Monday's News Links

[Bloomberg] Consumer Spending Stalled in April as Americans Saved More

[Reuters] China's key stock index posts biggest one-day rise in 2 1/2 yrs

[Reuters] Asia shares pare losses as China markets rally

[Reuters] S.Korea airline shares fall, drugmakers rise on MERS scare

[CNBC] Greek PM slams creditors in 'defiant' tirade

[Bloomberg] How Greek Capital Controls Would Work If Deadlock Persists: Q&A

[Reuters] Fed's Fischer warns against complacency on financial crisis risks

[Bloomberg] Everyone's Been Worried About Liquidity in the Wrong Bond Market

[Bloomberg] Bond Dealers Enfeebled as Liquidity Woes Boost Derivatives

[CNBC] Rate hike needed to pop bubbles: Robert Shiller

[Reuters] China's factories slow to respond to stimulus, South Korea exports dive

[Bloomberg] China Considers Doubling Its Local Bond-Swap Program

[Bloomberg] Two Years Into the BOJ's Bold Bet: Here's What's Happening

[Bloomberg] Australia’s Treasury Says Sydney Is 'Unequivocally' in a Housing Bubble

[Bloomberg] Ukraine Seen Prevailing in Creditor Showdown Over Debt Write-Off

[Bloomberg] INSIDE CHINA: Bonds Fall; Goldman Sees Further Loosening

[BBC] Ashton Carter: US will play 'pivotal' role in Asia

[Reuters] Italy's Renzi stumbles in local elections

[Greece] Prime Minister Alexis Tsipras’ article in Le Monde newspaper: Europe at crossroads