Tuesday's News Links

[Bloomberg] Stocks Gain as Earnings, Data Boost Confidence: Markets Wrap

[Bloomberg] Americans' Spending Barely Grew in June as Incomes Stagnated

[Bloomberg] U.S. Auto Market Slump Persists

[Reuters] China factory activity accelerates in July on strong export orders: Caixin PMI

[Bloomberg] Euro-Area Economy Steams Ahead as ECB Waits for Inflation

[Bloomberg] China Forex Regulator Is Examining Top Dealmakers, Sources Say

[Reuters] Anbang denies regulators told it to sell overseas assets

[Bloomberg] Europe Becomes Hedge-Fund Hotspot as Economic Recovery Takes Off

[Bloomberg] 1MDB Misses $603 Million Payment to Abu Dhabi Sovereign Wealth Fund

[NYT] Debt-Ridden Chinese Giant Now a Shadow of Its Former Size

[WSJ] ETFs Now Have $1 Trillion More Than Hedge Funds

[WSJ] Auto Lender’s Risks Larger Than They Appear

[FT] Investors hedge against sharp stock market correction

[Reuters] President Xi says China loves peace but won't compromise on sovereignty

[WSJ] As Washington Churns, the World Grows More Dangerous

Monday Evening Links

[Bloomberg] Asia Stocks Point Lower as Yen, Euro Extend Gains: Markets Wrap

[Bloomberg] U.S. Stocks Limp to the Finish of a Healthy July: Markets Wrap

[Bloomberg] Chicago Pension Bills Soar as City Pays Up to Keep Funds Solvent

[CNBC] History says there's a 99% chance stock market returns will be subpar from here

[Bloomberg] Potential U.S. Oil Sanctions Boost Risk of Venezuela Default

[Bloomberg] Greenspan Sees Return of Stagflation Unseen Since 1970s

[FT] Trump tax reform plan heads into quagmire

[FT] Multinationals in China brace for online crackdown

[WSJ] Pentagon Offers Plan to Arm Ukraine