Tuesday, May 24, 2016

Tuesday Evening Links

[Reuters] Banks and tech drive Wall Street up over 1 percent

[Economist] Insurance In China:  Safe or Sorry?

[FT] Hedge funds: Overpriced, underperforming

Tuesday's News Links

[Bloomberg] Stocks Climb as Financial Shares Lead Gains; Dollar Strengthens

[Bloomberg] China Stocks Fall for First Time in Three Days as Trading Wanes

[Bloomberg] Japanese Stocks Decline, Led by Exporters as Yen Holds Gains

[Bloomberg] Turkey Central Bank Cuts Overnight Lending Rate to 9.5%

[Bloomberg] Emerging Currencies Drop on Fed Rate Bets as Turkish Stocks Jump

[Bloomberg] Rupee in Longest Losing Run Since 2007 as Fed Drives Funds Away

[Bloomberg] Why the Most Seductive Narrative About the Fed's Relationship With Markets Might be Off the Mark

[Bloomberg] New-Home Sales in U.S. Surge to Highest Level in Eight Years

[Bloomberg] PBOC Dropped Market-Based Yuan System in January, WSJ Says

[WSJ] A Rare Look Inside China’s Central Bank Shows Slackening Resolve to Revamp Yuan

[Bloomberg] Iron Ore’s Pivot From Boom to Gloom Puts $50 Level Back in View

[Bloomberg] Euro Area Confronts Greek Debt Spiral With IMF Demanding Action

[Bloomberg] ECB Warns of Financial Turmoil as Populism Adds to Asia Risks

[WSJ] ECB Warns Against Rise of Populism

[Bloomberg] Insurance Industry Is Falling Out of Love With Hedge Funds

[CNBC] Check out the $100 billion hedge fund, and the challengers to the throne

[Bloomberg] Ukrainian Troop Deaths at Highest in a Year as Fighting Surges

[Reuters] Japan, Canada share 'serious concerns' on South China Sea: PM Abe