Friday, September 23, 2016

Friday Afternoon Links

[Bloomberg] Stock Rally Fizzles as Traders Waver After Euphoria; Oil Tumbles

[Bloomberg] Oil Tumbles as Saudis Said to See Algiers Talks as Consultation

[CNBC] China’s toxic debt pile may be 10 times official estimates: Fitch

[UK Telegraph] Fitch reveals the $2trillion black hole in China's economy that heralds a lost decade

[Bloomberg] Turkey Cut to Junk as Moody’s Concludes Its Post-Coup Review

Friday's News Links

[Bloomberg] Stocks, Bonds Fall as Fed-Driven Rally Fizzles; Dollar Rebounds

[Bloomberg] Asian Stocks Pare Weekly Gain Amid Dollar Rebound; Bonds Advance

[Bloomberg] China’s Shibor at Seven-Month High as Cost Spike Spreads Onshore

[Bloomberg] Monte Paschi Bonds Fall to Eight-Month Low on State Aid Report

[Reuters] Investors pull $7.4 billion from stocks funds, largest outflow in 12 weeks: BAML

[Bloomberg] Gold Sparkles as Central Bank Largesse Burnishes Investor Demand

[CNBC] Euro zone business growth hits 20-month low, Germany loses momentum

[Reuters] ECB policymakers say rates near bottom even if recovery is disappointing

[Bloomberg] Kuroda’s Quest to Control Yields Undermined as Long Bonds Jump

[Bloomberg] Bond Bulls Curb Their Enthusiasm in China’s Leverage Crackdown

[AP] A look at the EU-US trade talks and why they're faltering

[Bloomberg] China Starts Default-Swap Trading as Buffer Against Failures

[CNBC] Russia’s central bank criticizes the easy money policies of its peers

[WSJ] How Bond Yields Got This Low

[Bloomberg] Anxiety Spikes Among G-20, An Analysis of UN Speeches Shows