Friday, August 26, 2022

Friday, August 26, 2022
Doug Noland Posted on August 26, 2022

[Yahoo/Bloomberg] Stocks Rise, Dollar Falls Before Powell’s Keynote: Markets Wrap

[Reuters] Asian shares rise as hopes for audit deal boost China tech

[Yahoo/Bloomberg] Fed’s Jackson Hole Conference Is Underway: Here’s What to Expect

[AP] Inflation eases as consumer prices rise 6.3% in July

[Dow Jones] U.S. Personal Spending Rose 0.1% in July

[Reuters] White House says student loan forgiveness plan will cost $24 bln a year

[Reuters] Global equity funds see large outflows on slowdown worries

[Reuters] European equities see longest weekly outflow streak since 2016 – BofA

[Reuters] Analysis: Forget showering, it’s eat or heat for shocked Europeans hit by energy crisis

[Reuters] China and U.S sign agreement on audit dispute

[Yahoo/Bloomberg] China Recovery Wobbles as Drought, Global Slowdown Add to Risks

[Yahoo/Bloomberg] China Keeps Pushing Back Against Weaker Yuan With Currency Fix

[Yahoo/Bloomberg] China Developer Bond Guarantees That Sparked Rally Gather Pace

[Reuters] As harvest time looms, China tells farmers to replant or switch crops

[Reuters] Analysis: China’s navy begins to erase imaginary Taiwan Strait median line

[Reuters] Taiwan’s top China policy maker to visit United States, meet official

[Reuters] Belarus leader says his warplanes have been modified to carry nuclear weapons

[Bloomberg] The World’s Rivers, Canals and Reservoirs Are Turning to Dust

[Bloomberg] Blackstone Single-Family Landlord to Halt Home Purchases in 38 Cities

[NYT] China’s Record Drought Is Drying Rivers and Feeding Its Coal Habit

[WSJ] Midwest Drought Adds to Pain in Grain Markets

[WSJ] China’s Scorching Heat and Hydropower Missteps Test Nation’s Power Grid

[FT] US has ‘no good options’ on Taiwan as China resets status quo

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