What I Am Reading
Thursday, May 26, 2022
Markets
Global
Central banks
- Fed minutes point to more rate hikes that go further than the market anticipatesCNBC
- Fed embraces 50-basis-point rate hikes in June, July to curb 'very high' inflationReuters
- Fed Minutes Show Urgency for Raising Rates to Tame High InflationWall Street Journal
- ECB Signals Delayed Bond Runoff, Diverging From FedWall Street Journal
- Kansas City Fed Leader Esther George to Retire in JanuaryWall Street Journal
US
- CBO boosts U.S. GDP growth estimates, says inflation has topped and will cool to 2% by 2024CNBC
- Natural gas surges above $9, hits the highest since 2008 as inventories stay lowCNBC
- Orders for Long-Lasting Goods Rose Modestly in AprilWall Street Journal
- The lack of small-dollar mortgages is preventing Americans from purchasing affordable homesCNBC
- A major cause of inflation may have peaked; that’s good news for consumers but bad news for trucking companies
- Why Has the Inflation Calculation Changed Over Time?New York Times
China
- China’s economy in battle to keep growing, says premierFinancial Times
- China’s Top Two Leaders Diverge in Messaging on Covid ImpactWall Street Journal
- China’s Covid-19 Lockdowns Hurt Sales of Starbucks Coffee, Adidas SneakersWall Street Journal
- Shanghai Scientists Have Adapted to Regime PrioritiesBrownstone
Geopolitics & trade
- Russia’s Absence at Davos Marks Unraveling of GlobalizationWall Street Journal
- The Middle East’s Indifference to Ukraine Is a WarningCSIS
- Iran Used Secret U.N. Records to Evade Nuclear ProbesWall Street Journal
Industries & companies
Climate & sustainability
- Ukraine War Threatens Transition to Cleaner Energy, Leaders Warn at DavosWall Street Journal
- Don’t write off coal. We need it to ensure power grid reliabilityThe Hill
- The plant-based future of food doesn’t always taste that greatVox
- SEC unveils rules to prevent misleading claims and enhance disclosures by ESG fundsCNBC
Beyond markets
- Why Isn’t New Technology Making Us More Productive?New York Times