MARKET NEWS / CREDIT BUBBLE DAILY

Monday, November 20, 2023

MARKET NEWS / CREDIT BUBBLE DAILY
Monday, November 20, 2023
Doug Noland Posted on November 20, 2023

[Yahoo/Bloomberg] Dollar Extends Drop; Microsoft Gains on AI Hires: Markets Wrap

[Reuters] Dollar drops to two-month low, yen hits 6-1/2 week high

[Reuters] Oil rises on expectations of further OPEC+ supply cuts

[Yahoo/Bloomberg] Argentina’s Dollar Bonds, Stocks Rally After Milei’s Victory

[Yahoo/Bloomberg] Fed Officials Rely on Real-Time Anecdotes Over Data to Bolster Case for Patience

[AP] Microsoft hires Sam Altman and OpenAI’s new CEO vows to investigate his firing

[Yahoo/Bloomberg] The Doomed Mission Behind Sam Altman’s Shock Ouster From OpenAI

[Axios] America’s homebuyers are getting older

[Yahoo/Blooberg] China Pauses Rate Cuts as Focus Shifts to Credit Stability

[Yahoo/Bloomberg] Chinese Banks Keep Lending Rates After PBOC Policy Rate Hold

[Reuters] China, Saudi Arabia sign currency swap agreement

[Reuters] Argentina’s next president Milei must tame inflation, turn around economy

[Yahoo/Bloomberg] Japan’s Fiscal Advisory Board Warns of Impact of Higher Rates

[Reuters] Taiwan’s former US envoy, well-known in U.S., vilified by China, named VP candidate

[WSJ] Office Landlords Can’t Get a Loan Anymore

[WSJ] Apple Had Better Watch Its Back in China

[WSJ] Argentina’s New President Wants to Adopt the U.S. Dollar as the National Currency

[WSJ] Era of Total U.S. Submarine Dominance Over China Is Ending

[FT] Private equity’s new financial engineering brings risks

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