MARKET NEWS / CREDIT BUBBLE DAILY

Friday, June 23, 2023

MARKET NEWS / CREDIT BUBBLE DAILY
Friday, June 23, 2023
Doug Noland Posted on June 23, 2023

[Reuters] Rate worries, stalling economies cast pall over stock markets

[Yahoo/Bloomberg] Bonds Surge as Activity Data Raises Recession Fear: Markets Wrap

[Reuters] Turkey’s lira sinks to record low after unconvincing rate hike

[Yahoo/Bloomberg] Yen Traders on Verbal Intervention Watch as Weakness Extends

[Yahoo/Bloomberg] Oil Sags for Second Day After Federal Reserve Signals Hikes

[Reuters] Analysis: With U.S. labor tight, union workers make bolder contract demands

[Yahoo/Bloomberg] BofA Says Investors Are Fleeing Tech Stocks After ‘Baby Bubble’

[Yahoo/Bloomberg] Big VC, Tech Got Backstop for Billions in Uninsured SVB Deposits

[Yahoo/Bloomberg] Japan’s Inflation Outpaces Forecast Amid Focus on BOJ Price View

[Reuters] Japan’s inflation stays above BOJ target, key gauge hits 42-year high

[Reuters] Deepening economic pain leaves ECB in policy dilemma

[Yahoo/Bloomberg] Euro-Zone Activity Almost Stalls as Recession Rebound Fades

[Reuters] Beijing steps up hot weather alert to highest level

[Bloomberg] BofA Strategist Says UK Is ‘Stagflationary Sick Man of Europe’

[Bloomberg] The World’s Empty Office Buildings Have Become a Debt Time Bomb

[FT] Central banks’ battle with inflation enters a new phase of ‘pain’

[FT] US-listed ETFs enjoy $40bn bonanza in just one week

[FT] Eurozone economy has slowed sharply, business survey shows

[FT] German house prices fall by record 6.8% as higher mortgage costs deter buyers

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