Friday, May 24, 2024

Friday, May 24, 2024
Doug Noland Posted on May 24, 2024

[Yahoo/Bloomberg] Stocks Edge Higher as Tech Bulls Wade Back In: Markets Wrap

[Reuters] Oil holds steady around three-month lows

[Reuters] Rising US debt burden spooks some bond investors ahead of election

[Yahoo/Bloomberg] Carry Trade Is All the Rage Across Global Bond and FX Markets

[Reuters] Central bankers should acknowledge blind spots, Fed’s Mester says

[Dow Jones] U.S. durable goods rise for third straight month in April

[Axios] Major consumer divide: The rich keep spending, as poorer Americans struggle

[AFP] China warns of Taiwan ‘war’ as military drills encircle island

[Reuters] Heavy fighting in northern Gaza, Israeli tanks advance further in Rafah

[Reuters] Japan’s inflation slows further, keeping BOJ cautious on further rate hikes

[Reuters] Global equity funds see strong weekly inflows on U.S. rate cut hopes

[Yahoo/Bloomberg] A Hedge-Fund Volatility Trade Risks Getting Crushed by the Crowd

[AP] US pushes for Ukraine aid, united front against China’s trade practices at G7 finance meeting

[Reuters] China’s second day of war games around Taiwan tests ability to ‘seize power’

[Yahoo/Bloomberg] Food Inflation Fears Rekindled as Crop Index Erases 2024 Loss

[Reuters] Heavy rains return to southern Brazil, flooding even higher ground in Porto Alegre

[Bloomberg] China’s $538 Billion Deposit Exodus Supercharges Rally in Bonds

[NYT] Facing Possible Cash Crunch, Giant Real Estate Fund Limits Withdrawals

[NYT] China Has a Plan for Its Housing Crisis. Here’s Why It’s Not Enough.

[WSJ] The Hidden Driver of Soaring Home Insurance Costs

[WSJ] Chat Xi PT? China’s Chatbot Makes Sure It’s a Good Comrade

[FT] Janet Yellen says many Americans still struggling with inflation

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