Thursday, May 30, 2024

Thursday, May 30, 2024
Doug Noland Posted on May 30, 2024

[Yahoo/Bloomberg] US Stocks Drop as High Yields Sour Mood: Markets Wrap

[Yahoo/Bloomberg] Yen Rebounds After Weakening to Level of Suspected Intervention

[Yahoo/Bloomberg] Traders Are Bracing for a Record-Smashing Summer That Will Shake Up Commodities

[Reuters] Dollar ascendant as surging US yields spur demand for safe havens

[Yahoo/Bloomberg] Oil Steadies as Traders Look to OPEC+ Meeting, US Inventories

[AP] The number of Americans applying for jobless benefits inches up, but layoffs remain low

[Dow Jones] GDP shows U.S. economy grew just 1.3% in the first quarter as consumer spending slowed

[Reuters] Morning Bid: Agitated markets wary of June heat

[Reuters] Biggest month of bond supply to test markets as rate cut bets fade

[Yahoo/Bloomberg] US banks have a commercial property blind spot risk, study warns

[Reuters] Suffering drought, heat, blackouts, Mexicans head to the polls

[Reuters] China’s military says Taiwan drills met goals but it is ready for further action

[Yahoo/Bloomberg] China Vanke in Advanced Talks With Banks for $6.9 Billion Loan

[Reuters] Fourteen Hong Kong democrats found guilty in landmark subversion trial

[Yahoo/Bloomberg] Extreme Heat Helps Push India’s Power Demand to New Record

[Bloomberg] Dudley: The Fed Thinks It’s Fighting Inflation. Think Again.

[WSJ] This Record Stock Market Is Riding on Questionable AI Assumptions

[WSJ] The Rise in Consumers’ Late Debt Payments Is Slowing Down

[WSJ] Eurozone Unemployment Hits Record Low

[FT] US slows plans to retire coal plants as power demand from AI surges

[FT] Can US offices collapse without breaking something important?

[FT] Pressure mounts on Beijing to allow renminbi to weaken

[FT] Exodus of US law firms from Shanghai accelerates

[FT] Europe may soon discover the limits of decoupling on rates

[FT] The fading Fed reign of economics PhDs


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