What I Am Reading
Thursday, May 23, 2024
Markets
- Bonds’ Decades-Long Lead Over Gold Vanishes as Debt Worries GrowBloomberg
- Why Biden's almost 100% capital gains tax increase would crush the stock marketFOX
- China’s New Sovereign Bond Prices Go Haywire Amid Search for Safe AssetsWall Street Journal
- Crude oil prices today: WTI, Brent rise after three-day declineCNBC
- JPMorgan Says Hedge US Election Risk for Mexican ‘Super Peso’ With OptionsBloomberg
Central banks
- Improved business activity casts doubt over rate cutsReuters
- Bank of Korea Holds Rate Steady, Raises Growth ForecastWall Street Journal
- What Trump 2.0 Could Mean for the Federal ReserveNew York Times
US I
- US Business Activity: S&P Global PMI Rises in May, Prices Pick UpBloomberg
- JPM Dimon: Can't rule out U.S. hard landing, stagflation is worst outcomeCNBC
- US New-Home Sales Declined in April, Restrained by High RatesBloomberg
- Strong spending is obscuring an economy that isn’t working for many AmericansCNN
- Mellman: Diving deeper — The Trump economy vs. the Biden economyThe Hill
US II
Global
- Eurozone Rebound Continues Apace as Germany Powers Recovery, Surveys ShowWall Street Journal
- U.K. Utilities’ Shares Fall on Election News, National Grid Discounted FundraiseWall Street Journal
- Australian Flash PMI Points to Resilience in Economy, Stubborn InflationWall Street Journal
- South Korea Unveils $19 Billion Package for Chip IndustryWall Street Journal
- India Could Become Venezuela on the GangesWall Street Journal
- Singapore’s Economy on Track as Inflation Steadies, Trade ImprovesWall Street Journal
Geopolitics & trade
- Chinese Military Launches Drills Encircling Taiwan in Test of New PresidentWall Street Journal
Industries & companies
- Autos:Kia shrugs off slowing EV demand to launch compact electric SUVCNBC
- Chips:Nvidia Keeps Its Old Chips Selling HotWall Street Journal
- Pharma:Pfizer announces new cost cutting programCNBC