Tuesday's News Links

[Bloomberg] Stocks Fluctuate With Bonds as ECB Meeting Looms; Crude Retreats

[Reuters] Asia stocks bounce as risk appetite returns after Italy vote

[Bloomberg] Trade Deficit in U.S. Widened to a Four-Month High in October

[Reuters] Italy readying state bailout for Monte dei Paschi bank-sources

[FT/CNBC] Monte dei Paschi readied for state bailout after Renzi defeat

[Reuters] Italian minister, after talking to Renzi, sees new election likely in February

[Bloomberg] ECB Haunted by Ghost of Christmas Past as Stimulus Choice Nears

[Bloomberg] A Cheat Sheet on the Deglobalization of the Financial World

[Reuters] China's rising corporate leverage shows urgency of accelerating reforms: U.S. treasury official

[Bloomberg] Why China Can't Stop Capital Outflows

[CNBC] Traders count down to ECB, Fed meetings

[USAT] Exclusive: Tony Blair sees dangerous times ahead for Western democracies

[WSJ] For Europe’s Unity, 2017 Will Be a Year of Reckoning

[Reuters] Trump fires opening salvo in risky test of wills with Beijing

[WSJ] Harsh Political Winds Test Euro’s Stability and Future

[WSJ] In China, Trump-Style Infrastructure Partnerships Are Used to Hide Debt

[WSJ] Donald Trump’s Message Sparks Anger in China

[WSJ] Amid Rising Delinquencies, Auto Lenders Scaling Back Loans to Subprime Borrowers

[FT] What can be done to stop an Italian banking crisis?

[FT] Brazil uncertainty intensifies as Senate head suspended

[FT] Rapid rise of the ETFs sparks growing pains

Monday Evening Links

[Bloomberg] Asian Stocks to Join Post-Italy Vote Rally as Volatility Abates

[Reuters] Techs buoy S&P, Nasdaq; Goldman pushes Dow to record high

[Bloomberg] ECB Buys Record Amount of Debt as QE Frontloaded Before Holidays

[Bloomberg] Everything You Need to Know About Italy's Five Star Movement: QuickTake Q&A

[CNBC] 'Everybody loses': What an economic war between US and China would look like

[NYT] Matteo Renzi’s Loss in Italy Is Clear, but Who Are the Winners?

[Washington Post] Anti-immigrant, anti-euro populists gain ground in Italy as prime minister resigns