MARKET NEWS / CREDIT BUBBLE DAILY

Wednesday, March 6, 2024

MARKET NEWS / CREDIT BUBBLE DAILY
Wednesday, March 6, 2024
Doug Noland Posted on March 6, 2024

[Yahoo/Bloomberg] Stocks Rise as Traders Seek Rate Clues From Powell: Markets Wrap

[Reuters] Oil up as OPEC+ cuts override China, US demand concerns

[CNBC] Powell reinforces position that the Fed is not ready to start cutting interest rates

[Reuters] Fed’s Powell still expects rate cuts, but inflation progress “not assured”

[Yahoo Finance] Rate cuts likely at ‘some point’ this year: Fed’s Powell

[CNBC] Private payrolls rose by 140,000 in February, less than expected, ADP reports

[CNBC] Weekly mortgage demand surges 11% as more homes hit the spring market

[Reuters] US House aims to pass spending bill to avert weekend government shutdown

[Reuters] Morning Bid: Powell tees up after megacaps scatter

[Reuters] Fed’s Powell to set election year stage with testimony on rate cuts, inflation

[AP] A suspected attack by Yemen’s Houthi rebels damages a ship in the Gulf of Aden

[Yahoo/Bloomberg] Bitcoin and Gold Both Hitting All-Time Highs Are a Jarring Contrast for Markets

[Reuters] China’s Xi Jinping summons ‘new productive forces’, but old questions linger

[Reuters] Chinese investors rush abroad, hitting outbound investment limit

[Yahoo/Bloomberg] China Defends 5% Growth Target, Hints at Liquidity Boost

[Yahoo/Bloomberg] BOJ Is Said to Gain Confidence in Wage Growth Before Rate Call

[Yahoo/Bloomberg] Egypt Devalues Currency by More Than 35% After Big Rate Hike

[Reuters] U.S. urges Iran to dilute all its near-weapons-grade uranium

[Bloomberg] Powell in a ‘Delicate Dance’ With Wall Street as Markets Heat Up

[Bloomberg] A Hidden Crisis in US Housing

[NYT] Fed Chair Powell Still Expects to Cut Rates This Year, but Not Yet

[WSJ] Powell Says Fed on Track to Cut Rates This Year

[WSJ] China’s New Funding Model: Keep It Central

[WSJ] How a Chinese X User in Italy Became a Beijing Target

[FT] Strong US economy brings bets that Federal Reserve will wait on interest rate cuts

 

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