Friday, April 21, 2017

Friday Evening Links

[Bloomberg] U.S. Stocks End Two-Week Losing Streak as Industrials Rally

[Reuters] "Liquidity supernova" keeping markets afloat, Europe in demand - BAML

[Bloomberg] Trump Plan Said Unlikely to Back Ryan's Border-Adjusted Tax

[Bloomberg] Sales of Existing U.S. Homes Rise to Fastest Pace in a Decade

[Reuters] Fitch cuts Italy's debt rating; cites weak growth, political risk

[Bloomberg] Fannie-Freddie Overhaul Is 'Very Important' Goal, Mnuchin Says

[Bloomberg] Quants Fire Back at Paul Tudor Jones After His Attack on Risk Parity

[Reuters] Security dominates French election after shooting

[WSJ] Brick-and-Mortar Stores Are Shuttering at a Record Pace

[WSJ] Too Many Questions on Too Big to Fail

[NYT] I.M.F. Torn Over Whether or Not to Bail Out Greece Again

[NYT] Regulators Worry Banks Are Too Big to Fail. The Markets Don’t.

Friday's News Links

[Bloomberg] U.S. Stocks Mixed as Euro Slips Before French Vote: Markets Wrap

[Bloomberg] China Stocks Head for 2017's Worst Week Amid Crackdown Concerns

[Bloomberg] Ignore China's Credit Risks at Your Peril, Says Top Bond Manager

[Bloomberg] Mnuchin’s Talk of Tax Plan ‘Soon’ Stirs Markets and Skeptics

[Reuters] Trump tax plan to rely on future U.S. growth to fund cuts: officials

[Bloomberg] Fed Intensifies Balance-Sheet Discussions With Market Players

[Reuters] Euro zone economy races into second-quarter with bumper growth: PMI

[Bloomberg] Traders Are Losing Faith in European Banks as Earnings Loom

[Bloomberg] Paul Tudor Jones Says U.S. Stocks Should 'Terrify' Janet Yellen

[Reuters] China's rising debt poses biggest risk to economy - former finance minister

[Bloomberg] China Said to Crack Down on Property Financing Through Trusts

[Washington Post] Trump’s threat of steel tariffs heralds big changes in trade policy

[NYT] Trump Roars Again on Trade, Reviewing Steel and Chiding Canada

[WSJ] White House Banks On Sweeping Tax Plan

[WSJ] Trump Administration Launches National-Security Probe on Steel Imports

[WSJ] China’s Stock Markets Dive in Anti-Speculation Drive

[FT] Reflation trade doubts look overdone

[FT] Investors push back against leveraged loans as reflation trade ebbs