Wednesday’s links

  1. Loan market braced for rush to Libor finish line – FT
  2. Hedge Funds Are Deploying ChatGPT to Handle All the Grunt Work – Bloomberg
  3. Falling German and French inflation lifts hopes of an end to eurozone rate rises – FT
  4. Commodity Crash Signals Disinflation Is Taking Hold for Now – Bloomberg
  5. A default wave is building, says Deutsche Bank – MarketWatch
  6. Where Is the U.S. Economy Headed? Follow the Money – WSJ
  7. ‘Domestic Offshoring’ Sends Low-Wage Jobs Out of Key US Cities – Bloomberg
  8. US mortgage demand drops to the lowest level in three months – CNBC
  9. Layoff Fear Is Sweeping the Economy. There’s Still Hope – Barron’s
  10. US Treasury yields dip as traders await debt-ceiling vote in House – MarketWatch
  11. Home Prices Rose in March for Second Straight Month – WSJ
  12. Magical Monetary Thinking at the Fed Killed SVB – Kelton and Wray *

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Tuesday’s links

  1. A Big U.S. Oil Refinery Could Go Up After a 50-Year Wait – Barron’s
  2. Investors expect higher interest rates as inflation pressures mount – FT
  3. Food price inflation is proving stubbornly persistent – FT Opinion
  4. Scapegoating the Short-Sellers – WSJ Opinion
  5. High Inflation Isn’t Entirely the Fed’s Fault – Bloomberg Opinion
  6. Inflation in Spain falls more than expected to 2.9% – FT
  7. Insuring All Deposits Wouldn’t Make Banking Safer – Bloomberg Opinion
  8. World Economy Needs to Get Its Growth Back – WSJ Opinion
  9. Not Buying Central Banks’ Favorite Excuse – Project Syndicate *
  10. Account: monetary technologies #1 – Daniel Neilson *

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Thursday’s links

  1. EU Blocks More Than €200 Billion in Russian Central Bank Assets – Bloomberg
  2. China keeps Putin waiting on Siberian gas pipeline – FT
  3. US Credit Rating at Risk of Fitch Cut on Debt-Limit Impasse – Bloomberg
  4. Federal officials were ‘less certain’ about need for more interest rate rises – FT
  5. Inside Wall Street’s Playbook to Prevent Debt-Ceiling Chaos – WSJ
  6. Boston Fed chief: interest-rate ‘pause’ may be close at hand – MarketWatch
  7. Why Even a Debt Ceiling Deal Could Be Bad News for the Stock Market – Barron’s
  8. The Yuxi Circle and the Drums of War – Pacemaker Global *

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Wednesday’s links

  1. Interest rates will be higher for longer to control prices – Financial Review
  2. The new gold boom: how long can it last? – FT
  3. Debt-Ceiling Fight Comes Down to Spending: Freeze or Cut? – WSJ
  4. Yellen: Treasury Pushing for Debt-Limit Deal, Not Prepping for Default – Bloomberg
  5. Why Inflation Erupted: Two Top Economists Have the Answer – Greg Ip in WSJ
  6. The Luxury Party in the US Is Over – Bloomberg Opinion
  7. Biden Has No Good Options in Debt-Ceiling Fight – WSJ
  8. IMF chief sees U.S. dollar remaining global reserve currency – MarketWatch

Thursday’s links

  1. Why investors are going gaga for gold – FT Opinion
  2. Wall Street Fears $1 Trillion Aftershock From Debt Deal – Bloomberg
  3. Why are central bank forecasts so wrong? – FT
  4. The True Cost of an Extended US Debt-Ceiling Standoff – Bloomberg BusinessWeek
  5. Yellen is ‘bluffing’ about government running out of money by early June – Market Insider
  6. Fed officials insist they plan to keep policy “higher for longer” – MarketWatch
  7. Fed’s Bullard suggests higher rates as ‘insurance’ against inflation – FT

Tuesday’s links

  1. Russian oil exports hit post-invasion high – FT
  2. US Households Show Signs of Stress as New Delinquencies Rise – Bloomberg
  3. Japan stock index hits 33-year high as investors warm to Tokyo story – FT
  4. Fed Officials See Rates Remaining High This Year – Barron’s
  5. Funds take record short positions across U.S. Treasuries curve – Reuters
  6. China wants to make the yuan the global currency – Washington Post
  7. USA is hurt by its debt ceiling theatre of the absurd – FT Opinion
  8. BNP: U.S. debt-ceiling suspension may present an upside risk for USD – MarketWatch
  9. Yellen warns of broken markets, other dangers, ramping up debt ceiling pressure – CNBC

Monday’s links

  1. How to end the US debt ceiling stand-off – FT Opinion
  2. Fed’s Bostic Says He Doesn’t See Rate Cuts Until 2024 – Bloomberg
  3. A ban on short selling is a bad idea – FT Opinion
  4. Debt Ceiling Dispute Raises the Risks for ‘Risk-Free’ U.S. Bonds – NYT
  5. China’s diplomatic push on Ukraine – Economist
  6. Fed faces a long battle to trim inflation to its 2% target – FT
  7. US Consumer debt passes $17 trillion for the first time – CNBC
  8. What’s Ahead for the Banks as the Dust Settles After Failures – Barron’s
  9. Jim Grant: ‘The Fed is problem No. 1 in American finance right now’ – MarketWatch
  10. The Fed and its Lowest Comfortable Level of Reserves (“LCLoR”) – Fed Guy *

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