Friday's News Links

[Bloomberg] Stock Rally Fizzles After Fischer’s Hawkish Remarks; Bonds Fall

[Bloomberg] Yellen Says Rate-Hike Case ‘Has Strengthened in Recent Months’

[Bloomberg] Janet Yellen’s Jackson Hole Speech, Annotated

[Bloomberg] Asian Stocks Drop as Investors Avoid Risk Before Yellen Speech

[Bloomberg] Emerging Currencies Decline for Second Week Before Yellen Speech

[Bloomberg] Economy in U.S. Grew at 1.1% Rate, Slower Than First Estimated

[Reuters] Schooled in the short run, central banks struggle with a long-term role

[Bloomberg] China Tightening Risk Seen Looming as Bonds, Property Surge

[Bloomberg] Japan’s CPI Falls for 5th Month, Raising Pressure on Kuroda

[Bloomberg] Swedish Debt Office Says Central Bank Is Nearing Limit of QE

[WSJ] Oil Slide Lifts Corporate Defaults to Seven Year High

[WSJ] Equity in Startups Is Losing Appeal

[NYT] Tensions Rise Between Iran and U.S. in Persian Gulf

Thursday Evening Links

[Reuters] As central bankers gather, some at Fed make interest rate rise case

[Reuters] August U.S. auto sales seen down 5.2 percent; 2015 was peak: forecasters

[WSJ] Puerto Rico’s Pensions: $2 Billion in Assets, $45 Billion in Liabilities

Thursday Afternoon Links

[Bloomberg] Stocks, Bonds, Dollar Run Out of Steam Before Yellen’s Speech

[WSJ, Hilsenrath] Years of Fed Missteps Fueled Disillusion With the Economy and Washington

[CNBC] Deutsche CEO: Negative rates have 'fatal consequences'

[Bloomberg] There's Basically No Alternative to U.S. Corporate Bonds Right Now