MARKET NEWS / CREDIT BUBBLE DAILY

Wednesday, July 13, 2022

MARKET NEWS / CREDIT BUBBLE DAILY
Wednesday, July 13, 2022
Doug Noland Posted on July 13, 2022

[Yahoo/Bloomberg] Stocks Sink as CPI Shocker Bolsters Fed Hike Bets: Markets Wrap

[Reuters] Euro falls below parity vs dollar for first time in two decades

[Yahoo/Bloomberg] Oil’s Volatile Week Rolls On After US Inflation Surges Again

[Yahoo/Bloomberg] US Inflation Accelerates to 9.1%, Once Again Exceeding Forecasts

[AP] US inflation reached a new 40-year high in June of 9.1%

[CNBC] Demand for big mortgages is shrinking as home prices moderate and expensive houses linger on the market

[Yahoo/Bloomberg] New Zealand Hikes Rate By Half-Point, Signals More Tightening

[Yahoo/Bloomberg] Bank of Korea Joins Jumbo Hikers as Inflation Fight Heats Up

[AP] US, allies aim to cap Russian oil prices to hinder invasion

[Politico] How Yellen plans to deplete Putin’s war funds

[Reuters] China’s exports bounce back, but global risks darken trade outlook

[AP] Sri Lankan president flees the country amid economic crisis

[Yahoo/Bloomberg] Chinese Homebuyers Across 22 Cities Refuse to Pay Mortgages

[Yahoo/Bloomberg] Heatwave in Southern China Strains Power Grid, Threatens Crops

[Reuters] Chinese cities break heat records, weather extremes to persist

[Reuters] U.S. Ronald Reagan carrier strike group operating in South China Sea

[Bloomberg] Venture Capitalists Face a Reckoning as Funding and Deals Slow

[Bloomberg] China’s Plunging Markets Flash Fresh Warning Signs on Economy

[WSJ] Hopes of Covid-19 Reprieve Fade as BA.5 Subvariant Takes Over

[FT] Inside Celsius: how one of crypto’s biggest lenders ground to a halt

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