Morning News: June 30, 2023

China’s Economic Woes Are Multiplying — and Xi Jinping Has No Easy Fix

What Wagner’s Russian Mutiny Means for Putin and the World

Billionaire in Erdogan’s Shadow Thrives From Turkey’s Gold Trade

Eurozone Inflation Slows, but Underlying Price Pressures Persist

The End of LIBOR Is (Finally) Here

Jerome Powell Says Next Phase of Rate Rises Will Be Harder to Predict

SEC Chair Gensler Must Recuse Himself From Crypto Enforcement Decisions

American States Once Awash In Cash See Their Fortunes Suddenly Reversed

Wall St. Foresees a Rosy 6 Months. Corporate America Isn’t So Sure

Allianz Says Pimco Flows ‘Shaky’ as Investors Assess Rates

Scaramucci Says AI Stocks Are a Bubble But Buy Them Anyway

Apple Eyes Historic $3 Trillion Valuation Amid Big Tech Surge

TikTok Dangles Zero Seller Fees Ahead of US Marketplace Debut

You Should Be Getting Paid to Prevent Heat Wave Power Outages

New Mexico Regulators Fine Oil Producer $40 Million for Burning Off Vast Amounts of Natural Gas

Elite US Colleges Lose Diversity ‘Shortcut’ After Affirmative Action Ruling

Nike Increased Prices Along With Everyone Else and Now Discounts Are Mounting

Shein Flew Influencers to China to Help Its Image. A Backlash Ensued

The Summer of ‘Barbie’ Has Only Just Begun

Grimace Shake Trend Mixes Horror with McDonald’s Mascot on TikTok

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Posted by on June 30th, 2023 at 6:15 am


The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.