MARKET NEWS / CREDIT BUBBLE DAILY

Friday, May 19, 2023

MARKET NEWS / CREDIT BUBBLE DAILY
Friday, May 19, 2023
Doug Noland Posted on May 19, 2023

[Yahoo/Bloomberg] DAX Nears Record as Wall Street Rally Bubbles Over: Markets Wrap

[Yahoo/Bloomberg] China’s Yuan Jumps After Central Bank Vows to Curb Speculation

[Reuters] Japan’s Nikkei powers to 1990 ‘bubble’ era high

[Reuters] Oil rebounds on fading risk of U.S. debt default

[Reuters] Fed’s Powell in the spotlight as pressure grows to ‘fish or cut bait’ on rates

[Reuters] Democratic senators urge Biden to use 14th Amendment to avoid debt default

[MSN/WP] World Watches in Disbelief and Horror as U.S. Nears Possible Default

[Yahoo/Bloomberg] China Faces ‘Confidence Trap’ as Economic Recovery Falters

[Yahoo/Bloomberg] Japan’s Inflation Quickens Again, Putting Pressure on BOJ View

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

[Yahoo/Bloomberg] Ueda Warns Against Early BOJ Policy Change Even After Price Jump

[Reuters] Russian forces dig in at Ukrainian nuclear plant, witnesses say

[Yahoo/Bloomberg] Russian PM to visit Beijing as China renews criticism of Western arms sales to Ukraine

[Bloomberg] China Considers Moving Stakes in Bad Banks to Sovereign Wealth Fund

[Bloomberg] $10 Billion Property Bond Defaults Are Just Around the Corner

[NYT] America’s Semiconductor Boom Faces a Challenge: Not Enough Workers

[WSJ] Rebound in Treasury Yields Fueled by Resilient Growth, Inflation

[FT] A Chinese comedian walks into a political storm after army joke falls flat

 

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