe Say [NYT] The Art of the Stall: China’s Strategy for Dealing With Trump [NYT] How Washington Has Tried to Control China’s Tech [NYT] How Companies Are Bracing for Trump’s Immigration Crackdown [WSJ] Supply Chains Become New Battleground in the Global Trade War [WSJ] U.S. Moves to Withdraw Some Middle East Personnel as Iran Tensions Rise [WSJ] Iran Says It Will Accelerate Nuclear Work After U.N. Atomic Agency Censure [FT] What is the deal with all these risk indicators? [FT] China demands sensitive information for rare earth exports, companies warn [FT] Oil prices surge on fears of escalation between US and Iran [FT] Silver and platinum prices soar as investors seek ‘gold alternatives’ [FT] Donald Trump says US military families can leave parts of Middle East [FT] Dollar weakness is turning all fund managers into currency traders
Wednesday, June 11, 2025
[CNBC] Stocks jump after tame inflation report: Live updates [Reuters] Gold rises as US-China trade deal uncertainty fuels demand [Yahoo/Bloomberg] Platinum Extends Gain as Market Shows Further Signs of Tightness [Yahoo/Reuters] Dollar, yuan steady after US, China reach framework deal to ease export curbs [CNBC] U.S. inflation rises 0.1% in May from prior month, less than expected [Yahoo/Reuters] Trump says China will supply rare earths, US to allow students [Yahoo/Bloomberg] China Urges US to Comply With ‘Hard-Won’ Deal After London Talks [Yahoo/Bloomberg] US, China Officials Agree on Plan to Reduce Trade Tensions [AP] The US and China have agreed on a framework to resolve their trade disputes [Axios] Trump says China deal includes magnets, student visas [AP] Appeals court lets Trump administration keep collecting tariffs while challenges continue [CNBC] Mortgage demand rises to the highest level in over a month, after holiday adjustment [Reuters] US Marines arrive in LA; California governor warns 'democracy under assault' [Reuters] US cities brace for more protests as parts of Los Angeles placed under curfew [Reuters] Trump warns protests at Army parade will be met with force [Yahoo/Reuters] Tariffs seen lifting underlying US consumer prices in May [Axios] Republicans warn Trump that some deportations go too far [Axios] Behind the Curtain: A decades-in-the-making immigration war [Reuters] May was world's second-hottest on record, EU scientists say [Bloomberg] China Found World’s Pain Point on Trade — and Will Use It Again [Bloomberg] EU Sees US Trade Talks Extending Beyond Trump’s July Deadline [Bloomberg] Late-Day Credit Trades Are Surging as Index Boom Reshapes Market [Bloomberg] Overfishing Threatens a Third of Global Fish Stocks, FAO Says [NYT] U.S. and China Agree to Resume Trade Truce After Tensions Escalated [NYT] China Walks a Line in U.S. Trade Talks, Trying Not to Overplay Its Hand [NYT] Yale Is Rushing to Sell Billions in Private Equity Investments [WSJ] U.S. and China Agree to Get Geneva Pact Back on Track [WSJ] How the U.S. Government Borrows to Fund Its Massive Budget Shortfall [WSJ] Texas Governor to Deploy National Guard as Anti-ICE Protests Spread [FT] US and China agree framework deal to restore trade war truce [FT] Gold overtakes euro as global reserve asset, ECB says [FT] World’s oceans remain near record temperatures as CO₂ levels rise
Tuesday, June 10, 2025
[CNBC] Stock futures are little changed as investors await details on U.S.-China trade talks progress: Live updates [Reuters] Stocks, dollar climb as investors hope for US-China trade talk progress [AP] US-China trade talks in London enter their second day [Yahoo/Bloomberg] Popular US Treasury Bet Risks Being Next Pain Trade, BNP Warns [Yahoo/Bloomberg] Traders Wary of Bold Bets Drag Credit Volatility Near Record Low [Yahoo/Reuters] US small business sentiment improves in May, but uncertainty rising [Yahoo/Fortune] Government borrowing binge could crowd out mortgages and business investment [Axios] Unrestrained Trump flirts with Insurrection Act as Marines deploy to L.A. [Axios] Scoop: Trump held lengthy Camp David strategy session with top team on Iran and Gaza [Yahoo/Bloomberg] Unrestrained Trump Turns to Military in Second-Term Power Play [Bloomberg] Taiwan Life Insurer Losses Swell to $1.2 Billion in May on FX [Bloomberg] China Sends Two Aircraft Carriers Into Pacific Ocean in a First [NYT] Clock Ticks as U.S. and China Try to Undo Devastating Trade Curbs [NYT] China’s Chokehold on This Obscure Mineral Threatens the West’s Militaries [WSJ] America’s Small Businesses Hopeful of Boost From Trump’s Spending Bill [WSJ] Moody’s Sounds Alarm on Private Funds for Individuals [WSJ] Marines Are Deploying to L.A. Area in Wake of ICE Protests [FT] US says trade talks with China ‘going well’ as sides reconvene [FT] Russia launches mass missile and drone attack on Kyiv for third night
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