Tuesday's News Links

[Bloomberg] Stocks Drop, Treasuries Tumble on Powell Testimony: Markets Wrap

[Bloomberg] Powell Sees Gradual Rate Hikes Amid Strong U.S. Growth Outlook

[CNBC] Fed Chairman Powell: Market volatility won't stop more rate hikes

[CNBC] Home prices surge 6.3% in December amid critical housing shortage

[Bloomberg] U.S. Consumer Confidence Is at 17-Year High

[Bloomberg] Orders for U.S. Business Equipment Unexpectedly Fell in January

[Bloomberg] R-Star Wars Grip Economics as Powell Testifies: Eco Research Wrap

[Bloomberg] ProShares Slashes Leverage on Surviving Volatility Products

[Bloomberg] No, Worst Probably Not Over Yet for S&P 500, These Analysts Say

[Bloomberg] King Cash Threatens the Reign of Credit Markets From U.S. to Europe

[Bloomberg] U.S. Stock ETFs Ride Waves of Inflows as Market Euphoria Returns

[CNBC] Chinese takeover of Waldorf Astoria owner Anbang shows new strategy

[Bloomberg] ECB's Weidmann Insists QE Can End in 2018 Even as Inflation Dips

[Reuters] U.S. threatens action against Iran after Russia U.N. veto

[NYT] After Anbang Takeover, China’s Deal Money, Already Ebbing, Could Slow Further

[WSJ] U.S. Home Prices Continued to Rise at End of 2017

[WSJ] Japanese Shift Away From U.S. Debt Over Budget, Dollar Fears

[WSJ] Blessed by Xi Jinping: The New Captain of China’s Economy

[FT] Italian election: voters frustrated with shallow recovery

Monday Evening Links

[Bloomberg] Asia Stocks to Rise as U.S. Gains Before Powell: Markets Wrap

[Bloomberg] Stocks Rally, Bonds Climb With Fed's Powell on Tap: Markets Wrap

[Bloomberg] Oil Jumps to Three-Week High as Advancing Stocks Fan Optimism

[Bloomberg] Powell Heads to Congress With Fed Facing Riskier Post-Yellen World

[CNBC] While everyone else was selling stocks this month, companies were buying heavily

[WSJ] Blessed by Xi Jinping: The New Captain of China’s Economy

[FT] Fed governor raises prospect of faster US growth