Wednesday, July 12, 2017

Wednesday Evening Links

[Bloomberg] U.S. Stocks, Bonds Jump on Go-Slow Fed; Oil Climbs: Markets Wrap

[Reuters] Fed's Yellen says rate and portfolio plans on track, cautions on inflation

[Bloomberg] Yellen's Take on Inflation Shifts Subtly in Remarks to Congress

[Bloomberg] Beige Book Adds to Fed's Conundrum Over Jobs and Wages

[Bloomberg] Why Credit Spreads Are Resisting Threats From Rising Rates

[Bloomberg] Investors Don't Hate All Fund Managers, Just U.S. Stock-Pickers

[CNBC] A big deal in nonprime mortgages proves leery investors are finally hungry again

[Reuters] S&P warns more sovereign downgrades likely this year

[Reuters] Credit market a bigger systemic risk than during 2008 crisis: Bank of England

[CNBC] Two major Wall Street banks are saying stocks will struggle the rest of the summer

[CNBC] Machines taking over hedge funds despite lack of evidence they outperform humans

[Bloomberg] The Bank of Canada Shows It's the Federal Reserve of the North

[WSJ] Yellen: Inflation Should Rebound, but Fed Could Alter Policy if Softness Persists

[WSJ] China’s Booming Housing Market Proves Impossible to Tame

Wednesday's News Links

[Bloomberg] U.S. Stocks, Bonds Jump on Go-Slow Fed; Oil Climbs: Markets Wrap

[Reuters] Oil rises above $48 as API reports drop in U.S. fuel stocks

[CNBC] Yellen indicates that Fed may not need to hike rates much more

[Bloomberg] Janet Yellen Says Low Inflation Still Major Source of Uncertainty

[CNBC] States in crisis: Embroiled in the worst budget battles since the Great Recession

[Bloomberg] Latin America's Roiling Scandals Burn Emerging-Market Bond Funds

[WSJ] Yellen: ‘Gradual’ Rate Increases Will Be Needed to Sustain Economic Expansion

[WSJ] Shifting Monetary-Policy Outlook Imperils Rally in Emerging Markets

[FT] Fed’s new banking watchdog likely to ease burden of stress tests

[Reuters] Taiwan says Chinese carrier sails into its defense zone

[Bloomberg] Scientists Say Massive Iceberg Has Broken Off in Antarctica