Wednesday, April 24, 2024

Wednesday, April 24, 2024
Doug Noland Posted on April 24, 2024

[Yahoo/Bloomberg] Tech Rally Keeps Stocks Afloat Amid Mixed Earnings: Markets Wrap

[AP] Senate overwhelmingly passes aid for Ukraine, Israel and Taiwan with big bipartisan vote

[Yahoo/Bloomberg] US 30-Year Mortgage Rate Rises to Five-Month High of 7.24%

[CNBC] Mortgage demand drops as interest rates soar over 7%

[Dow Jones] Durable-goods orders get boost from autos and planes, but most manufacturers tread water

[AP] Surging auto insurance rates squeeze drivers, fuel inflation

[Yahoo/Bloomberg] Florida’s Home Insurance Industry May Be Worse Than Anyone Realizes

[Yahoo/Bloomberg] Bank Indonesia Surprises With Rate Hike, Expects Rupiah Gain

[Reuters] Australia Q1 inflation slowdown disappoints, rate cut bets gone

[CNBC] China may have to brace for a new wave of bond defaults, S&P says

[NA] China’s Gen Z turns frugal as economy doubts linger

[Reuters] ECB’s June rate cut not necessarily followed by others, Nagel says

[Yahoo/Bloomberg] German Business Outlook Hits One-Year High as Economy Heals

[Yahoo/Bloomberg] French Grid Issues Are Causing Power Prices to Soar in Europe

[Yahoo/Bloomberg] Blinken Lands in China For Tense Talks as US Sanctions Loom

[Reuters] Israel gears up for Rafah civilian evacuation ahead of promised assault

[Reuters] Ukrainian drones struck two Rosneft oil depots in attack, Kyiv source says

[Reuters] Taiwan happy with US aid package, China objects to arms sales

[Bloomberg] Yen Weakens Past Key 155 Level, Adding to Intervention Risk

[Bloomberg] Cocoa Price Swings Are the Craziest Since the 1970s

[WSJ] Asian Central Banks Face Policy Dilemma From Fed Rate-Cut Delay, FX Crunch

[WSJ] The Folly of China’s Real-Estate Boom Was Easy to See, but No One Wanted to Stop It

[WSJ] China’s EV Price War Is Just Getting Started

[FT] Jamie Dimon cautions over soft landing for ‘unbelievable’ US economy


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