Wednesday, November 24, 2021

Wednesday, November 24, 2021
Doug Noland Posted on November 23, 2021

[Yahoo/Bloomberg] U.S Stocks Fall Amid Earnings Misses, Covid Angst: Markets Wrap

[Yahoo/Bloomberg] Oil Steadies as Global Release of Strategic Reserves Underwhelms

[Reuters] Euro falls to July 2020 lows as Germany’s business morale darkens

[Yahoo/Bloomberg] Turkish Lira Takes Breather From Worst Losing Streak in 20 Years

[CNBC] Weekly jobless claims post stunning decline to 199,000, the lowest level since 1969

[CNBC] Unusual holiday home-buying surge pushes mortgage demand higher

[Yahoo/Bloomberg] U.S. Capital Goods Orders Increase by More Than Forecast

[Yahoo/Bloomberg] U.S. Pump Prices Are Highest Since 2012 for Thanksgiving

[Reuters] Explainer: What is happening with U.S. gasoline prices?

[CNBC] Not since Americans came home from World War II has inflation run through the economy like it is now

[Reuters] Fertilizer shortage may lead to spring scramble on North America’s farms

[Yahoo/Bloomberg] Surging Inflation Is Forcing Big Investors to Recalibrate Their Strategies

[Yahoo/Bloomberg] New Zealand Raises Rates Again as Price Pressures Mount

[Reuters] China urges more banking support to self-reliant industries, supply chains

[AP] It’s not just Peng. China is cracking down on MeToo movement

[CNBC] Olaf Scholz replaces outgoing German chancellor Angela Merkel as a new center-left coalition is announced

[Yahoo/Bloomberg] German Business Confidence Slumps as Virus Threatens Rebound

[CNBC] Germany considers a full Covid lockdown and mandatory vaccines

[Reuters] U.S. invites Taiwan to its democracy summit; China angered

[Reuters] JPMorgan’s Dimon says he regrets China Communist Party comment

[Yahoo/Bloomberg] Erdogan’s Lira Experiment Tests His Grip on Turkey

[Reuters] Russia and Ukraine both step up military alert with combat drills

[Bloomberg] Biden Includes Taiwan Among 110 Invitees to Democracy Summit

[Bloomberg] China’s Economy Czar Liu He Calls For Stable Housing Market

[Bloomberg] China Demands an End to ‘Malicious Hype’ of Peng Shuai Case

[WSJ] More Chips Will Be Made in America Amid a Global Spending Surge

[FT] US braces for ‘fifth wave’ of Covid on eve of Thanksgiving

[FT] What the lira collapse means for Turkey’s economy

[FT] Turkey’s lira plunge is a reminder of risks facing emerging markets

[FT] Brussels warns Italy to rein in government spending growth

[FT] Nuclear fusion: why the race to harness the power of the sun just sped up

[FT] Tennis star’s assault claim forces west to rethink its China approach

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