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[Yahoo/Bloomberg] US Equities Drop With global Stocks; Twitter Slumps: Markets Wrap [Yahoo/Bloomberg] China Stocks Drop Most in a Month on Covid Flareups, Tech Fines [Reuters] Euro flirts with parity as Russian gas link enters planned shutdown [Reuters] Oil slides on China COVID worries [Yahoo/Bloomberg] Nail-Biting Tech Earnings Season Ahead After Nasdaq Rout [Reuters] U.S. bank […]
[Yahoo/Bloomberg] Fed Braces as Another Big US Inflation Number Looms: Eco Week [Reuters] Blinken and China’s Wang Yi hold ‘candid’ talks on Ukraine and trade [Yahoo/Bloomberg] ‘Strong’ ECB Crisis Tool Could Stay on Shelf, Stournaras Says [Yahoo/Bloomberg] Japan Ruling Bloc Easily Wins Vote Held Days After Abe’s Murder [Reuters] Chinese protesters demanding bank deposits tussle […]
Eyes Ahead: Looking for the Fat Pitch It was a captivating week in the wild world of markets, with fascinating, high-impact dynamics in play. Strong labor market data in the non-farm payrolls release Friday offered a positive economic surprise, the dollar broke out significantly to another set of fresh multi-decade highs, commodities were mixed but […]
[Yahoo/Bloomberg] Ukraine Latest: New US Aid; Russia Strikes Zelenskiy’s Home Town [MSN/WSJ] Blinken Reproves China Counterpart Over Support for Russia [CNBC] Russia is bringing more reserve forces close to Ukraine; Moscow official jailed for anti-war comment [Reuters] U.S. consumer credit growth slows considerably in May [Yahoo/Bloomberg] Charting the Global Economy: US Jobs Signal Another Big […]
The late-nineties U.S. “tech” Bubble was financed, at the margin, by high-yield debt (telecom, in particular), speculative hedge fund levered finance, and GSE liquidity. The Bubble was reasonably well contained within the technology, telecom and media sectors. Importantly, since the Bubble was not systemic, the system readily responded to Fed reflationary measures. It helped tremendously […]
[Yahoo/Bloomberg] US Stocks Drop as Jobs Fuel Rate-Hike Bets: Markets Wrap [CNBC] Treasury yields jump as strong jobs report likely to keep the Fed aggressive [Reuters] Oil heads for weekly loss as recession fears trump tight supply [Reuters] Shinzo Abe, Japan’s former prime minister, assassinated at a campaign stop [Reuters] Shocked Blinken says Abe was […]
