Wednesday’s links

  1. Loan losses at US banks hit $19bn as borrowers feel rate rise pain – FT
  2. China Slides Into Deflation as Prices Drop – Bloomberg
  3. Lure of sovereign wealth fuels hedge fund rush to Dubai – FT
  4. Biden to Restrict Investments in China, Citing National Security Threats – NYT
  5. Charts show what has Moody’s worried about regional banks – CNBC
  6. Washington Stages a Peacetime Fiscal Blowout – WSJ Opinion
  7. Banks’ Problems Aren’t Over, According to the Bond Market – WSJ
  8. Fuel inflation ‘whack-a-mole’ may complicate Fed’s job – MarketWatch