Monday, June 3, 2024

Monday, June 3, 2024
Doug Noland Posted on June 3, 2024

[Reuters] Nasdaq, S&P 500 rise as summer trading begins

[Yahoo/Bloomberg] Elections Drive Emerging-Market Currency Swings as Stocks Rally

[Yahoo/Bloomberg] Oil Steady After OPEC+ Signals Plan to Return Barrels to Market

[Reuters] Mexico peso drops more than 3% on jitters over Morena supermajority

[AP] This week: Job openings, services sector update, monthly employment tally

[Reuters] Morning Bid: Wall St eyes election-strewn June, jobs week

[Yahoo/Bloomberg] Private Credit, Wall Street’s Hottest Trade, Has an Ugly Moment

[Yahoo/Bloomberg] Loan Frenzy Masks Losses From Defaults: Credit Weekly

[AP] CEOs made nearly 200 times what their workers got paid last year

[Yahoo/Bloomberg] AI Firm Plans Private Credit Fund for Servers With Nvidia Chips

[Reuters] Asian factory activity expands in May on robust global demand

[Reuters] China’s factory activity growth hits 2-year high, Caixin PMI shows

[Yahoo/Bloomberg] All the Tools the PBOC Has to Support China’s Property Sector

[Yahoo/Bloomberg] China’s Biggest Cities See Housing Market Pick Up After Easing

[Reuters] Mexico’s Sheinbaum seen winning landslide, set to be first female president

[Reuters] Modi’s alliance to win big in India election, exit polls project

[Reuters] Russia warns US against ‘fatal’ miscalculation in Ukraine

[Bloomberg] China Needs Much More Central Government Debt, Key Adviser Says

[NYT] Abnormally Dry Canada Taps U.S. Energy, Reversing Usual Flow

[WSJ] The U.S. Gave Chip Makers Billions. Now Comes the Hard Part.

[WSJ] The Insurance Market Is Flirting With Natural Disasters

[WSJ] China Is ‘Prepositioning’ for Future Cyberattacks—and the New NSA Chief Is Worried

[WSJ] 35 Years After Tiananmen, China’s Conduct Again Triggers Alarm

[FT] Fed official says interest rates should stay on hold for ‘extended’ time

[FT] La Niña switch expected to fuel extreme weather later this year

[FT] Russia’s nuclear threats are losing their power

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