Monday, May 29, 2023

Monday, May 29, 2023
Doug Noland Posted on May 29, 2023

[Yahoo/Bloomberg] Debt-Limit Deal Brings Relief Tinged by Caution: Markets Wrap

[Reuters] European shares slip, but debt ceiling deal buoys U.S. futures

[Yahoo/Bloomberg] Bear Market Looms for Chinese Equities as Investors Lose Faith

[Yahoo/Bloomberg] Turkish Lira Falls After Erdogan Wins Another Five Years in Power

[Reuters] Japan’s Nikkei share average rises to highest since July 1990

[Reuters] Oil rises after US leaders strike provisional debt deal

[CNN] Biden and McCarthy lean on holdouts in both parties to pass debt ceiling deal

[Yahoo/Bloomberg] Key Takeaways From Biden-McCarthy Deal to Avert US Default

[AP] Takeaways on debt ceiling: McCarthy’s balancing act, Biden’s choice and the challenges ahead

[Politico] White House to Dems: The debt deal could have been a LOT worse

[Reuters] In the Market: Amid the calm, the Fed brews the next storm

[CNBC] Major central banks were expected to pause rate hikes soon. Now it’s not so clear cut

[Yahoo/Bloomberg] Ukraine Recap: Russia Strikes Air Base in Heavy New Bombardment

[Reuters] China urges Japan to halt export restrictions on chips

[Reuters] Japan aims to destroy any N.Korean missile after it warns of satellite launch

[WSJ] Biden, McCarthy Agree to Final Details of Debt-Ceiling Deal

[WSJ] Why Are Markets So Calm? It’s Revenge of the Quant Funds

[FT] Bank turmoil does not justify mission creep by deposit insurance

[FT] ETF share of US market turnover jumps to a record 31%

[FT] Surge in shopping crime costing US retailers millions of dollars


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