Wednesday, May 11, 2022

Wednesday, May 11, 2022
Doug Noland Posted on May 10, 2022

[Yahoo/Bloomberg] Stocks Drop, Two-Year Yield Jumps After Hot CPI: Markets Wrap

[Yahoo/Bloomberg] Chinese Stocks Climb as Falling Covid Cases Boost Sentiment

[Reuters] Oil rises as Russia gas flow to Europe falls, EU Russian oil ban looms

[Reuters] Dollar hovers near two-decade high before inflation gauge

[AP] US, Western Europe fret over uncertain Ukraine war endgame

[Reuters] Russia’s Medvedev, Volodin lash out at U.S. aid to Ukraine

[Yahoo/Bloomberg] Ukraine Latest: ‘Hard Weeks’ Ahead as US Howitzers Are Deployed

[AP] US inflation hit 8.3% last month but slows from 40-year high

[Reuters] Average U.S. mortgage interest rate rises to 5.53%, applications up

[Reuters] Special Report: How Wall Street banks made a killing on SPAC craze

[Yahoo/Bloomberg] China Inflation Exceeds Forecasts as Lockdowns Roil Supplies

[Yahoo/Bloomberg] Developer Bonds Drop as Sunac Deadline Looms: Evergrande Update

[Reuters] China vehicle sales plunge 48% but EVs strong as BYD gains

[Reuters] Factbox: How PBOC might respond to China’s weakening yuan

[Reuters] China calls WHO chief ‘irresponsible’ for saying zero-COVID strategy ‘not sustainable’

[Yahoo/Bloomberg] Lagarde Joins ECB Officials Signaling July as Rate Liftoff

[Yahoo/Bloomberg] Europe Drafts $205 Billion Plan to Wean Itself Off Russian Fuels

[Reuters] China says warned U.S. warship as it transited Taiwan Strait

[Politico] First Black woman confirmed for Fed as central bank enters Biden era

[CNN] Sri Lanka protesters burn politicians’ homes as country plunges further into chaos

[Bloomberg] China Risks 1.6 Million Deaths in Virus ‘Tsunami’ If Covid Zero Is Abandoned: Study

[NYT] Fed Confronts Why It May Have Acted Too Slowly on Inflation

[WSJ] Stocks Turmoil Spreads to Junk Bonds, Hurts Deals

[FT] Who will pay to put Ukraine back together again?

[FT] China early-stage fundraising slides to lowest level since 2009

[FT] Toyota warns of ‘unprecedented’ rise in raw material prices

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