MARKET NEWS / CREDIT BUBBLE DAILY

Thursday, August 10, 2023

MARKET NEWS / CREDIT BUBBLE DAILY
Thursday, August 10, 2023
Doug Noland Posted on August 10, 2023

[Yahoo/Bloomberg] Stocks climb as inflation slowdown pauses: Stock market news today

[Yahoo/Bloomberg] Yen Dips to Weakest Since 2008 Against Euro, Eyes 145 Per Dollar

[Yahoo/Bloomberg] Oil Holds Nine-Month High as Supply Risks Offset US Stockpiles

[Yahoo/Bloomberg] Soaring Rice Prices Stretch Budgets for Billions in Asia, Africa

[CNBC] Inflation gauge rose 3.2% annually in July, less than expected

[AP] Number of Americans applying for jobless aid rises, but not enough to cause concern

[Reuters] Analysis: Moody’s warning on US banks a wake-up call for sanguine investors

[Reuters] Hawaii wildfires kill 36 as ‘apocalypse’ hits Maui island resort city

[CNBC] China slams Biden’s order limiting U.S. overseas tech investment

[CNBC] China’s real estate market roiled by default fears again, as Country Garden spooks investors

[Reuters] What are China’s ‘sponge cities’ and why aren’t they stopping the floods?

[Reuters] ECB is on back foot and for once it’s down to Germany

[Reuters] UK retailer Wilko collapses, putting 12,000 jobs at risk

[Reuters] Japan ex-PM Aso’s ‘fight for Taiwan’ remark in line with official view, lawmaker says

[Reuters] North Korea’s Kim dismisses top general, calls for war preparations

[Bloomberg] Country Garden Downgraded by Moody’s After Missed Coupons

[NYT] Heat, War and Trade Protections Raise Uncertainty for Food Prices

[WSJ] U.S. and China Poised to Drift Further Apart After Investment Ban

[WSJ] Colleges Spend Like There’s No Tomorrow. ‘These Places Are Just Devouring Money.’

[FT] The dark side of the US sports betting boom

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