25th August 2022
- Lockstep Markets Primed for All-or-Nothing Powell Sweepstake
Cross-asset correlation almost doubles as focus turns to macro
‘Risky assets face a reality check,’ Barclays strategists warn
https://blinks.bloomberg.com/news/stories/RH5BOTT0G1KW
- Stiglitz Says Rate Hikes That Are Too Steep May Worsen Inflation
Higher rates make solving supply snarls harder, he says
Companies, landlords may be passing on rising interest costs
https://blinks.bloomberg.com/news/stories/RH4ESVT1UM0X
- Biden Unveils Bid to Free Students From ‘Unsustainable Debt’
Progressives who sought higher debt forgiveness praised plan
Biden to pause repayments one final time through December 31
https://blinks.bloomberg.com/news/stories/RH4W2YT1UM0W
- Oil Holds Gains After US Exports Jump, Global Supply Tightens
Shipments of crude, refined products rose to record last week
WTI futures trade near $95 a barrel after two-day advance
https://blinks.bloomberg.com/news/stories/RH5SBJT1UM0Y
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