Friday's News Links

[Bloomberg] Consumer Sentiment in U.S. Plunged in May by Most in Two Years

[Bloomberg] China Shares Fall Most in Asia on Concern IPOs to Drain Funds

[Reuters] U.S. dealmaking climbs 48 percent to highest levels since 2007

[Bloomberg] Citi: This is Why Wall Street is Hard-Wired to Produce Bubbles

[Bloomberg] Citi: Here Are the Asset Classes That Are the Most Bubbly

[Bloomberg] U.S. Nearer Next Recession Than Last Lacks Fed Insurance Policy

[Dow Jones] China Urges Banks to Continue Lending to Local-Government Financing Vehicles

[Bloomberg] This Chinese Developer Has 3 Days to Prove It’s Not Kaisa II

[Reuters] China central bank plays down liquidity injections for debt scheme

[Dow Jones] Kuroda Stresses Power of Monetary Bazooka

[Reuters] Ukraine's creditors must accept Kiev's debt proposals - Yatseniuk

[Reuters] U.S., China set for high-stakes rivalry in skies above South China Sea

[Reuters] Obama vows to 'stand by' Gulf allies amid concern over Iran threat

[Bloomberg] As Money Pours Into Peer-to-Peer Lending, Some See Bubble Brewing

[Bloomberg] Inside New York’s Newest Architectural Masterpiece for the Mega-Rich

[Bloomberg] Art Market Reaches New Milestone With $2.7 Billion Sales Frenzy

[Reuters] El Niño near-certain to last through summer: U.S. climate center