Wednesday, May 24, 2017

Wednesday Evening Links

[Bloomberg] U.S. Stocks Rise to Record, Dollar Slips on Fed: Markets Wrap

[Bloomberg] Most Fed Officials Saw Tightening ‘Soon,’ Favored Unwind Plan

[Reuters] Fed ties rate hike to economic rebound, sees balance sheet cuts in 2017

[Bloomberg] China's Rating Cut Exposes Companies Hooked on Dollar Borrowing

[Bloomberg] Shanghai’s Financial Center Was a Swamp Last Time Moody’s Cut China’s Rating

[Bloomberg] S&P's Famous FANG Trade Has Nothing on Chinese Four-Stock Frenzy

[NYT] Fed Sounds Cautious Note but Doesn’t Deter Forecast of Rate Increase

[NYT] China’s Addiction to Debt Now Threatens Its Growth

[WSJ] Moody’s Serves Warning to China

[WSJ] CBO Report on Health Bill: What It Is and Why It Matters

Wednesday's News Links

[Bloomberg] Stocks, Currencies Hit Pause on Wait for Fed Clues: Markets Wrap

[Bloomberg] China Handed First Moody's Downgrade Since 1989 on Debt Risk

[Bloomberg] U.S. Home Prices Rose 6% in First Quarter as Supply Tightened

[Bloomberg] Draghi Says There's No Reason to Deviate From ECB Guidance

[Bloomberg] Draghi’s Lieutenants Spar as ECB Braces for Exit Strategy Debate

[Bloomberg] ECB Sees Slow Approach to Stimulus Change Keeping Markets Calm

[Reuters] BOJ's Kuroda: uncertainty about natural interest rate complicates policy

[Reuters] Ex-Fed Bernanke: BOJ may need to coordinate new fiscal plan to lift inflation

[Bloomberg] Warning Signs Flashing in Korea as Investors Dump Stock ETFs

[Reuters] Moody's downgrades China, warns of fading financial strength as debt mounts

[Bloomberg] China's Markets Get a Double Dose of Caution From Moody's, MSCI

[NYT] Moody’s Downgrades China Over Worries About Its Growing Debt

[WSJ] Fed Minutes to Offer Clues on Debate Over Path of Rate Increases

[WSJ] S&P Adds to Brazil’s Woes, Warning of a Possible Credit Downgrade

[FT] Noble Group reassurance fails to dispel doubts

[Reuters] China says no one should bring chaos to the Korean peninsula