Thursday's News Links

[WSJ] As High-Yield Debt Reels, Mutual Fund Blocks Holders From Redeeming

[Bloomberg] Here's How Much the U.S. Middle Class Has Changed in 45 Years

[Reuters] Special Report: Buybacks enrich the bosses even when business sags

[Bloomberg]  Asian Stocks Extend Drop; Aussie Strengthens as Oil, Copper Gain

[Bloomberg] China Stocks Fall as Industrials Bear Brunt of Economic Concerns

[Bloomberg] Zuma Rattles South African Markets by Firing Nene as Risks Rise

[Reuters] As Fed tightening looms, big share repurchasers could be pressured

[Bloomberg] Corporate Bond Market Has Potential Emerging Risks, Finra Says

[CNBC] Chevron slashes budget by 24 pct to weather low oil prices

[CNBC] Massive insider selling spurs market concerns

[CNBC] Middle class Americans 'no longer majority'

[WSJ, Plosser] The Veneer of Consensus at the Fed

[WSJ] Is $50 Billion the Price of Repo Safety?

[WSJ] Energy Company Assets on the Block as Oil Plunge Bites

[Reuters] Mersch says 'very large majority' of ECB policymakers do not want more QE

[Bloomberg] China Billionaire Guo Guangchang Unreachable, Caixin Reports

[FT] Brazil’s troubles deepen with ratings blow

Wednesday Evening Links

[Bloomberg] Asian Stocks Decline as Jump in Yen Weighs on Japanese Exporters

[Bloomberg] Dividends Could Be the Next Victim of the Commodity Crunch

[Bloomberg] Rand Plunges as Zuma Fires Finance Minister in Shock Move

[Bloomberg] Wall Street Is Pricing Pipeline MLPs Like Half Will Cut Payouts

[Bloomberg] No One Knows How Messy the Fed Increase Could Get

[Bloomberg] Wall Street Lending Standards Remind Regulators of Crisis Run-Up

[Bloomberg] Emerging Markets Face Record Bond Tab as Fed Prepares Liftoff