Thursday's News Links

[Bloomberg] Fed-Induced Dollar Rally Sinks Commodities as U.S. Stocks Drop

[Bloomberg] Peso Slumps 29% as Macri Propels Argentina Into New Currency Era

[Bloomberg] Thanks to Macri, Brazil's Real No Longer Worst Emerging Currency

[Bloomberg] Fed Struck by Boomerang Effect as Rate Move Boosts Long Bonds

[Reuters] Another 10 percent China FX slump could send markets spinning

[Bloomberg] China Ghost Town Developer to Avert Default as Xi Prevents Risks

[NYT] Governor of Puerto Rico Warns of Looming Default Without Bankruptcy Plan

[Bloomberg] There's Twice as Much Gas in Texas's Barnett Shale Than Thought

[AFP] Average Manhattan apartment now costs over $1 million: report

[NYT, Eavis] A Missed Opportunity of Ultra-Cheap Money

[FT] Discovering the destructive force of excess capital

[Bloomberg] China Summons U.S. Diplomat Over U.S Weapons Sale to Taiwan

[Bloomberg] Corruption Claims Roil Spain Election as Barcenas Promises Proof

Wednesday Evening Links

[Bloomberg] Era of Easy Money Lives on in World Economy Even After Fed Shift

[Bloomberg] This Junk Bond Derivative Index Is Saying Something Scary About Defaults

[Reuters] Brazil judge drops objection to Rousseff impeachment proceedings

[Bloomberg] Asia Won't Have a Yuan Anchor This Time, Unlike 1990s Crisis