Morning News: June 5, 2023

Saudi Arabia’s ‘Whatever It Takes’ Strategy Boosts Oil Prices

Why the U.S. Remains Far From Recession

Biden Debt-Bill Signing Set to Unleash Tsunami of US Debt Sales

IMF Chief Says There’s No Significant Slowdown in Lending and the Fed May Need to Do More

Fed Skip-a-Hike Strategy Is Sensible, Risky and Confusing

Countdown to Mega Merger – How Credit Suisse Wobbled and UBS Rushed to Rescue

Morgan Stanley Expects a Shock 16% US Profit Drop to Kill Rally

Private Credit is Poised for a Multi-Trillion-Dollar Boom, But It Could Get Ugly Soon

Hedge Funds Drop European Stocks for US and Japan

A Wall Street Titan Scores One of the Best Real Estate Trades Ever

A $1.5 Trillion Backstop for Homebuyers Props Up Banks Instead

Big Banks Could Face 20% Rise in Capital Requirements

The Slow-Motion Trainwreck Everyone Sees Coming

Apple Set for Record High Ahead of Mixed-Reality Headset Launch

Twitter’s U.S. Ad Sales Plunge 59% as Woes Continue

Elon Musk Is All About the Nonstop Grind. And He Can’t Stop Talking About It.

West Coast States Rode the Tech Boom. Now They Face High Unemployment, Falling Wages.

The Big Number: 49%

Retailers Are Shrinking Logistics Operations in a Changing Consumer Market

IATA’s Walsh Sees Good Year for Airlines Despite Challenges

American Airlines’ Radical Plan to Reinvent Business Travel

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Posted by on June 5th, 2023 at 7:06 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.