Tuesday, June 7, 2022

Tuesday, June 7, 2022
Doug Noland Posted on June 6, 2022

[Yahoo/Bloomberg] US Stocks Drop as Growth Fears Fester: Markets Wrap

[Yahoo/Bloomberg] Bitcoin Falls Back Below $30,000 as Range-Bound Trading Persists

[Reuters] Oil prices stable as market juggles risk sentiment with tight supplies

[Yahoo/Bloomberg] Gold’s Haven Appeal Burnished by Drumbeat of Growth Warnings

[Reuters] Target warns on margins as excess inventory weighs

[CNBC] Housing wealth gains a record $1.2 trillion, but there are signs the market is cooling

[CNBC] Another record-high Social Security cost-of-living adjustment in 2023 could put more money in retirees’ wallets, impact program’s funds

[Yahoo/Bloomberg] Wildfires in US West Match Climate Projections ‘Eerily’ Well

[Yahoo/Bloomberg] Russia’s Default Tussle With Bondholders Is Only Just Starting

[Yahoo/Bloomberg] Ukraine Latest: Russia Bans Americans; Kyiv Looks to Ship Grain

[Reuters] Fighting rages in fierce battle for Ukraine’s east

[MSN/WSJ] Russia Is Weaponizing Food Supplies, Europe Says

[Yahoo/Bloomberg] Half-Point European Central Bank Rate Hike by July Is Coin Toss

[Yahoo/Bloomberg] Japan Officials Back on Alert After Yen Sets Fresh 20-Year Lows

[Reuters] Analysis: China’s consumers keep their wallets in lockdown as COVID curbs ease

[Reuters] Analysis: China’s economic headwinds chill its wary new homebuyers

[Yahoo/Bloomberg] Japan Officials Back on Alert After Yen Sets Fresh 20-Year Lows

[Reuters] South Korea, U.S. showcase air power during U.S. official’s Seoul visit

[Reuters] China’s top diplomat says new, old China-Japan problems intertwined

[Bloomberg] BOJ’s Kuroda Walks Back Remarks on Rising Inflation Tolerance

[NYT] Thefts, Fraud and Lawsuits at the World’s Biggest NFT Marketplace

[WSJ] Highflying Tiger Global Humbled by Unraveling of Giant Tech Bet

[WSJ] Commercial Property Sales Slow as Rising Interest Rates Sink Deals

[WSJ] Blackstone, Other Large Private-Equity Firms Turn Attention to Vast Retail Market

[FT] ‘Liquidity is terrible’: poor trading conditions fuel Wall Street tumult

[FT] EU is on the back foot in inflation fight

[FT] Saudi Arabia is increasing supply. Why is the oil price holding firm?

[FT] Russian menace brings abrupt end to the west’s ‘peace dividend’

[FT] Taiwan: preparing for a potential Chinese invasion

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