What I Am Reading
Friday, June 17, 2022
Markets
- Dow Closes Below 30000 as Post-Fed Rally ReversesWall Street Journal
- Stock-Market Traders Coming to Grips With a Fed as Baffled as They AreBloomberg
- Bear Markets and Recessions Happen More Often Than You ThinkNew York Times
- US Junk-Bond Spreads Top 500 Basis Points in First Since 2020Bloomberg
- Oil Set for Weekly Loss as Traders Weigh Monetary TighteningBloomberg
Central banks
US
- U.S. Economic Growth Shows Signs of SlippingWall Street Journal
- President Biden says a recession is ‘not inevitable’CNBC
- Joe bummer: Biden says Americans ‘are really, really down’NY Post
- Rates on U.S. 30-year mortgages see biggest one-week increase since 1987Reuters
- Mortgage Rates Hit 5.78%, Highest Level Since 2008Wall Street Journal
- Mortgage Rate Increases Could Cut More Homebuyers Out of US Housing MarketBloomberg
- High U.S. Fuel Exports Are Contributing to $5-a-Gallon GasWall Street Journal
- Everyone knows inflation is on fire. Here's what's really fueling itCNBC
China
Europe
Geopolitics & trade
- Russia Slashes Gas Flows, Aiming Economic Weapon at EuropeWall Street Journal
- France, Germany, Italy, Romania Back Ukraine’s Bid for EU MembershipWall Street Journal
Industries & companies
- Airlines:Airline stocks tumble as economic concerns overshadow travel surgeCNBC
- Financials:U.S. banking stress indicator could worsen after Fed hikeReuters