MARKET NEWS / CREDIT BUBBLE DAILY

Thursday, August 24, 2023

MARKET NEWS / CREDIT BUBBLE DAILY
Thursday, August 24, 2023
Doug Noland Posted on August 24, 2023

[Yahoo/Bloomberg] Nasdaq Jumps 1% as Nvidia Stokes Tech Rally: Markets Wrap

[Yahoo/Bloomberg] Oil Wavers as Venezuela Supply Outlook Eases Demand Concerns

[Reuters] Fed coming up snake eyes in its battle with spend-happy consumers

[AP] Summer spending at bars & restaurants surges as Americans shrug off inflation, recession fears

[Yahoo/Bloomberg] KKR’s Latest Bankruptcy Deal Is a Bad Omen for Lenders

[Reuters] China central bank boosts offshore bill sales to stabilise yuan, says ex-official

[Yahoo/Bloomberg] China Property Stocks Gauge on Cusp of Erasing Reopening Rally

[Yahoo/Bloomberg] China’s LGFV Insiders Say $9 Trillion Debt Problem Is Worsening

[Reuters] Stimulus or bust: Investors staying out of China until the spending starts

[Reuters] BRICS invites Saudi, Iran and others to join developing world bloc

[Dow Jones] Turkey’s Central Bank Raises Key Interest Rate to 25%

[Reuters] Fukushima wastewater released into the ocean, China bans all Japanese seafood

[NYT] How China Made Its Housing Crisis Worse

[WSJ] Real Rates Aren’t Your Real Friends

[WSJ] China’s Crisis of Confidence in Six Charts

[FT] The local government debt that threatens China’s economy

[FT] China capitalises on US sanctions in fight to dethrone dollar

[FT] Are hedge fund pioneers facing the end of a golden era?

 

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