Wednesday, May 3, 2017

Wednesday Evening Links

[Bloomberg] U.S. Stocks Slip in Copper Rout, Fed Boosts Dollar: Markets Wrap

[Bloomberg] Fed Refrains From Rate Hike While Maintaining Sunny Outlook

[Bloomberg] Service Industries in U.S. Grow at Faster Pace Than Forecast

[Bloomberg] Puerto Rico Files for Historic $70 Billion Debt Restructuring

[Bloomberg] Bernanke Questions Strategy and Timing of Trump Tax Cut Plans

[WSJ] Banks Pull Back on Car Loans as Used-Auto Prices Plummet

[WSJ] Puerto Rico Placed Under Bankruptcy Protection


Wednesday's News Links

[Bloomberg] Stocks Sag on Apple Miss; Dollar Climbs Before Fed: Markets Wrap

[Bloomberg] Service Industries in U.S. Expand at Faster Pace Than Projected

[Bloomberg] ADP Says Companies in U.S. Boosted Payrolls by 177,000 in April

[The Hill] Undecided GOP rep: Healthcare bill still a few votes short

[Bloomberg] Big Summer Shutdowns Loom for U.S. Auto Plants as Sales Sputter

[Bloomberg] Why Greenspan's Bond Market Conundrum Looks Like the New Normal

[Bloomberg] China Seeks to Calm Investors With Words and Cash After Rout

[Reuters] China to step up crackdown on illegal forex deals in 2017

[Bloomberg] Toronto Home Price Growth Slows in April as New Listings Soar

[NYT] Political Turmoil Is High, but Wall Street’s Fear Gauge Is Very Low

[WSJ] Fed Rate Rise Unlikely Wednesday, but Possible June Move in Focus

[WSJ] GOP’s Health-Bill Woes Show New Power of Party’s Centrist Wing

[FT] Home Capital drama raises fears for Canada’s housing boom

[FT] Hawkish central bank sends China interest rates to 2-year high