MARKET NEWS / CREDIT BUBBLE DAILY

Thursday, May 23, 2024

MARKET NEWS / CREDIT BUBBLE DAILY
Thursday, May 23, 2024
Doug Noland Posted on May 23, 2024

[Yahoo/Bloomberg] Stocks Rally as Nvidia Keeps AI Juggernaut Going: Markets Wrap

[CNBC] Oil prices bounce back after three-day decline but still on pace for weekly loss

[Yahoo/Bloomberg] China Allows Yuan to Drop as Outflows, Dollar Test PBOC’s Grip

[Reuters] US weekly jobless claims fall as labor market remains solid

[Reuters] Improved business activity casts doubt over rate cuts

[CNBC] JPMorgan CEO Jamie Dimon says U.S. could see a ‘hard landing,’ stagflation will be ‘worst outcome’

[AFP] Companies Put Record Amount In Shareholders’ Pockets: Report

[Reuters] Yellen wants G7 ‘wall of opposition’ to China’s excess industrial capacity

[Yahoo/Bloomberg] Losses Pile Up in Top-Rated Bonds Backed by Commercial Real Estate Debt

[Reuters] Israeli forces push deeper into Gaza’s north and south

[Reuters] China launches ‘punishment’ war games around Taiwan

[AP] Taiwan scrambles jets and puts missile, naval and land units on alert over China’s military drills

[Reuters] Chinese military practiced Taiwan invasion manoeuvres in 2023, says US general

[Reuters] With mock attacks, China sends honed warning to Taiwan’s new president

[Reuters] South Korea holds rates, signals tight policy to stay over short term

[Reuters] South Korea announces $19 bln support package for chip industry

[Reuters] Japan’s factory activity expands for first time in a year, PMI shows

[Yahoo/Bloomberg] Mexico Consumer Prices Rise More Than Expected

[Yahoo/Bloomberg] Euro-Zone Wage Growth Picks Up in Inflation Warning to ECB

[Yahoo/Bloomberg] Euro-Zone Activity Hits One-Year High as Recovery Gains Pace

[Reuters] Russia says it will strike British targets if UK weapons are used to hit its territory

[Bloomberg] Microsoft Wanted to be Carbon Negative. Then It Went Big on AI

[WSJ] Chinese Military Launches Drills Encircling Taiwan in Test of New President

[WSJ] CFOs Lock in Savings with Interest-Rate Swaps Amid Uncertainty About Fed Cuts

[FT] China kicks off ‘punishment’ drills around Taiwan

[FT] Japan’s ‘wall of money’ is too big a temptation to resist

 

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