What I Am Reading
Tuesday, August 15, 2023
Markets
Global
- The Economic Losers in the New World OrderWall Street Journal
Central banks
US I
- Retail sales increased 0.7% in July, better than expected as consumer spending is holding upCNBC
- US Retail Sales Exceeded Forecast in July, Showing Resilient ConsumerBloomberg
- Shoppers Boost Retail Sales for Fourth Straight MonthWall Street Journal
- Opinion | How Economists Missed the Big DisinflationNew York Times
US II
China
- China Slashes Rates, Suspends Youth Jobless Data as Economy Signals Sharper DownturnWall Street Journal
- How much worse can China's economic slowdown get?Reuters
- China Turns to Well-Honed Playbook: Cut Rates, Hide DataWall Street Journal
- China Suspends Youth Unemployment ReportNew York Times
- Country Garden: Why Its Financial Crisis Poses a Risk to ChinaNew York Times
Japan
- Roaring Back From Pandemic, Japan’s Economy Grows at 6% RateNew York Times
- Japan’s Economy Grows at 6% Pace in Second QuarterWall Street Journal
Geopolitics & trade
- China Says Taiwanese Presidential Frontrunner Brings Risk of WarBloomberg
- China Will Hunt You DownWall Street Journal
Industries & companies
- Autos:Tesla launches cheaper versions of Model X and Model S electric carsCNBC
- Banks:Big Banks Are Supposed to Fail Without Causing Panics. Is That Even Possible?Wall Street Journal
- Banks:Fitch warns it may be forced to downgrade dozens of banksCNBC
- Media:Streamflation Is Here and Media Companies Are Betting You’ll Pay UpWall Street Journal
- Tech:Why the White House Went to Wall Street to Revive the U.S. Chips IndustryWall Street Journal
Corporate finance
Artificial Intelligence
Crypto
- A Crypto Mystery: Who Controls This Fast-Growing Stablecoin?Wall Street Journal