Daily News Links

8387 posts

Sunday, December 23, 2018

General

• Treasury Secretary Mnuchin moves to quell firestorm, says Trump never suggested firing Fed Chairman Powell despite ‘absolute terrible’ policy
  CNBC
• US government shutdown appears set to continue until Thursday as fight over Trump’s border wall stalls spending talks
  CNBC
• Tough Year for Treasuries Ends With $131 Billion Auction Blitz
  BloombergQ
• China says it held second vice ministerial call with U.S. on trade
  Reuters
• Oil producers to have extra meeting if output cuts 'not enough': UAE
  Reuters
• U.S. shale producers hit the brakes on 2019 spending
  Reuters
• Italy's 2019 budget wins Senate approval amid outcry
  Reuters
• Trump Administration Warns Shutdown Could Last Into January
  WSJ
• Trump Won’t Try to Fire Fed Chairman Powell, Treasury Secretary Says
  WSJ
• Once Hot Housing Market Likely to Cool Further in 2019
  WSJ
• US shale’s financial blanket at risk of wearing thin in 2019
  FT

Saturday, December 22, 2018

General

• Trump Discusses Firing Fed's Powell After Latest Rate Hike, Sources Say
  BloombergQ
• Wall Street’s view on Trump’s talk of firing Fed Chair Jerome Powell: ‘Utter madness’
  CNBC
• Trump has discussed firing Federal Reserve chairman Powell: Bloomberg
  Reuters
• Trump cannot fire Fed Chairman Powell: Morgan Stanley
  CNBC
• US government shutdown continues as fight over Trump’s border wall stalls spending talks
  CNBC
• U.S. government partially shut down in fight over Trump's border wall
  Reuters
• White House adviser says deal with China difficult without deep policy changes
  Reuters
• China's state planner head says to boost support for economy
  Reuters
• Russian fighter jets land in Crimea amid Ukraine tensions
  Reuters
• U.S. Government Shuts Down Over Border Wall Funding
  WSJ

Friday, December 21, 2018

Evening

• Stock Sell-Off Deepens on D.C. Chaos; Tech Sinks: Markets Wrap
  BloombergQ
• US crude ends the week down 11% at $45.59 for worst performance since January 2016
  CNBC
• Wall St. hits fresh year-lows on threat of government shutdown, slowing growth
  Reuters
• U.S. junk bonds lower again after worst day since 2016
  Reuters
• Banks Stuck With $1.6 Billion of Unsold Loans Amid Market Rout
  BloombergQ
• GOP senators reject Trump proposal to go 'nuclear' on wall
  The Hill
• Investors Unload the Biggest Junk-Bond ETFs as Market Nosedives
  BloombergQ
• Demand for apartment rentals surges unexpectedly as home sales slump
  CNBC
• Top Official Says the Fed Will Adjust if the Economy Weakens
  NYT
• Global Chaos Makes Gold a Holiday Winner for Hedge Funds
  BloombergSub

General

• NY Fed President John Williams says the Fed could re-evaluate view in 2019 — stocks jump
  CNBC
• Williams says Fed policy views could change, listening to markets
  Reuters
• Corporate bond issuance shrinks to 7-year low as selloff deepens
  Reuters
• US economy grew at 3.4% rate in the third quarter
  AP
• US durable goods orders rose 0.8% in November, led by defense spending
  AP
• U.S. consumer spending increases solidly; wage growth tepid
  Reuters
• Trump promises a ‘very long’ government shutdown as the Senate is set to reject border wall money
  CNBC
• Powell Discovers Juggling Three Fed Communication Tools Is Hard
  BloombergQ
• El-Erian: Fed chief Jerome Powell is trying to break the market’s central bank ‘co-dependence’
  CNBC
• China Pledges More Stimulus in 2019 as Economy Seeks Bottom
  BloombergQ
• Japan's slowing consumer inflation piles pressure on BOJ
  Reuters
• China denies 'slanderous' economic espionage charges from U.S., allies
  Reuters
• U.S. allies in Asia-Pacific region rattled after Mattis quits
  Reuters
• Trump Pledges Long Government Shutdown Without Border-Wall Funding
  WSJ
• China to Step Up Efforts to Halt Economic Downturn Amid Trade Tussle
  WSJ
• Loan funds suffer record outflows
  FT
• Quant investors face test of faith in 2019
  FT

