MARKET NEWS / CREDIT BUBBLE DAILY

Wednesday, May 24, 2023

MARKET NEWS / CREDIT BUBBLE DAILY
Wednesday, May 24, 2023
Doug Noland Posted on May 24, 2023

[Yahoo/Bloomberg] U.S. Equities Down, Europe Stocks Sink Most in Two Months; Metals Drop: Markets Wrap

[Yahoo/Bloomberg] Chinese Stocks Wipe Out 2023 Gains as Headwinds Intensify

[Reuters] Oil prices up after bullish Saudi comments, falling U.S. stockpiles

[Reuters] White House, Republicans plan to convene on US debt ceiling as deadline looms

[MSN/WP] GOP unites in brinkmanship over default, rejecting Biden compromises

[Yahoo Finance] Debt-ceiling talks stall amid revolt from Kevin McCarthy’s right flank

[Yahoo/Bloomberg] Debt-Limit Talks Stall as Time Runs Short to Avert US Default

[AP] Debt ceiling talks stuck on classic problem: Republicans demand spending cuts and Democrats resist

[The Hill] McCarthy, Dems temper expectations on debt-ceiling deal

[Politico] House Republicans are dealmaking newbies — and that could be a problem

[Reuters] What US Treasury debt payments are at risk of default?

[Yahoo/Bloomberg] Debt-Limit Doomsday Clock: What June Looks Like for US Treasury

[CNBC] Mortgage demand drops again as rates cross back over 7%

[Reuters] Factbox: US-China tensions intensify over tech to Taiwan flashpoints

[Reuters] China says NATO’s plan for Japan office not welcomed in Asia-Pacific

[Reuters] Russia, China set to ink bilateral pacts despite Western criticism

[Yahoo/Bloomberg] Xi Says Russia, China Should Bolster Ties at Multilateral Groups

[Reuters] Exclusive: Chinese hackers attacked Kenyan government as debt strains grew

[Yahoo/Bloomberg] German Business Outlook Drops Amid Weak Factory Performance

[Yahoo/Bloomberg] New Zealand Signals Tightening Cycle Done After Raising Rate

[Yahoo/Bloomberg] Lula Lashes Out and Sends Warning to Central Bankers Everywhere

[WSJ] Freeze or Cut? Spending Fight Is Main Event in Debt-Ceiling Talks

[WSJ] As Pressure on Experts Rises, a Chinese Province Hits Back at Claims About Its Debt

[WSJ] It Just Had an Energy Crisis, Now Europe Faces a Food Shock

[FT] US debt ceiling fears shake stock and bond markets

[FT] Investors bet Fed will keep interest rates higher for longer

[FT] US regional banks swap $220bn in deposits to soothe insurance nerve

[FT] The new gold boom: how long can it last?

[FT] US reluctance on trade deals sends Latin America towards China

[FT] Chip wars with China risk ‘enormous damage’ to US tech, says Nvidia chief

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