Thursday, May 26, 2016

Friday's News Links

[Bloomberg] Stocks Reach Three-Week High in Yellen Countdown as Oil Falls

[Bloomberg] California’s Recovery Loses Luster as Tax Increases Set to Lapse

[Bloomberg] Miami’s Condo Frenzy Ends With Inventory Piling Up in New Towers

[WSJ] Farm Belt Banks Tighten the Buckle

[Reuters] China April industrial profit growth slows from March

[MarketWatch] Earnings fall at fastest rate since the Great Recession

[NYT] North Korea Linked to Digital Attacks on Global Banks

[FT] Equity fund outflows surpass $100bn in year to date

Thursday Evening Links

[Bloomberg] Asian Stocks Rise Ahead of Yellen Speech as Japan Shares Advance

[Bloomberg] Japan CPI Falls 0.3%, Raising Pressure on BOJ for More Stimulus

[Bloomberg] Wall Street Waits for Yellen Before Taking Off for a Long Weekend

[Bloomberg] Companies Go on Worldwide Bond Bender With $230 Billion of Sales

[Bloomberg] China Says It Has Room to Increase Debt to Boost Economic Growth

[Reuters] Pentagon says China aircraft intercept violated 2015 agreement

Thursday's News Links

[Bloomberg] Oil Hits ‘Sweet Spot’ at $50, Boosting Stocks as Dollar Weakens

[Bloomberg] Saudi Arabia Probes Bank Currency Trades as Peg to Dollar Strains

[Reuters] U.S. levies hefty duties on Chinese corrosion-resistant steel

[Reuters] Exclusive: New York financial regulator gearing up to probe online lenders - source

[CNBC] Wells Fargo launches 3% down payment mortgage

[WSJ] Insurers Seek Big Premium Boosts

[FOX] Report: Japan PM Abe Warns of Lehman-Magnitude Crisis

[Bloomberg] One Year After Bubble Burst, China’s Stock Market Has Gone Quiet

[FT] Hedge funds: Overpriced, underperforming

[FT] Global conditions echo post-Lehman crisis, Abe warns G7

[Reuters] G7 agrees need strong message on South China Sea, China says don't 'hype'