MARKET NEWS / CREDIT BUBBLE DAILY

Friday, May 12, 2023

MARKET NEWS / CREDIT BUBBLE DAILY
Friday, May 12, 2023
Doug Noland Posted on May 12, 2023

[Yahoo/Bloomberg] US Stocks Edge Higher as Asian Stocks Fluctuate: Markets Wrap

[Yahoo/Bloomberg] Oil Holds Two-Day Drop as Demand Concerns Offset SPR Refill Plan

[Reuters] Biden, McCarthy debt ceiling meeting postponed, spending cuts on table

[Reuters] Yellen: Still some uncertainty about when Treasury will run out of cash

[Yahoo/Bloomberg] Gold Looks ‘Best Hedge’ as Debt-Ceiling Angst Builds, RBC Says

[Reuters] Fed’s Bowman: more policy tightening likely appropriate

[Yahoo/Bloomberg] Fed Needs More Hikes If Inflation, Labor Stay Hot, Bowman Says

[Reuters] G7 finance chiefs debate reducing supply chain reliance on China

[Yahoo/Bloomberg] ECB May Need to Tighten Further After the Summer, Nagel Says

[Yahoo/Bloomberg] China Housing Rebound Fizzling Shows Risks to Economic Recovery

[Reuters] Aviation leasing watchdog issues warning on India over plane repossessions

[Reuters] Erdogan rival accuses Russia of ‘deep fake’ campaign ahead of presidential vote

[Yahoo/Bloomberg] El Nino May Slash Thai Rice Crop and Spur Inflation Across Asia

[NYT] The Debt Ceiling Dispute Raises the Risks for ‘Risk-Free’ U.S. Bonds

[WSJ] Yellen Doubts Biden Administration Can Avoid Default Without Congress

[WSJ] Bond Selloff Adds to the Pressure on Regional Banks

[WSJ] $10,000 an Hour Bought Inside Line on China—and Now Risks Jail

[WSJ] U.S., Allies Weigh How to Further Punish Russia

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