Thursday, December 20, 2018

Evening

• Dow drops 470 points to 14-month low in second day of big losses following Fed rate hike
  CNBC
• Gold jumps 1 pct as Fed stance compounds growth worries
  Reuters
• US crude tumbles 4.8% to 17-month low, settling at $45.88, as stock market slides
  CNBC
• Shutdown talks collapse: Trump won’t sign spending bill without wall money
  CNBC
• House passes spending bill with border wall money — setting up shutdown stalemate with Senate
  CNBC
• Defense Secretary James Mattis is quitting because he doesn’t agree with Trump
  CNBC
• U.S. stock funds set for most monthly withdrawals on record: Lipper
  Reuters
• Trump Hardens Border Wall Demands as Shutdown Deadline Nears
  BloombergQ
• Justice Department charges Chinese nationals in ‘extensive’ global hacking campaign
  CNBC
• ETFs, major supporter of U.S. stock market, stop buying the dip
  Reuters
• Mexico central bank hikes interest rate by 25 basis points
  Reuters
• Investors Are in Retreat, and the Poorest Countries Are Paying for It
  NYT
• U.S. Charges China Intelligence Officers Over Hacking
  WSJ

General

• Weak earnings add to Wall Street's Fed-triggered slide
  Reuters
• Gold jumps 1 pct as dollar slides, stocks tumble after Fed
  Reuters
• World stocks suffer as Fed heightens recession fears
  Reuters
• Oil slumps 4% to lowest in a year as stock markets sink
  Reuters
• After Fed selloff, is a U.S. bear market next?
  Reuters
• Powell says he doesn’t see Fed changing its strategy for shrinking the balance sheet
  CNBC
• Powell Enters Era of Rate-Hike Caution as Growth Headwinds Mount
  BloombergQ
• BoE says Brexit jitters worsen, sees inflation below target
  Reuters
• British ministers split over next Brexit steps if PM's deal fails
  Reuters
• El-Erian: Fed’s No-Win: Balancing Growth and Market Fragility
  BloombergQ
• North Korea media says denuclearization includes ending 'U.S. nuclear threat'
  Reuters
• Russia's Putin accuses U.S. of raising risk of nuclear war
  Reuters
• Global Trade Tensions Boil Over at Staid W.T.O. Forum
  NYT
• Powell to Markets: Take That
  WSJ
• China’s Reform Without Opening
  WSJ
• US market slide underscores challenge facing Federal Reserve
  FT
• The new era of US-China decoupling
  FT
• US warns of Chinese influence at multilateral lenders
  FT
• Washington plans new move targeting China ‘economic aggression’
  FT
• Italy budget truce fails to address economy’s long-term faults
  FT

Wednesday, December 19, 2018

Evening

• Wall St. turns negative after Fed press conference
  Reuters
• Fed raises interest rates, sees 'some further' hikes ahead
  Reuters
• Fed makes key adjustment in effort to keep rates in line
  CNBC
• Here’s what changed in the new Fed statement
  CNBC
• Fed now sees just 2 rate hikes in 2019
  CNBC
• Fed Raises Rates, but Signals Slightly Milder Path of Future Increases
  WSJ

General

• Stocks Rise Before Fed Decision; Treasuries Steady: Markets Wrap
  BloombergQ
• Fed Seen Making Dovish Hike With 2019 Pause: Decision Day Guide
  BloombergQ
• Fed expected to raise rates, may signal fewer hikes ahead
  Reuters
• U.S. current account widens; companies bring home piles of cash
  Reuters
• U.S. existing home sales unexpectedly rise in November
  Reuters
• Italy reaches budget breakthrough after the EU initially rejected its 2019 spending plans
  CNBC
• Japan exports slow to crawl on global slowdown, trade tensions
  Reuters
• Stock buybacks hit a record $1.1 trillion, and the year’s not over
  CNBC
• Mnuchin Hints at Fannie-Freddie Changes to End U.S. Control
  BloombergQ
• Weekly mortgage applications fall 5.8% as stock market plunge unnerves potential buyers
  CNBC
• Citigroup Faces $180 Million Loss on Loan to Asia Fund
  BloombergQ
• Thailand Central Bank Delivers First Rate Hike Since 2011
  BloombergQ
• India’s Shadow-Bank Risks Put China in the Shade
  BloombergQ
• Fed Set to Raise Rates, Signal Slower Pace of Increases
  WSJ
• U.S. Cities Look to Shed Ratings While Taking On More Debt
  WSJ
• Sears Bankruptcy Battle Tests Swaps Market
  WSJ
• Fed’s Powell under pressure over rate rises
  FT
• Hedge funds showing signs of caution towards US equities
  FT

