29th September 2021
- Commodity Price Surge Deals Stagflationary Blow to World Economy
Crude pushed past $80 for the first time in three years
Rising prices have hit consumer sentiment in U.K. and U.S.
https://blinks.bloomberg.com/news/stories/R04WKHDWLU6E
- Oil Sinks as Climb in U.S. Stockpiles, Risk-Off Mood Check Rally
Investors shift away from risk assets on U.S. default concern
White House says it continues to talk with OPEC on oil markets
https://blinks.bloomberg.com/news/stories/R06G8ADWLU68
- Senate Democrats Ditch Effort to Link Funding Bill to Debt Limit
Measure won’t include debt ceiling, to avoid GOP opposition
Democrats seeking consent of all senators to act on measure
https://blinks.bloomberg.com/news/stories/R064K5DWRGG2
- Warren Cites Fear Over Another 2008 Meltdown in Opposing Powell
Senator became first Democrat to openly say no to Powell pick
Her opposition could mean a rockier path if Biden chooses him
https://blinks.bloomberg.com/news/stories/R05R21DWLU6D
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