Tuesday Evening Links

[Bloomberg] Stock Rout Worsens as Caterpillar Spooks Bulls: Markets Wrap

[Bloomberg] Crude Slumps as Macron Proposes Iran Deal in Washington Visit

[CNBC] Higher interest rates and rising costs are a bad brew for stocks

[Bloomberg] Global Markets Are Facing Major Milestones at Every Turn

[Bloomberg] The $7 Trillion Debt Pile Looming Large Over Chinese Households

[CNBC] Trade war with US could be the tipping point for China’s $14 trillion debt-ridden economy

[FT] Chinese banks under pressure from Beijing to boost capital

[FT] Bubble trouble and the dangers of more ‘Big Shorts’

[WSJ] Near-Junk Illinois to Sell More Bonds—Will Investors Buy In?

[WSJ] Donald Trump Warns of ‘Big Problems’ if Iran Reboots Nuclear Effort