Thursday's News Links

[Reuters] World stocks hit record, oil falls on OPEC cuts deal

[Bloomberg] All Eyes on Vienna as Oil Drops; Growth Hits Pound: Markets Wrap

[Bloomberg] Crude Oil Weakens as OPEC Disappoints With `Safe Bet' Extension

[Bloomberg] OPEC Extends Oil Cuts for Nine Months to End Global Glut

[Reuters] Moody's China downgrade 'illogical', overstates debt: People's Daily

[Bloomberg] Hong Kong Faces China Collateral Damage on Moody's Downgrade

[Bloomberg] Brazil’s Car Wash Scandal Reveals a Country Soaked in Corruption

[Reuters] Hadas: The next financial crisis could be in forex

[NYT] Why China’s Growing Debt Load Worries the World

[WSJ] China Hitches Yuan to the Dollar, Buying Rare Calm

[Reuters] In first under Trump, U.S. warship challenges Beijing's claims in South China Sea

[Bloomberg] China Warned U.S. Warship Challenging Its South China Sea Claims

[Reuters] Brazil's Temer deploys army as protesters battle police

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