What I Am Reading
Thursday, June 23, 2022
Markets
- Cramer says a ‘bull market within a bear market’ situation is possible if these 6 things happenCNBC
- Russia’s ruble is at its strongest level in 7 years despite massive sanctions. Here’s whyCNBC
- Facebook, Netflix and PayPal Are Value Stocks NowWall Street Journal
- Putin signs decree on new scheme to service Eurobonds as default loomsReuters
Global
Central banks
- Fed Chair Jerome Powell Says Higher Interest Rates Could Cause a RecessionWall Street Journal
- Fed’s Jerome Powell to Head to the House With Interest Rates in FocusWall Street Journal
Energy
- Germany triggers ‘alert level’ of emergency gas plan, sees high risk of long-term supply shortagesCNBC
- Germany triggers gas alarm stage, accuses Russia of 'economic attack'Reuters
- Biden calls on Congress to suspend the gas tax — Here’s what that means for prices at the pumpCNBC
- U.S. oil refiners to meet Biden officials in high-stakes price talksReuters
- Biden administration leans on Tesla for guidance in renewable fuel policy reformReuters
US
- Immigration Coverage Is Newest Benefit From Some CompaniesWall Street Journal
Europe
- Europe’s Economy Slows Sharply as Recession Risks GrowWall Street Journal
- France’s Emmanuel Macron Calls for Compromise After Losing Majority in ParliamentWall Street Journal
- Britain’s Inflation Crisis Deepens, Fueling Strike ActionWall Street Journal
China
Geopolitics & trade
- Ukraine takes tentative step toward EU membership as Donbas battles reach 'fearsome climax'Reuters
- Why Ukraine’s Snake Island Is Key to Russia’s Strategy in the WarWall Street Journal
- Russia Hits Grain Terminals in Latest Attack on Ukraine’s Food InfrastructureWall Street Journal
- Isolated Putin says trade with China and India is increasingCNBC
- Russian oil tankers get India safety cover via Dubai companyReuters
Industries & companies
- Airlines:American Airlines to stop flying to four small cities, citing pilot shortageCNBC
- Communications Services:Mark Zuckerberg envisions a billion people in the metaverseCNBC
- Retail:The retail industry is facing a potential wave of bankruptcies – here’s whyCNBC
- Retail:Nike to fully exit Russia, will scale down over coming monthsReuters
Corporate finance
- Chinese Battery Giant CATL Raises $6.7 Billion in Share SaleWall Street Journal