Friday, June 26, 2015

Friday's News Links

[Bloomberg] Chinese Stocks Tumble as Morgan Stanley Says Don’t Buy the Dip

[Bloomberg] Chinese Stock Plunge Leaves State Media Speechless

[Bloomberg] China Investors Get That Greater Fool Feeling as Selloff Deepens

[Bloomberg] Greece’s Creditors Propose $17.3 Billion Package to End Standoff

[UK Guardian] Greece crisis - Merkel says Eurogroup talks will be decisive on Saturday

[Reuters] Merkel, Hollande dangle financing before Greece's Tsipras

[Bloomberg] Merkel Says Weekend Talks on Greece ‘Decisive’ as Time Runs Out

[Bloomberg] ECB Said to Leave Greek-Bank Emergency Liquidity Unchanged

[Reuters] Germany's Schaeuble says sees 50:50 chance of reaching Greek deal

[Bloomberg] Schaeuble Says the Greater Risk of the Greece Crisis Is Euro Credibility

[Reuters] Some Say Back to the Drachma for a Greek Reboot

[NYT, Stewart] If Greece Defaults, Imagine Argentina, but Much Worse

[Reuters] IMF to Fed: Drop the dots

[Bloomberg] The S&P 500 P/E Ratio Is 19, Unless It’s Actually 27

[Bloomberg] Japan’s Economy to Grind to a Halt in 2nd Quarter, JPMorgan Says

[Bloomberg] Ukraine Repeating Default Threat Shows Deadlock Far From Over

[Economic Times] Five reasons why Shanghai Composite cracked 7% today, is down 19% in 9 days 

[Washington Post] As Iran nuclear talks near completion, the issues get ‘tougher and tougher’

[Reuters] Putin out to seize control of Ukraine, says Kiev defense chief

[Reuters] Russia 'playing with fire' with nuclear saber-rattling: Pentagon