MARKET NEWS / CREDIT BUBBLE DAILY

Saturday, October 8, 2022

MARKET NEWS / CREDIT BUBBLE DAILY
Saturday, October 8, 2022
Doug Noland Posted on October 8, 2022

[Reuters] OPEC+ oil output cut shows widening rift between Biden and Saudi royals

[Yahoo/Bloomberg] Summers Urges Fed to Keep Tightening, Even as ‘Collision’ Looms

[Yahoo/Bloomberg] Kwarteng Heads to IMF With Alarm Bells Recalling 1976 Bailout

[Reuters] Explosion destroys part of Crimea bridge crucial to Russian war effort

[Reuters] U.S. tries to hobble China chip industry with new export rules

[AP] China lashes out at latest U.S. export controls on chips

[Yahoo/Bloomberg] China Services Activity Drops as Covid Lockdowns Curb Spending

[Reuters] China’s services activity falls for first time since May

[Reuters] China’s holiday home sales fall 37.7% year over year, survey shows

[Reuters] China says U.S. abusing trade measures with chip export controls

[Reuters] Taiwan signals its chip firms will follow new U.S. rules on China

[Reuters] Australia’s New South Wales braces for more floods with 64 warnings

[AP] North Korea says US carrier’s return aggravates tensions

[FT] The new oil war: Opec moves against the US

[FT] Wall Street banks slash $34bn from earnings forecasts for big companies

[FT] EU leaders say they are moving closer to joint action on energy

[FT] How bond market mayhem set off a pension ‘time bomb’

[FT] Are we expecting sovereign debt to do too much?

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