MARKET NEWS / CREDIT BUBBLE DAILY

Wednesday, August 10, 2022

MARKET NEWS / CREDIT BUBBLE DAILY
Wednesday, August 10, 2022
Doug Noland Posted on August 10, 2022

[Yahoo/Bloomberg] Stocks Rally, Bond Yields Tumble After CPI Data: Markets Wrap

[Yahoo/Bloomberg] Oil Drops as Russia Prepares Druzhba Return, US Stockpiles Build

[Yahoo/Bloomberg] US Inflation Decelerates More Than Forecast on Gas Price Drop

[CNBC] Consumer prices rose 8.5% in July, less than expected as inflation pressures ease a bit

[AP] US inflation will likely stay high even as gas prices fall

[Yahoo/Bloomberg] Egg Prices in US Jump 47% as Food Inflation Soars, IRI Says

[Reuters] U.S. Postal Service can’t lick inflation, seeks to hike stamp prices again

[Yahoo/Bloomberg] China Consumer Inflation Reaches 2-Year High as Pork Surges

[Yahoo/Bloomberg] China’s Central Bank Warns of Inflation Risks as CPI Climbs

[Reuters] China property developers’ woes cast shadow over management units

[AP] China reaffirms threat of military force to annex Taiwan

[Reuters] China withdraws promise not to send troops to Taiwan if it takes control of island

[AP] China’s youth face bleak job market as COVID slows economy

[Yahoo/Bloomberg] China’s Cities Face Tough Choice: More Green Energy or Food

[Reuters] China reports 1,094 new COVID cases for Aug 9 vs 939 day earlier

[Yahoo/Bloomberg] Historic Drought Threatens to Cripple European Trade

[AP] Ukraine says 9 Russian warplanes destroyed in Crimea blasts

[FT] Global supply chain pressures are easing — for now

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