Tuesday, May 9, 2023

Tuesday, May 9, 2023
Doug Noland Posted on May 9, 2023

[Yahoo/Bloomberg] Stocks and Oil Fall on Weak China Data; SBB Sinks: Markets Wrap

[Reuters] Gold gains with debt ceiling and inflation in spotlight

[Yahoo/Bloomberg] PacWest Resumes Selloff as Battered Regional Bank Stocks Slide

[Yahoo/Bloomberg] Oil Drops After Two-Day Surge as China Clouds Demand Outlook

[Reuters] Biden, McCarthy start debt ceiling talks as clock ticks to default

[Yahoo Finance] Watch for these 5 signals from the White House debt-ceiling talks

[Reuters] What to watch for in the Biden-McCarthy debt ceiling meeting

[Reuters] US small business optimism deteriorates in April, NFIB says

[Reuters] China’s shrinking imports, slower exports growth heap pressure on economy

[Yahoo/Bloomberg] Police Raid Consulting Firm as China Starts Anti-Spy Campaign

[Reuters] Japan’s spending downturn, wages decline heighten pressure on economy

[Yahoo/Bloomberg] Japan Real Wages Drop for 12th Straight Month, as BOJ, Kishida Scrutinize Pay

[Reuters] ECB may need to raise rates for longer than anticipated: Kazimir

[Reuters] Putin says a ‘real war’ is being waged against Russia in Victory Day speech

[Bloomberg] Jerome Powell Faces Lowest Public Confidence for Fed Chairman on Record, Gallup Says

[Bloomberg] Wanda in Talks With Banks on Loan Relief as Challenges Mount

[WSJ] Bonds Backed by Apartments Are Under Stress as Housing Market Cools

[WSJ] China Finally Has a Rival as the World’s Factory Floor

[NYT] Financial Stability Experts at the Fed Turn a Wary Eye on Commercial Real Estate

[FT] US lenders warned that commercial property is ‘next shoe to drop’

[FT] Weak Chinese demand pushes iron ore prices to five-month low

[FT] Vladimir Putin defiant over Ukraine war as Russia celebrates Victory Day

[FT] Turkey election: Erdoğan faces his greatest challenge yet


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