Tuesday, December 18, 2018

Evening

• Asia tenses for Fed call, oil slide boosts bonds
  Reuters
• S&P flat as government shutdown threat, Fed decision loom
  Reuters
• Oil sinks 5% to 15-month low as US and Russian output rises amid signs of faltering demand
  CNBC
• Treasury's Mnuchin says expects January trade talks with China: Bloomberg
  Reuters
• White House suggests it could back down on $5 billion border wall demand
  CNBC
• Fed Hasn’t Seen This Much Intra-Meeting Equity Pain Since 2008
  BloombergQ
• Here Are 10 Macro Risks Keeping Morgan Stanley WM Awake at Night
  BloombergQ
• White House Signals Flexibility on Border-Wall Funding as Shutdown Looms
  WSJ
• Tech Unicorns Are Going Public at Near-Record Pace
  WSJ

General

• Tech stocks, upbeat earnings boost Wall Street; Fed in focus
  Reuters
• Trump and Congress barrel toward a Christmastime government shutdown with no resolution in sight
  CNBC
• U.S. housing starts rebound; single-family segment weak
  Reuters
• Trump pressures Fed before meeting, warns against 'another mistake'
  Reuters
• Xi calls for China to ‘stay the course’: No one is in a position to dictate reform to us
  CNBC
• China's U.S. Treasuries Holdings Tumble to Lowest Since May 2017
  BloombergQ
• China Mutual Fund Closures Hit Record on Shadow Banking Purge
  BloombergQ
• Japan cuts GDP, CPI forecasts on disasters and trade war
  Reuters
• Explainer - Brexit basics: What is Brexit and why does it matter?
  Reuters
• Chaos on French highways as 'yellow vests' torch toll booths
  Reuters
• Smaller Fed Moves Have Bigger Market Impacts
  WSJ
• Year of Living Dangerously With Friends and Foes
  WSJ
• Global investors make record shift into bonds
  FT
• El-Erian: A dovish hike by Fed will face a struggle to calm investor nerves
  FT

Monday, December 17, 2018

Evening

• Asian Stocks Slide as S&P 500 Hits 14-Month Low: Markets Wrap
  BloombergQ
• Wall St. tumbles, S&P closes at lowest level in 14 months
  Reuters
• Healthcare stocks fall as judge rules Obamacare unconstitutional
  Reuters
• Fed draws White House fire as it prepares to raise rates
  Reuters
• New York Fed Manufacturing Index Tumbles to Lowest in 19 Months
  BloombergQ
• China, Japan cut U.S. Treasury holdings in October -data
  Reuters
• Fed Faces Communication Challenge on Rates
  WSJ
• Trump Says It Is ‘Incredible’ Fed Is Considering Another Rate Increase
  WSJ
• It Was Easy for New Hedge Funds to Raise Money in 2018. Making It Was Harder
  WSJ
• Goldman Sachs Ignored 1MDB Warning Signs in Pursuit of Asian Business
  WSJ

General

• U.S. Stocks Pare Losses at Start of Fed Week: Markets Wrap
  BloombergQ
• Oil rallies but oversupply, economic growth weigh
  Reuters
• China trade steps seen as good start but leave core U.S. demands untouched
  Reuters
• U.S. banks quietly pull back from riskiest loans amid recession fears
  Reuters
• China says U.S. has brought back 'the ghost of unilateralism' to WTO
  Reuters
• EU blames U.S. for 'deep crisis' at WTO, criticizes U.S. trade curbs
  Reuters
• Trump again blasts Fed for 'even considering' rate hike
  Reuters
• Malaysia charges Goldman Sachs, ex-bankers in 1MDB probe
  Reuters
• China’s $856 Billion Startup Juggernaut Is Getting Stuck
  BloombergQ
• Das: The Bubble’s Losing Air. Get Ready for a Crisis
  BloombergQ
• China's Yuan Trading Likely to Get More Volatile, Goldman Says
  BloombergQ
• North Korea Tells U.S. That Sanctions, Pressure ‘Won’t Work’
  BloombergQ
• China Sees Bankruptcies Surge; Bondholders May Get Less Back
  BloombergSub
• Dollar Funding Risks for Foreign Banks Elude Easy Explanation
  BloombergSub
• Authers: A Financial Canary in a Coal Mine
  BloombergSub
• Don’t Count on the China Put
  WSJ

Evening

• Asia Stocks Set to Edge Lower After U.S. Drop: Markets Wrap
  BloombergQ
• Americans Turn More Pessimistic on Economy
  BloombergQ
• Recent market 'jolt' will be first of many as easy money era ends, says BIS
  Reuters
• The global stock market sell-off was ‘not an isolated event’ — expect more sharp falls next year
  CNBC
• China Confronts Its Eternal Dilemma
  BloombergQ
• US credit markets dry up as volatility rattles investors
  FT