Wednesday, August 23, 2023

Wednesday, August 23, 2023
Doug Noland Posted on August 23, 2023

[Yahoo/Bloomberg] Stocks Trim Gains on Results Gloom; Bonds Rise: Markets Wrap

[Yahoo/Bloomberg] Oil Falls to Near One-Month Low on Bearish Signs in Euro Area

[Yahoo/Bloomberg] US Mortgage Rates Jump to 7.31%, Highest Level Since Late 2000

[CNBC] Mortgage demand from homebuyers drops to a 28-year low as interest rates soar

[AP] Surprisingly durable US economy poses key question: Are we facing higher-for-longer interest rates?

[Reuters] Analysis: US bond yields surge despite muted inflation as investors look beyond Fed

[Yahoo Finance] Macy’s big warning on credit cards a big problem for some other retailers

[CNBC] Pork belly prices are up 100% this year — your breakfast bacon is about to get pricier

[Yahoo/Bloomberg] Investors Say They’ll Stick With Gold as Fed Cycle Heads for End

[Reuters] Unpaid workers, silent sites: China’s property woes hit Country Garden

[Yahoo/Bloomberg] Country Garden Leaves Investors in Dark on Exact Default Deadline

[Yahoo/Bloomberg] Xi Skips Speech Defending China Economy at BRICS Business Forum

[Yahoo/Bloomberg] Global Funds Abandon China Blue Chips in $9.3 Billion Selloff

[Reuters] China should stick to ‘houses are for living, not for speculation’ – state media

[Yahoo/Bloomberg] China Vows Action Over ‘Selfish’ Japan’s Nuclear Wastewater Plan

[Reuters] BRICS divisions re-emerge ahead of critical expansion debate

[Reuters] Japan’s price trend gauges hit record, signal broadening inflation

[Reuters] Factory slump and cost-of-living squeeze puts UK economy on course to shrink

[Yahoo/Bloomberg] Euro Area’s Worsening Downturn Fuels Bets on ECB September Pause

[Reuters] Slide in euro zone service sector sharpens ECB’s rates dilemma

[Reuters] German business activity suffers steepest decline since May 2020

[Reuters] Protests mount in South Korea over Japan’s plan to release Fukushima water

[WSJ] Wall Street’s China Dreams Slip Away

[WSJ] China, Russia Deliver Broadsides Against the West at Brics Summit

[WSJ] Heat, Floods, Fire: Was Summer 2023 the New Normal?

[FT] ‘Higher-for-longer’ rate debate to dominate Jackson Hole meeting

[FT] The risk of an augmented doom loop for Europe


Stay Ahead of the Market
Receive posts right to your in box.
Wednesday, September 27, 2023
Tuesday, September 26, 2023
Monday, September 25, 2023
Sunday, September 24, 2023
Saturday, September 23, 2023
Friday, September 22, 2023
Thursday, September 21, 2023
Wednesday, September 20, 2023
Double your ounces without investing another dollar!